In a press statement, the utility said its energy efficiency measures implemented in 2016 helped reduce consumer energy bills and carbon emissions, as well as improved the utility’s customer services.
Funding and benefits of energy efficiency measures
In total, the energy provider saved 160, 200 megawatt hours and 266, 500 dekatherms of gas equivalent to removing 23,000 cars off the road.
The utility firm provided $40.8 million in incentives for the installation of energy efficient HVAC, lighting, building energy management and other energy conservation systems for its consumers.
$4.9 million was issued to commercial and industrial customers whilst small business and owners of multi-family buildings received $19.9 million and $10.9 million in incentives, respectively.
$5.1 million in incentives were issued to Con Edison’s residential customers.
Since the introduction of the company’s energy efficiency incentives in 2009, Con Edison has provided more than $280 million for the installation of low energy consuming appliances.
Vicki Kuo, director of Energy Efficiency for Con Edison, commented: “Technology is giving households and businesses new and better ways to reduce their energy usage.
“We offer customers advice and incentives for taking advantage of programmable thermostats, sophisticated building management systems, the latest in lighting, and other technologies.”
Big data analytics
The news follows an announcement made in early February by owners of Con Edison of the selection of IoT firm C3 to assist its subsidiaries to optimise their operations using data analytics.
C3 will integrate its IoT solution with Con Edison and Orange and Rockland Utilities’ grid networks.
The two utility firms will use the IoT technology to achieve reliable and secure grid data telemetry from multiple smart grid applications to enhance management of grid networks in real-time.
The deployment of the C3 IoT platform by Con Edison and O&R will enable the energy companies to reduce their operating costs and improve their customer services by introducing new operational business models. Read more…
Image credit: Shutterstock.