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utiliVisor Selected as Qualified Vendor for New NYSERDA RTEM + Tenants Program

August 25, 2021 GMT
utiliVisor and NYSERDA are partnering to improve energy efficiency. NYSERDA has just launched its new 25 million dollar incentive program, called RTEM + Tenants, which encourages commercial building owners to implement or service their RTEM systems and increase tenant education about energy conservation measures. Real-time energy management systems use meters, sensors, and controls to determine energy usage by tenant rather than having to cost-average by square footage. The data collected from this submetering process helps owners and tenants detect abnormal energy consumption, faulty equipment, and opportunities for efficiency that reduce their carbon footprint as well as save money--all without sacrificing tenant comfort. utiliVisor is proud to be chosen as a qualified vendor for the RTEM + Tenants program and has been a part of NYSERDA's RTEM initiative since it began in 2016. (Graphic: Business Wire)
utiliVisor and NYSERDA are partnering to improve energy efficiency. NYSERDA has just launched its new 25 million dollar incentive program, called RTEM + Tenants, which encourages commercial building owners to implement or service their RTEM systems and increase tenant education about energy conservation measures. Real-time energy management systems use meters, sensors, and controls to determine energy usage by tenant rather than having to cost-average by square footage. The data collected from this submetering process helps owners and tenants detect abnormal energy consumption, faulty equipment, and opportunities for efficiency that reduce their carbon footprint as well as save money--all without sacrificing tenant comfort. utiliVisor is proud to be chosen as a qualified vendor for the RTEM + Tenants program and has been a part of NYSERDA's RTEM initiative since it began in 2016. (Graphic: Business Wire)
utiliVisor and NYSERDA are partnering to improve energy efficiency. NYSERDA has just launched its new 25 million dollar incentive program, called RTEM + Tenants, which encourages commercial building owners to implement or service their RTEM systems and increase tenant education about energy conservation measures. Real-time energy management systems use meters, sensors, and controls to determine energy usage by tenant rather than having to cost-average by square footage. The data collected from this submetering process helps owners and tenants detect abnormal energy consumption, faulty equipment, and opportunities for efficiency that reduce their carbon footprint as well as save money--all without sacrificing tenant comfort. utiliVisor is proud to be chosen as a qualified vendor for the RTEM + Tenants program and has been a part of NYSERDA's RTEM initiative since it began in 2016. (Graphic: Business Wire)

NEW YORK--(BUSINESS WIRE)--Aug 25, 2021--

utiliVisor, a leader in utility submetering and plant optimization, announced today it has been chosen as a qualified vendor for the Real-Time Energy Management + Tenants program (RTEM + Tenants) from the New York State Energy Research and Development Authority (NYSERDA).

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utiliVisor and NYSERDA are partnering to improve energy efficiency. NYSERDA has just launched its new 25 million dollar incentive program, called RTEM + Tenants, which encourages commercial building owners to implement or service their RTEM systems and increase tenant education about energy conservation measures. Real-time energy management systems use meters, sensors, and controls to determine energy usage by tenant rather than having to cost-average by square footage. The data collected from this submetering process helps owners and tenants detect abnormal energy consumption, faulty equipment, and opportunities for efficiency that reduce their carbon footprint as well as save money--all without sacrificing tenant comfort. utiliVisor is proud to be chosen as a qualified vendor for the RTEM + Tenants program and has been a part of NYSERDA’s RTEM initiative since it began in 2016. (Graphic: Business Wire)

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Funded through New York State’s systems benefit charge (SBC), the goal of the $25 million RTEM + Tenants program is to support the implementation and use of energy management systems and services to reduce energy use in commercial office buildings, including in tenant spaces. A 2016 inventory of New York City’s greenhouse gas emissions (GHG) reported that commercial buildings are responsible for 39% of the city’s total GHG emissions. Therefore, commercial office tenants are critical to reducing a building’s overall energy demand and its emissions.

Part of the new generation of smart building technology, RTEM systems use meters, sensors, and controls to collect and monitor a building’s energy performance data over time. The data collected can then be used to detect abnormal energy consumption, help optimize equipment performance, and minimize maintenance time and expense.

utiliVisor has been a NYSERDA-approved RTEM system and service provider since 2016 and is proud to be chosen as one of the first vendors for the new RTEM + Tenant program. “Building owners don’t have to sacrifice tenant comfort or requirements to improve energy efficiency,” said Tim Angerame, utiliVisor’s chief operating officer. “We analyze the data from an RTEM system at both a high and a granular level to identify inefficiencies and faulty equipment. From that analysis we make actionable recommendations that improve energy performance, educate tenants on their carbon footprint and avoid unnecessary costs.”

Tenant education and behavioral change strategies are integral to effective energy management programs. Recently, utiliVisor met with a client’s tenant—a business with approximately 150,000 sq ft of office space in Manhattan. Leveraging the existing submeter network and billing platform in place, utiliVisor’s Operations Center analyzed the tenant’s RTEM data to determine the associated HVAC, lights and plug load energy/costs. After discussion with the tenant, HVAC schedules were adjusted to reflect the business’s actual hours, rather than the 24/7 schedule that had been assumed. These changes identified a savings of approximately 151,000 kWh, or a cost reduction to the tenant of more than $30,000 per year.

NYSERDA’s RTEM + Tenant program provides cost sharing of up to 33% for RTEM system implementation and services for up to three years. For a property to qualify, its buildings must include multiple tenants and the RTEM system must monitor at least 75% of total building energy consumption, including tenant loads.

“In our experience, owners and operators get great value out of participating in RTEM systems and services because monitoring achieves real savings. And thanks to the incentives provided by NYSERDA, building owners don’t have to pay the full system price or wait to receive rebates,” said Angerame.

To learn more about submetering and how utiliVisor can help you, visit our submetering overview.

To learn if you qualify for NYSERDA’s RTEM programs, visit https://www.nyserda.ny.gov/All-Programs/Programs/Real-Time-Energy-Management.

ABOUT UTILIVISOR

Your tenant submetering and energy plant optimization services are an essential part of your operation. You deserve personalized energy insights from a team that knows buildings from the inside out, applies IoT technology and is energized by providing you with accurate data and energy optimization insights. When you need experience, expertise, and service, you need utiliVisor on your side, delivering consistent energy and cost-saving strategies to you. What more can our 40 years of experience and historical data do for you? Call utiliVisor at 212-260-4800 or visit https://www.utilivisor.com/.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210825005121/en/

CONTACT: Kathy Fealy

utiliVisor Marketing Director

kathleen.fealy@utiliVisor.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: CONSULTING COMMERCIAL BUILDING & REAL ESTATE URBAN PLANNING CONSTRUCTION & PROPERTY PROFESSIONAL SERVICES BUILDING SYSTEMS OTHER ENERGY UTILITIES OIL/GAS ENVIRONMENT ENERGY

SOURCE: utiliVisor

Copyright Business Wire 2021.

PUB: 08/25/2021 10:03 AM/DISC: 08/25/2021 10:03 AM

http://www.businesswire.com/news/home/20210825005121/en