The built environment is estimated to account for up to 50% of annual global CO2 emissions, and is a significant source of wasted energy – energy that is not being utilised which continues to contribute to GHG emissions and electricity bills. Plug sockets can account for as much as 40% of a total building’s energy use, half of which is completely wasted energy from idle devices that have been left on.
measurable.energy automatically identifies and then eliminates wasted energy from commercial buildings through targeting these plug sockets and plugged-in devices, resulting in several tonnes of CO2 emissions being avoided and thousands of £’s saved in electricity bills. The platform uses secure, machine-learning enabled hardware and software to automatically:
- Monitor in real-time
- Control sockets remotely
- Detect devices, anomalies, and unusual activity
- Protect by preventing key devices from drawing power
- Balance with incentivized integration into Demand Side Response
- Heal with platform-wide behavioural change
To monitor 100 devices/year, one hardware/software cost is approximately £1.8k followed by £750 from year two onwards. Based on the savings already achieved with current customers this would provide 5.5 tonnes of avoided yearly CO2e and a yearly electricity bill reduction of £6.8k.
Scaling this up to 1000 devices/year, one hardware/software cost is approximately £18k followed by £7.5k from year two onwards. This would provide 32.4 tonnes of avoided yearly CO2e and a yearly electricity bill reduction of £41k.
The ROI is dependent on the mix of socket types, installation costs and the price of electricity per kWh paid by the user. Typically this can vary from 1 month on a smaller installation to 1 year on a scaled install.
The system has been installed in a number of different commercial buildings with companies including Kier, Stantec, Yugo, Reading University, Reading Council, Chaucer, Huckletree, Darke&Taylor, Sky and Capgemini.
Kier installed across 37 sockets in two construction site cabins, costing approximately £1,300 for a whole year. This saved them 15,200 kWh which equated to £5,900 off their electricity bill and 2.7 tonnes of avoided CO2 emissions. They achieved full system payback in 3 months. As they now own the hardware, their Year 2 cost is a subscription of £555.