Datakwip Recognized By Environment + Energy Leader Awards 2020 for Partnership with ‘Top Product 2020’ Award Recipient Pepco

We at Datakwip are honored that our work with the Potomac Electric Power Company (Pepco – An Exelon Company) has recently been recognized by the Environment + Energy Leader Awards 2020 as part of a ‘Top Product 2020.’ As an approved service provider for Pepco’s Energy Savings for Business (ESFB) program, we are proud to be able to continuously help Pepco’s customers in the DMV-area business community realize a better pathway to increased energy savings.

Pepco’s Energy Savings for Business (ESFB) program has an incentive called Monitoring-Based Commissioning (MBCx) designed to optimize the performance of facility systems by utilizing data analytics to focus on energy efficiency measures. In fact, the typical ESFB MBCx project can save buildings up to 400 MWh on average – equivalent to the amount of electricity used by a whopping 132,000 homes for an hour.

In the year 2019 alone, Datakwip was directly involved in 20 out of 23 active MBCx applications at a variety of facilities, including restaurants, multi-family properties, commercial office buildings, and industrial buildings. What did our involvement entail? We helped with the installation, monitoring, and implementation phases for these MBCx projects, and essentially, our cloud-based platform was able to turn every piece of energy-intensive equipment in a building into its own energy meter virtually overnight. Combining our unique approach to virtual submetering and the customer’s utility rate schedule, we’ve been able to illustrate real-time cost analysis for energy-related data in order to generate better savings and ROI.

A great example of a noteworthy MBCx project was when we were able to combine our analytics platform with a 15-years-old hybrid energy management system that controlled a 138,000 ft2 office building. Our platform was able to integrate seamlessly with a system that dated back to the early 2000s without any additional hardware installations, yielding USD $58,941 in verified annual energy savings! Now more than ever, it’s critical that we help support the business community by maximizing energy savings and lowering costs and emissions. We are proud to be recognized as a leading proptech innovator who is partnering with major providers like Pepco to help companies successfully achieve energy and sustainability management goals. Interested in learning more? Reach out to us today for a chat.