Value of Monitoring
The impact of monitoring on energy savings is an established fact: the Department of Energy first published their findings on the impact of sub-metering in federal buildings in 2006. These findings were repeated in June of 2017 in a report by Kevin Kampschroer, the head of the GSA’s sustainability team. The impact on the federal buildings was powerful:
- Up to 45% savings possible with regular ongoing re-commissioning
- 5-15% just from the process of monitoring, which leads to increased awareness and simple changes to equipment and schedules without requiring a significant investment.
It’s important to note: These results are for commercial buildings; in our experience, the savings opportunities are much higher in industrial facilities and certain institutional facilities, such as hospitals.
The good news is that new iIoT technologies have made energy sensors both more powerful and less expensive. In fact, SiteWatchÒ uses a patented technology that replaces $1,000 energy meters (installed) with tiny clip-on wireless sensors that cost as little as $100 apiece.
Whether yours is a commercial building, a manufacturing facility, or an institution like a university or a hospital, it is a virtual certainty that you will save money and operate more effectively once you have installed a comprehensive network of IoT-enabled sensors.
Summary of Advantages
A well-designed real-time energy monitoring system, with sensors installed at very granular levels will…
- Provide detailed insight into machine operating patterns and energy consumption
- Identify wasted energy due to operator error or unnecessary run-time
- Save energy by optimizing machine settings
- Overlay data – both energy and non-energy - to calculate operating costs accurately.
- Minimize downtime through early warning of machine-failure from common causes such as overloading, bearing problems, electrical shorts etc.
- Identify peak demand – i.e. when your capacity peaks are set and which equipment is responsible.