Perform Round Trip Analysis

Round Trip Analysis

This patent pending round trip process is revolutionary.  The PredictEnergy™ Program Optimization process is based on actual energy consumption and patent pending predictive energy analytics comprised of four key features:

  •  Contrasting Actual Energy Consumption and Demand to your Utility Billings,
  •  Establishment of Energy and Cost Baseline Key Performance Indicators (KPIs),
  •  Iterative Analysis Best Outcome Predictions for Energy Program Improvements, and
  •  Round-trip reconciliation of Actual vs. Predicted Results with new Baseline Values.
round trip energy cost with predictenergy analytics

Learn More About Energy Anlytics

If the cost of energy is important to your business, then energy analytics helps you to prioritize where and how to improve.

Performing a Round Trip evaluation ensures that energy cost reduction goals are met and sustained.  The best energy program solution  is implemented based on anticipated energy and cost reduction results.  During and after project implementation PredictEnergy™ reconciles energy and energy cost baseline measurements against actual results to ensure that baseline energy goals are met and sustained. This is accomplished using a Measurement and Verification (M&V) process which compares and reconciles ongoing and final program results to predicted.

What does it mean to round trip energy costs?

The principal goal for most energy projects is to reduce energy costs. To round trip energy costs is the process whereby you establish accurate baselines before the project begins, and then accurately measure real project results against those baselines once the project, or project phases are complete.

Are you planning an energy efficiency or facility improvement project in an effort to reduce your electric bill? If so, how will you know if the project turns out to be successful? What will you measure before and after project implementation to accurately represent the value of the project and calculate the internal rate of return (IRR) for your company? Is this the kind of project you should do at one of your other facilities or should you focus on other energy cost savings projects.

How Can PredictEnergy™ Help You

PredictEnergy™ makes it easy to analyze your energy cost.  Selecting the "Convert to Cost" button takes your energy and demand and displays them in terms of cost (dollar-denominated) as a function of your tariff rate schedule.

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