In a press statement, energyOrbit said it has been selected by the Public Service Company of New Mexico (PNM) to provide its cloud-based demand side management platform to improve the utility's management of energy efficiency projects for some 500,000 consumers.
The cloud-based demand side management platform will allow PNM to monitor and report activities within its energy efficiency and rebate programmes using a single platform.
The technology enables consumers and partners of PNM in deploying the energy efficiency programme to submit information electronically.
The solutions provider claims its system will help PNM to increase worker productivity by reducing the workload for IT teams and demand side management programme managers.
The platform is expected to help PNM to improve its efficiency and operational savings in managing its demand side management initiative by up to 75%.
energyOrbit says its system is open-standard, can be upgraded in line with growth of energy efficiency programmes and changing energy efficiency and demand side management standards.
The technology provider says energy efficiency programmes using its cloud-based software have avoided 6.8 million tonnes of carbon emissions since 2007.
Fifteen of the largest investor-owned utility companies in North America have in the last eighteen months adopted the technology to result in a total reduction in peak demand by 5,617GW, says energyOrbit.
Udi Merhav, CEO of energyOrbit, commented: "One of our core missions is to ensure our clients can move away from non-collaborative, static business solutions and realise significant productivity gains by switching to a collaborative, customer engagement enhancing solution."
PNM and demand side management portfolio
In a statement, PNM said the distributed energy resource technology firm agreed to administer the utility's Peak Saver demand response initiative in 2018 once the programme is approved by the New Mexico Public Regulatory Commission.
Enbala Power Networks will be responsible for managing the programme's current 15MW of demand response capacity as well as market the programme to add additional capacity from the utility's industrial and commercial customers. Read more...
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