Utilidex Energy Analytics 

This month our analytics products got some major makeovers, to help you make simple sense of your energy estates. The integrated tool turns your data into meaningful visualisations providing powerful, on demand resources for a range of roles in energy, from energy managers, bill validators, energy procurement specialists and on-site teams, including an industry first “Energy Calculators” to help you calculate some of the more complex scenarios around flexible energy and the creation of business cases for renewable generation. Below is a snapshot of some of the key updates and additions in the Energy Analytics Section, the updates will be rolled out to all customers over the next few weeks.  You can view further information in our support center at the following link: Business Intelligence Dashboard.


Energy Consumption 

Our Energy consumption section has had a major overhaul to enable you to track three key metrics – planned actual kWh, Energy Intensity and Vacant Energy, both at portfolio level and at site level. A snapshot of these updates is given below:

  • Leaderboard – Conditional data formatting provides easy visualisations of the performance of sites. You can display the Leaderboard information on planned vs actual, out of hours energy usage, energy intensity and monthly /weekly consumption data. 
  • Weekly and monthly consumption – See the differences in planned vs actual consumption at a weekly and monthly level.
  • Energy Intensity – Look at kWh usage by square feet, to easily track energy intensity at a group level, classification level (shop, office etc.) and site level, over a period of time. View the best and worst performing sites, so you can put in improvement plans.
  • Vacant Energy – By putting in the open/close times of your sites in the Site CRM, you can now easily see how much vacant energy you have as a % of total energy, so you can track where sites may be consuming too much energy when closed.


Budgeting Analysis 

For those customers who have the budget add-on, you can now see a set of simple, easy to understand charts and leaderboards for budget analysis. You can track planned vs actual kWh, £’s and PPU, making it easier to review and identify when a group of sites may have deviated from the planned amounts. And as the budgets are updated daily, as new meter data comes through, you can quickly spot anomalies and look to correct them, before they become large issues.


Energy Procurement

For those customers who have the trading/procurement product, you can now see a handy set of visuals, covering position management and risk, including your covered/uncovered % and costs. The procurement/trading product also supports several forward curve scenarios in energy prices, so you can take a look at how price changes in the market could ultimately impact your energy cost, and then adjust your hedging strategies accordingly.


Energy Calculators
You won’t go to a single energy conference these days without talks about flexible energy, DSR, on-site generation, or changes in third party charges. But what does it all mean at a practical level for your energy estate? Should you take part in Flex, should you put in on-site generation, which costs can you avoid? We decided to put together a set of handy calculators to help you answer some of the more complex questions being posed in energy. This month we released two calculators: the Energy Flex Calculator and the HH Cost Profile for a single site. In the coming weeks, we’ll release additional calculators around Capacity Charges. The Energy Flex Calculator helps you understand how much money you may make if you moved to a DSR Balancing type contract where you could turn down usage during high wholesale prices. The HH Cost Calculator helps you see a single site’s Fully Loaded Cost Curve (including all third part charges) so you can see how much the site really costs each HH. You can then use this data to help analyse whether batteries, on-site storage or generation may work for you, and what the payback is.
We’ll be adding more and more calculators in the coming weeks/months and look forward to receiving more feedback on which calculators to include next!
Invoice Summary
You won’t go to a single energy conference these days without talks about flexible energy, DSR, on-site generation, or changes in third party charges. But what does it all mean at a practical level for your energy estate? Should you take part in Flex, should you put in on-site generation, which costs can you avoid? We decided to put together a set of handy calculators to help you answer some of the more complex questions being posed in energy. This month we released two calculators: the Energy Flex Calculator and the HH Cost Profile for a single site. In the coming weeks, we’ll release additional calculators around Capacity Charges. The Energy Flex Calculator helps you understand how much money you may make if you moved to a DSR Balancing type contract where you could turn down usage during high wholesale prices. The HH Cost Calculator helps you see a single site’s Fully Loaded Cost Curve (including all third part charges) so you can see how much the site really costs each HH. You can then use this data to help analyse whether batteries, on-site storage or generation may work for you, and what the payback is.