Con Edison Wins Award for Technology That Guides Energy Saving Programs
Con Edison has won a 2014 Innovation Award from the Utility Analytics Institute for a software program that helps the company’s Green Team target programs to reduce customer electrical usage at times of high demand.
The Innovation Award recognizes companies that use analytics to transform their business.
Con Edison’s program lets the company study usage patterns in electric networks, groups of networks and other geographic areas. The company’s Green Team can use that information to decide where options like energy efficiency, demand response, distributed generation and energy storage can most help the electrical-delivery system.
Reducing usage at times when demand is high, such as on hot summer days, can help the utility delay or avoid capital investments in its infrastructure. By holding down capital investments, Con Edison saves customers money.
“We are harnessing the power of advanced software and big data to study energy usage and find areas where we can make reductions,” said Jan Klaiss, senior planning analyst in Energy Efficiency and Demand Management for Con Edison. “It gives us information to guide the investment decisions we make on behalf of our customers.”
Con Edison developed the Integrated Demand Side Management Potential Model with Energy & Environmental Economics and Navigant Consulting.
Con Edison has an energy efficiency program for almost everyone. For information, visit coned.com/energyefficiency, or call the Con Edison Green Team at 1-877-870-6118.
Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation’s largest investor-owned energy companies, with approximately $12 billion in annual revenues and $40 billion in assets. The utility provides electric, gas and steam service to more than 3 million customers in New York City and Westchester County, New York.