Companies will benefit from visibility into interval meter data and market price intelligence, enabling increased savings throughout the resource lifecycle
Spokane, WA — February 18, 2016 — Ecova today announced the availability of new capabilities on the Ecova Energy and Sustainability Management Platform, the leading technology platform for large commercial and industrial companies to manage their resource consumption across multiple categories. The platform now includes market price intelligence and a convenient view of invoice and meter data in one place.
Following on the heels of the acquisition of Retroficiency in late 2015 and recent investment in TROVE Predictive Data Science, Ecova continues to build on its commitment to data driven insights with this latest set of platform enhancements.
In response to the growing need for increasingly detailed data, Ecova is incorporating interval meter data, down to 15 minute granularity, into the Ecova Platform. This new functionality will provide clients with the ability to spot usage increases on a daily basis, and to evaluate the effectiveness of efficiency projects prior to receiving an invoice. It also provides insight to usage patterns that will aid in demand reduction and distributed energy projects.
“We’re excited to learn of Ecova’s new platform enhancements and continued innovation on this useful system,” said Jodenne Scott, director of financial support services for Shari’s Café & Pies. “Ecova has been a leader in the energy and sustainability management industry for years and we are glad to have them as a partner.”
In addition to providing deep insight into a site, Ecova provides energy strategy consulting across a portfolio of sites. In Ecova’s 2016 Energy and Sustainability Predictions report, over 60 percent of respondents indicated that they either already had Distributed Energy Resources (DER) installed at a majority of their sites or in pilot sites, or that they are considering investment in DER as part of their energy and sustainability management strategy. In order to support clients in their effort to set and attain robust renewable energy goals, cost effectively, Ecova has launched a new consulting service focused on Distributed Energy Procurement.
“There are many complex forces at work in the energy industry – forces of energy price fluctuation, regulatory mandates, zero net energy and zero waste building goals, and evolving shareholder and customer expectations,” said Jana Schmidt, chief executive officer for Ecova. “Today, businesses have opportunities and requirements to manage both energy rates and sources of supply optimally. With market prices of both traditional grid and distributed resources moving quickly, companies benefit from the transparent analysis and advice that experts at Ecova provide in these complex markets.”
Ecova is a pioneer in helping large commercial and industrial companies develop, execute and track their energy and sustainability strategy. Ecova provides visibility to a facility’s energy, water, carbon and waste data – a unique offering for true sustainability management. Its clients can track and manage sites and critical resource data to deliver operational and cost efficiencies to the bottom line.
Ecova makes businesses and utilities more successful through energy and sustainability management. Ecova blends data and technology, with people and insight, to drive powerful results. Using insights based on consumption, cost and carbon footprint data spanning thousands of utilities, hundreds of thousands of business sites and millions of households, Ecova provides fully managed, technology-optimized solutions for saving resources, which in turn increase returns, lower risks and enhance reputations. Ecova’s sole purpose is to see more, save more and sustain more for its clients. For more information, visit the company’s website www.ecova.com, on LinkedIn, or follow Ecova on Twitter at @EcovaInc.