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Smart Submetering Solutions: Validate your data for accurate billing

Mastering the Submeter: How Smart Upgrades Can Improve Data Collection, Billing, and More 

If you manage a facility or building that uses old utility meters, you’re probably paying more than you should be—as much as 30% more, according to some experts.

That’s because, in the past, large developments like apartment communities and business complexes either had one master meter for the entire development or a single meter for each building. As such, the entire community was responsible for utility bills, with the expense divided equally between residents. But this often resulted in charges for energy your tenants weren’t actually using (or wouldn’t be using otherwise).

Submetering is a comparatively modern alternative. It occurs when a meter is installed on each unit, meaning utility usage is measured and divided based on individual consumption. Those who use more, pay more, creating a more accountable model. Indeed, this transition is linked to drops in energy consumption since paying for your own usage incentivizes conservation.

Nonetheless, submetering faces its share of challenges. Remember, this alternative is only comparatively modern. Over the past two decades, it has become the standard for most utility companies, many of which do not wish to invest in new smart upgrades. Instead, they rely on cumbersome, outdated legacy equipment, which can lead to faulty data, inaccurate billing, and other issues.

How a Complicated Legacy Can Lead to Inefficiencies

Property managers using traditional meters often struggle to measure consumption, usage patterns, and downtimes with much accuracy. With submetering, they gain accuracy, but now they must read dozens or even hundreds of meters while gathering the data needed to calculate bills. This not only becomes a time-consuming chore but also creates different hurdles:

  1. Building managers are not utility experts, and yet they’re reading meters, recording data, and creating bills—all via manual processes, which increase the risk of human errors. 
  2. Different model multipliers, utility charges, and old technology with outdated methodologies further complicate the data collection process. 
  3. Residents who discover they’ve been overbilled will, of course, want their money back. What if a large business discovers an error going back not months but years and demands full repayment for a six-figure mistake?

Clearly, serious problems may arise. So, why not upgrade? There are a variety of reasons property managers may overlook new submetering solutions, from the upfront costs to the time and complexity of installation, but the reality is that the right system can return your investment tenfold.  

Should You Replace or Modernize?

Modern submeters are digital devices that establish two-way communication between the end-user and the service provider, collecting and transmitting data electronically to prevent manual errors, ensure accurate billing, and enable efficient energy management. Even better, pairing this technology with a smart information system can enable remarkably granular data, deep analytics, and near-limitless customization.

As mentioned, however, property managers can’t always foresee this return on investment. Instead, they see the upfront price tag and installation timelines—all for a solution that will shove them out of their comfort zone. But here’s why those assumptions are incorrect:

  1. Many submetering technology providers have service-based offerings, meaning you can pass on the expense (which is often offset by savings) to tenants through billing fees.
  2. Digital recordkeeping replaces hours of clipboards and spreadsheets with a single, unified app. Scan each meter and go, saving you time without any costly mistakes.

While the initial investment of modernizing your submeters might seem steep, the upgrade is more than worth it—for you, your tenants, and even the world.

The Smart Pursuit of a Sustainable Future

Enabling energy efficiency is a huge step toward a more sustainable future (and also combats rising energy costs), but for organizations that run large, complex facilities, it requires detailed usage information that is not always available. With smart submeters, however, you can access in-depth energy consumption data to inform better decision-making, identify and eliminate waste, and gain early warnings before equipment fails. 

Amzur provides smart submetering solutions for a range of building types, from smart homes to hospitals. Our submeters not only monitor and record data but also analyze consumption patterns, enabling you to provide accurate billing, predict downtimes, and optimize power utilization, all while making your buildings more eco-friendly.

Best of all, our real-time tracking, monitoring, and measurement systems let you customize energy supplies based on unit-specific needs. They empower you to adapt. To transform your properties for the future of energy. With smart submetering, you can install cutting-edge solutions like rooftop solar and even start selling the energy you produce back to the grid. 

Smart submetering is a practical, user-friendly gateway into a new world of energy, but it also represents so much more. Flexibility, freedom, independence. It lets you stop consuming and start giving back—to your tenants, to yourself, and to the world. 

 

3 Best Uses Of Smart Building Technology To Save Upto 10% of Your Energy Consumption
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3 Best Uses Of Smart Building Technology To Save Upto 10% of Your Energy Consumption

What is a smart building and how it saves energy?

