“With the influx of data from numerous systems and new goals and regulations, energy management will be a huge issue in 2015, and facility executives should look toward EMaaS to ensure their buildings are achieving the maximum efficiency.”
This was ENTOUCH CEO Greg Fasullo’s thoughts on EMaaS in 2015, and it turns out he was more than just right.
A report on the state of energy management as a service (EMaaS) earlier this year indicates the domestic side of this market’s growth reached more than $30 billion in 2016. This means more companies are embracing the possibilities of savings and better operations through EMaaS, but some still do not understand what it is and why it is essential.
What Is Energy Management as a Service?
Energy Management as a Service or EMaaS is a simple term used to describe an energy management system created to gather information about a company’s existing energy use. This includes average usage rates, operating time, average energy use per-device and more. In this context, per-device describes any item in a business that uses electricity or other resource. For example, the use of natural gas falls under this category.
EMaaS platforms use internet-enabled devices and sensors, like smart thermostats, to collect information about energy use and pool data in one location. For example, ENTOUCH.one is an EMaaS platform that leverages it’s ENTOUCH.360 team for managed services. Think of it this way – one seamlessly integrated system, with 360° customer service and support. Software supported by energy experts (real humans), in real-time using energy data from the connected building and/or facility enterprise.
Why Are More Companies Choosing EMaaS?
Take a moment to think about what goes into creating an energy management system and its challenges. Sensors must accompany every usage point. Next, sensors must collect information about what else is happening when energy use occurs. Is someone in the room? Is an HVAC unit cooling an area adequately? In other words, sensors must be deployed throughout a facility and connected to the system network. Now, imagine how this same scenario would impact multi-site businesses, but it gets even more complicated if information needs to be collected and pooled from both sites into one system.
The only solution is using systems that can connect to the internet and send information back to the control system. Furthermore, these systems must allow for remote activation and deactivation of systems, and automation is key to making the entire process simple. But, its complexity is only part of why more companies are choosing EMaaS. Other reasons include the following:
- Scalability – Energy Management as a Service systems allow for broad scalability.
- Vendor-Managed System – Since the vendor controls the system, updates and technical issues can be handled by a third party.
- Faster Deployment – With rising adoption rates of EMaaS and its value, speed to deployment is critical to gaining a competitive advantage with the system.
- Lower Startup Costs – Except for upgrading failing equipment identified when bringing the system online, EMaaS typically has a lower startup cost than implementing an in-house solution.
- Mitigate Market and Regulatory Risk – Regulations will come and go as will the market. EMaaS reduces risk in being part of the energy market and ensures maximum compliance with all respective regulations.
- Reduce Usage Rates of Energy – A final reason lies in reducing actual energy costs by reducing energy consumption.
The Big Picture
There are many factors impacting businesses’ decisions to move away from in-house energy management systems. Meanwhile, the focus on improving the environment has never been greater. Even the C-Suite may benefit from Energy Management as a Service due to better accountability, reporting, visibility, compliance and profit margins. Clearly, energy management as a service will only become a bigger focus in the future for comprehensive facilities optimization.