April 29, 2014
GridPoint, an innovator in comprehensive, data-driven energy management systems (EMS) that enable customers to optimize energy savings, facility efficiency and sustainability agendas, is pleased to announce Electracom Projects, a building management systems (BMS) specialist based in the United Kingdom, as an international extension of GridPoint’s channel partner program. Electracom’s installation and BMS combined with GridPoint’s submetering and monitoring technology allows UK enterprises to enhance energy conscious behaviour through innovative sensoring, cloud-based big data analytics and intelligent control.
“GridPoint is excited to further our business in the United Kingdom with the assistance of Electracom. Their extensive energy industry experience and installation skills position us to assist UK enterprises as they adapt to new energy regulations and manage escalating energy prices.”
New regulations and rising energy costs prompt adoption of submetering technology
Electracom and GridPoint’s strategic partnership opens new opportunities for both companies to provide effective energy and sustainability management for enterprises as the United Kingdom prepares for the implementation of the EU Energy Efficiency Directive in 2015, which will require a programme of regular energy audits.
“With costs of energy steadily rising in the United Kingdom and the impending changes in government regulations within the energy industry fast approaching, Electracom surveyed the market and saw a need to employ next-generation energy management solutions to help businesses gain control through submetering, monitoring and cloud-based big data analytics,” says director Kerry Overman of Electracom. “GridPoint’s vision is to deliver Internet of Things technology specific to energy; transforming how commercial, government and educational enterprises reduce energy expenses and carbon emissions, which they have successfully proven with their impressive customer base.”
Energy management solutions bring data-driven visibility to usage
Todd M. Raba, president and CEO of GridPoint, says of the partnership, “GridPoint is excited to further our business in the United Kingdom with the assistance of Electracom. Their extensive energy industry experience and installation skills position us to assist UK enterprises as they adapt to new energy regulations and manage escalating energy prices.”
The GridPoint solution submeters individual energy-consuming assets and monitors environmental conditions, sends the data to a cloud-based platform and provides real-time visibility, big data analytic capabilities and dynamic control over energy usage, carbon emissions and critical facility performance. Electracom’s expertise in BMS, automatic controls and electrical installation helps bring these innovative solutions to United Kingdom businesses and government agencies aiming to save money, reduce carbon, enhance customer comfort and achieve sustainability goals.
GridPoint’s savings demonstrated in North American retailers
GridPoint solutions have delivered proven results through the combination of data-driven, real-time, asset-level submetering with Software-as-a-Service (SaaS) analytics. With GridPoint’s submetering devices in place, a big box retailer identified 249 issues across 1,100 stores, including unnecessary energy expenses, malfunctioning HVAC and lighting systems and freezer and cooler inventory losses. Additionally, a convenience store operator saves 22% annually per site in energy and capital expenses by monitoring HVAC performance and detecting malfunctions before damaging outages occur.
About Electracom Projects
Electracom Projects has been trading since 2003 and was incorporated in 2008 to form Electracom Projects (UK) Ltd. Initially a provider of electrical installation works to a number of the UK’s premier and blue chip companies Electracom specialises in power, control and data cabling systems. In 2011, the company expanded its capabilities to provide a specialist service for Building Management Systems (BMS). Electracom works closely with technology and business organisations to create control capabilities that not only meet today’s needs to reduce cost, but also addresses tomorrow’s needs for enhanced business and operational capabilities enabled by converged networks.
GridPoint is an innovator in comprehensive, data-driven energy management solutions (EMS) that leverage the power of real-time data collection, big data analytics and cloud computing to maximize energy savings, operational efficiency, capital utilization and sustainability benefits. GridPoint’s integrated energy management portfolio of asset-level submetering and monitoring, intelligent control, energy management software and professional services can generate energy savings up to 30% and an 18-36 month payback.
GridPoint solutions are deployed at over 12,000 sites with over 64 billion customer data points collected to date, and 100 million added daily. Customers include 6 of the top 10 retailers by total sales, 4 of the top 10 casual dining restaurants, 7 of the top 20 quick serve restaurants, leading commercial and industrial enterprises and major government and educational institutions. To learn more, visit GridPoint.com, and keep up with the latest GridPoint news via LinkedIn linkedin.com/company/gridpoint and Twitter @gridpoint.
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