In contrast to conventional buildings, commercial buildings experience frequent upgrades. As a facilities manager (FM), relying on traditional methods to ensure effective asset management is always challenging. According to a Facility Management Association of Australia study, there is a huge gap between current information system practices and the needs of facility management professionals. Receiving, storing, analyzing, and providing collaborative data access to multiple points are the major concerns of the current building management system. Developing an intelligent building management system helps the manager save time, energy and money by automating intervention ranging from simple tasks to complex monitoring. A comprehensive energy management system will analyze and control energy leaks by providing early warnings and recommend easy fixes to avoid excessive bills.  

Why IoT Technology is demanding?

Gartner says, by 2020, IoT technology will connect over 5 billion devices. Organizations embarking on a policy of IoT adoption will witness a positive ROI in terms of productivity, security, data management, and other fronts.

The global Internet of Things (IoT) market will exceed $1 trillion in value by 2025, with more than half of the associated devices set to be deployed in business settings.

How smart buildings can benefit you in energy saving?

The landscape for IoT technology has been expanding and is rapidly becoming pervasive in its use, from micro-businesses to large enterprises. Intelligent Building Technology implementation involves a strategic framework that ensures effective utilization and energy preservation while also bringing all systems together via a single platform with a single maintenance plan. The system involves both hardware and software components and integrates building lighting, HVAC, motors, parking systems and all other relevant parts of the building.

IoT Building Management Technology consolidates data from various gateways and unifies them to enable control from a single point-source, thereby enabling an easier analysis of data and automation of disparate facility infrastructure components.

According to ResearchAndMarkets.com report, the IoT enabled Smart Building Market will see rampant growth by 2023.

  1. Global IoT Smart Building Market will approach $51.44B USD globally by 2023
  2. 33% of IoT Smart Building Market will be powered by AI technologies by 2023

Let us examine some of the common use-case scenarios for Smart Building Management Systems.

How IoT Smart Building Technology controls lighting: Smart Bulbs

In the case of large organizations or buildings, monitoring and controlling every light bulb isn’t as easy as we think. Imagine the effort involved in manually checking and switching on or switching off hundreds (and possibly thousands) of light sources. Implementing an IoT smart bulb monitoring system can automate operational maintenance and improve performance quality.  The sensors integrated with IoT gateways will transmit the status signals of smart bulbs/lights. Thus, the facility manager can track whether the bulb is working or not. IoT offers an easy way of fixing the problem and saves time and energy. Efficiencies can be better further by deploying motion sensors in parking basements and low-traffic work areas. Unless the sensors detect the vehicle or human movement, lights will be in the OFF state and turn to ON when motion is detected.

Smart Building Platform is expected to save about 9% in power usage during the first year and around 20 to 30 % thereafter, following further efficiency enhancements. (IoTOne solutions report)

Parking Management System: Smart Building Platform

Parking and toll collection are major sources of revenue for shopping malls and other large commercial organizations. These can save substantially on energy consumption by controlling the intensity of the lights based on the density or arrival of vehicles in parking bays with IoT integration, thereby ensuring the safety and security of customers. Effective management of lighting system improves the reliability and life of the bulbs as well.

Furthermore, by deploying Intelligent Building Technology the facility owner and customers can automatically track parking slot availability and toll fee collection. The IoT ecosystem keeps track of login and logout times of vehicles to determine parking slot availability. With dedicated navigation mobile apps, patrons can find the easiest path to the nearest available parking slot within the parking lot, saving time, fuel and reducing harmful pollutants within an enclosed space.     

How IoT Smart Building Technology controls HVAC systems: Automatic Temperature Control

Old commercial buildings are energy-inefficient due to conventional methods used in the deployment and maintenance of HVACs. HVAC systems typically account for 40% of the energy consumption in commercial buildings. IoT enabled buildings can automatically adjust temperatures according to the desired ambient temperature, occupancy, and external weather conditions leading to a pleasant and productive work environment.

Moreover, manual monitoring and maintenance of HVAC systems are both, time consuming and expensive. Having an automated solution powered by data-driven predictive analytics proactively identifies potential failure points and recommends maintenance activities before they lead to costly system failures.

Amzur Energy can develop customized IoT solutions by understanding the specific needs of your business. Contact us to transition from legacy to modern systems and realize the real-time benefits of IoT technology for your operations.

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Smart submeter: Track, Monitor and Manage your Energy & Billing

Challenges with traditional energy billing meters?

