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Over $1.6 Billion in Utility Energy Efficiency Incentive Dollars Managed by energyOrbitSAN FRANCISCO, May 23, 2017 /PRNewswire/ -- Details from energyOrbit illustrate electrical utilities are making significant strides in implementing energy efficiency and demand side management (DSM) programs and reducing unnecessary energy consumption among their customers.
In the last 18 months, energyOrbit reports it has aided five of the 15 largest investor owned utilities in North America, as well as public utilities & cooperatives and third-party implementers in collectively reducing 5.617 GW of peak demand through its automated customer engagement and operational management cloud software platform, a 62 percent increase in the last 18 months. In total, energyOrbit has helped customers manage more than $1.6 billion in incentive dollars, enough money to make 6,400 trips to space. The award-winning platform has also seen a 58 percent increase in the amount of total energy savings achieved on the platform in the past 18 months to a total of 13.245 TWh; an amount equivalent to what two million solar powered homes could generate in the Los Angeles Basin. Through the execution of energy efficiency programs through the energyOrbit platform 6.8 million tons of CO2 emissions have been avoided since 2007, enough to fill 1,151 Empire State Buildings (for more view Infographic). "The updated statistics on the effectiveness of our platform help to illustrate the invisible, yet critical, role energy efficiency plays in our nation's energy mix. Considered a 'fifth fuel,' energy efficiency is a critical energy resource that goes beyond saving money for customers. It also helps organizations defer or totally avoid capital investments in new power plants, peakers, energy efficiency generate jobs, reduce greenhouse gases and contributes to enrgy independence from politically volatile regions," said Udi Merhav, CEO of energyOrbit. "We feel honored that our customers, such as the State of Delaware, have chosen our cloud- solution to help them be successful in managing their energy efficiency and DSM operations, freeing up their teams to focus on expanding their programs to help even more customers save energy. We are very pleased with the genuine impact we are having in the cleantech sector and the incredible reception from our users." Today, utilities and third-party implementers who use the energyOrbit platform realize up to 75 percent improvement in efficiency and operational savings in their DSM operations. The customer engagement solution is powered on the Salesforce platform to provide an integrated user experience that drives energy savings, streamlines energy audits and increases administrator productivity. The cloud-connected system goes beyond common spreadsheets and other "flat" solutions to capture and organize data and results from various energy efficiency and renewable energy programs. This streamlined and automated process simplifies analysis, sharing, collaboration and consistency. energyOrbit also allows DSM program implementers to manage and submit their program performance data through a simple to use, web-based interface. The system is routinely upgraded with the latest in energy efficiency and DSM standards and best practices to keep users ahead of the curve in DSM program management. The result is increased worker productivity in DSM operations, streamlined third-party reporting and vastly improved program adoption. Beyond helping utilities achieve mandated energy savings goals, the energyOrbit platform supports customer engagement for utilities and can help set the foundation for the future implementation new modalities in DSM, such as planning for the rollout of Distributed Energy Resources (DER) within a service area. The system can target customers within a service area who are predisposed to clean energy options, by tracking their participation parameters in energy efficiency programs. About energyOrbit Founded in 2007 and based in San Francisco, California, energyOrbit is the market leading solution for cloud Demand-Side Management operations. energyOrbit is deployed with leading utilities and third-party implementers across North America, enabling customers to realize an average of 65 percent improved efficiency and operational savings in their DSM operations. energyOrbit empowers utilities to deploy DSM programs in hours, scale programs and portfolios efficiently, and to streamline utility customer relationships, partners, and internal communications seamlessly. As of 2016, energyOrbit has helped utilities and third-party implementers collectively manage more than 13.245 TWh of electricity savings. Additionally, 5,617 MW of peak demand has been reduced by efficiency measures tracked by energyOrbit. More than $1.6 billion in incentive dollars managed and prepared for payment. For more information on energyOrbit please visit www.energyorbit.com and follow up on Twitter (@energyOrbit) and on LinkedIn (linkedin.com/company/energyorbit-formerly-crmorbit-). Media Contacts:
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/over-16-billion-in-utility-energy-efficiency-incentive-dollars-managed-by-energyorbit-300461981.html SOURCE energyOrbit 
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