Benefits of Real-Time Monitoring
An older article in the Yale Daily News describes how real-time monitoring of energy use enables the city of New Haven, Connecticut, to proactively save money.
The city now uses real-time measuring to electronically monitor the amount of energy being consumed by its buildings. As an example of the city’s use of this information, Altieri said electricity use tends to peak in the summertime during the heat of the day. When the city sees this peak, it can raise the temperature in its buildings by a degree or two without the buildings’ inhabitants noticing. This decrease in electricity consumption then saves the city a significant amount of money, as Honeywell planned.
Another interesting comment from the article:
“The original goal was mainly from a cost perspective,” Smuts said. “It’s only as we achieved such success that we really started to appreciate it from an environmental perspective and a quality of life perspective.”
This sounds so similar to the Location Efficient Mortgages and ShoreBank strategies.