Are you a Facility Manager or Building Owner using traditional energy meters? If so, you are probably paying at least 20% more than your actual consumption. Manual reads are susceptible to human error and provide minimal protection against energy theft and fraud. Opting for sub-metering not only offers better accuracy and robust protection against theft but also saves your tenants upwards of 30% on their energy bills.

What is a submeter?

A submeter is a digital meter that establishes two-way communication between the end-user and the concerned service provider. When paired with Energy Information System (EIS) it allows for effective energy management by providing highly granular data at few seconds intervals enabling very deep analytics. The analytics help informs the end-user of their individual energy usage pattern and suggests behavioral adjustments to cut down on electric cost.

Top 3 Benefits of smart sub meter

Increased visibility:

Unlike conventional energy meters, submeters collect and transmit telemetry data electronically. This helps curtail and prevent erroneous manual reading operations.

Accurate billing:

Units measured are units billed. With an alarm mechanism to detect tampering and rules to indicate above threshold values, submeters ensure more reliable and secure metering.

Energy management:

In addition to operational benefits to the facility managers, submeters also enable a more engaging experience for end-users by providing analytics on their energy usage.
Submeters together with IoT integration have the ability to track and analyze energy consumption patterns. Submeters can help facility managers or building owners in monitoring irregular usage patterns. Predictive analysis can also be carried out on equipment operating conditions and related energy wastage, permitting facility managers to check and repair equipment before failure points arise. All these initiatives combined can lead to substantial savings for an organization or building.

Sub Meters are available for all three utility types: electric, water and gas.
Interested in learning how you can transition to submetering solutions for your organization and its own unique needs? Drop us a line

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Smart submeters and their key benefits

A new way to measure and manage your building’s energy

Energy management and efficiency utilization are the challenges for building owners, facility managers, and tenants. With the traditional metering solutions, building owners can’t measure accurate consumptions, usage patterns, and downtimes. 

It is simple: You can’t manage if you can’t measure. 

Building owners and tenants have been speculating about bettering and changing their approach to optimize energy consumption by deploying smart submeters. In contrast to traditional electrical meter, a smart submeter is infused with network connectivity features to upload the data. They track, monitor, measure, and upload data to servers for real-time visibility. Earlier building owners used to bill according to the space occupied by the tenants. Think about inaccurate billing – have you ever seen a bill that confused you?

Today’s modern commercial and multi-tenant buildings are equipped with submetering solutions. According to Navigant research report, the global smart buildings for smart cities market is expected to grow from $3.6 billion in 2017 to $10.2 billion by 2026.

How a smart submeter benefits utility provider and customer?

In terms of utilities 

Every building and tenant have their unique requirements and energy consumptions. Submetering solutions allow utility providers to track and monitor usage patterns of tenants. This allows utility providers to customize energy supply. This way they can meet the demand and supply needs. 

Submeters answers questions such as, 

  1. When are the peak demand times? 
  2. How much energy must be generated to meet the demands? 

Submetering benefits for customers

Be it an office, house, or commercial space every customer has their set of electrical equipment and consumption patterns. Every tenant is intent to know accurate utility/electric bills. They question things. Smart meters can track individual heating, ventilation, and HVACs. 

When the building owner or facility manager has the provision to track the usage, it is possible to limit the wastage. With smart submetering solutions, every tenant can transform the real-time data into actionable items. Smart electric meters are often used with rooftop solar power panels to track and manage energy. 

Could they sell the power back to the grids?

Benefits of smart submeters:

  • It provides a detailed analysis of energy consumption patterns.
  • Save time and cost.
  • Predict the downtime and alert the customers and utility providers.
  • Accurate billing and real-time data monitoring.
  • It Allows meeting benchmark performances with optimized power utilization.
  • Individual tracking of equipment allows better performance.
  • It makes your building eco-friendly.
  • Effective ROI.
  • It makes you star-rated building.

Buildings to get submeters:

  • Commercial buildings.
  • Shopping malls.
  • Hospitals.
  • Schools.
  • Multi-tenant buildings.
  • Smart homes.

 

Need help with the submetering system? Amzur provides an integrated solution that tracks and manages the building’s energy.

Talk to our team to know more about how smart submeter can save your time and money. 

For more info:

Find out how metered buildings generated an average of 21% savings by reading CBRE Global Insights.

Get your smart submeter solution today.