Real-time utility monitoring empowers stakeholders to take data-driven action resulting in direct energy savings. The technology works by monitoring the power flowing through circuit breakers and other devices using sensors called current transformers (CTs). It also displays your energy data on a graph in real time, revealing potential problems you would never discover with a utility bill. With alerts that can be set to trigger for virtually any threshold value, it’s easy to catch equipment waste and unexpected demand charges before they become costly problems.
The real-time tracking system is an important step towards building a smarter and greener grid. It allows utilities to monitor the flow of electricity across the network, identify congestion points and reroute power more effectively, leading to greater grid stability and enhanced reliability. The technology further enables them to optimize energy distribution, reduce costs and implement demand response programs that promote effective energy conservation.
With the help of predictive analytics, advanced real-time tracking systems are able to analyze data and identify patterns that can be leveraged for better resource allocation and optimization. This helps in reducing energy consumption, identifying potential areas of improvement and providing better customer service.
Many real-time tracking solutions come with submetering capabilities which provide detailed power usage data for individual floors in a facility. These systems can track power usage at intervals of 15 minutes or less, helping facilities to effectively manage peak load and reduce monthly demand charges. They also provide reports that show the energy consumption trends of a particular asset such as HVAC or other large power consumers in a building. The data can be viewed year-wise, month-wise or day-wise as per your requirements. real-time utility monitoring