New York, NY 10001
P: (212) 616-5100
Energy Supply Management, Energy Procurement, Real Time Monitoring & Analytics
Energy Supply and Risk Management
Whether it’s electricity, natural gas, fuel oil, or renewables, managing commodity price risk is a complex and time consuming process. Competitive energy markets vary greatly by region, and a full-time team is required to monitor energy buying opportunities, regulatory changes that will affect procurement and risk management strategies, and local wholesale market developments that can complicate buying strategies.
EnergyWatch acts as your strategic energy supply and risk management partner, working with you and your team to determine optimal contract term length, energy product mix, and contract terms and conditions.
You’re an expert in operating your facility. EnergyWatch is an expert in advanced monitoring, measurement and verification, analytics, and business intelligence. We can provide our services and expertise to support your decisions and identify additional opportunities. Minor adjustments to operations (such as shifting start-up times by an hour or less) can lead to hundreds of thousands of dollars of delivery demand and supply capacity savings. EnergyWatch’s descriptive, predictive, and prescriptive analytics can provide you the tools to stand out from your competitors and maximize reductions in energy costs and increases in energy income.
The current energy management and sustainability status quo is multiple vendors, each providing individual services in a silo and not communicating with one another. Such an approach makes it nearly impossible to capture the full value of your energy and sustainability activities. You are paying multiple firms to collect and utilize overlapping sets of utility data, while not being able to fully realize the value of the many interactive effects of various energy management activities (e.g. efficiency projects impact on capacity tags and electricity procurement options, which drives cost.). With energy and sustainability management’s increased importance and shift from tactical execution to strategic importance, you should be working with an experienced, reputable partner that will serve as your strategic energy advisor.
Sustainability management is more important today than ever before. Increasingly at the top of the news cycle with events like COP21 and the US Clean Power Plan, sustainability services like GHG emissions reporting and ENERGY STAR Portfolio Manager benchmarking are more and more necessary to keep up with the Joneses.
And with sustainability reporting mandates from cities and states, voluntary reporting (increasingly necessary to keep up with market demands) through agencies like GRESB and membership in groups such as CERES, hundreds of firms pitching the latest, greatest efficiency technologies, and directives coming from the C-Suite there are more responsibilities (and opportunities) than there is time in the day.
EnergyWatch can help with your sustainability reporting responsibilities with Energy Star Portfolio Manager Compliance Reporting, Carbon Emissions Management, Waste and Recycling Data Management, and Water Data Management.
Utility Expense & Data Management
Energy is the number one controllable operating expense for buildings. Energy invoice data is critical to energy management, yet many portfolios continue to track energy data in Excel spreadsheets where it cannot be leveraged to optimize expense, consumption, and emission reductions, or maximize energy income and tenant recoverables. Others utilize “off-the-shelf” software that is either difficult to use, inaccurate, requires end-user data-input, limited in capabilities, closed-source and siloed, or worse, all of the above. Through invoice management, auditing, and reporting, utility budgeting and accruals, and regulated rate analysis, EnergyWatch addresses these issues and more.