Beating Commercial Solar Customers' Savings Expectations with Artificial Intelligence
Tuesday, April 27, 2021 at 1 pm ET, 10 am PT
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A well-designed commercial PV system can significantly reduce energy costs, yet some solar customers may be disappointed by their total utility bill savings. The reason? Demand charges. To surpass customer expectations, commercial solar installers can now install a new kind of AI software solution that can anticipate and reduce the building’s demand peaks, increasing customer savings—and satisfaction.
What you’ll learn:
In this informative webinar, Barrett Silver, CEO of Silver Lining Solar, and John Powers, CEO of Extensible Energy will:
Explain the difference between energy charges and demand charges in commercial solar buildings.
Show how demand charges and Time of Use (TOU) rates affect solar’s energy savings.
Describe how Extensible’s DemandEx A.I. software uses a variety of data to monitor, predict, and reduce demand spikes, reducing demand charges by about 30%--and increasing solar’s savings and customer satisfaction.
Reveal how DemandEx can also be used to reduce the cost of back-up power installations.
About the Speakers
A fifteen-year veteran of the solar industry, Barrett has helped clients in the residential, commercial, and utility scale sectors of the industry employ over 7 MW of solar energy.
He started Silver Lining Solar in 2015 to focus on the needs of local businesses and nonprofits so that they could fully realize the benefits of solar technology for their bottom lines and their communities.
Barrett has helped commercial solar clients as diverse as Regeneron, The Tarrytown Music Hall, The Jacob Burns Media Lab, among many others, and has worked for the solar industry’s leading panel and racking manufacturers.
John Powers is the Co-Founder and CEO of Extensible Energy and an entrepreneur with broad experience leading software and consulting firms. He brings deep expertise in energy markets, including energy efficiency, demand response, renewables, rate design, transmission markets, demand-side program design and evaluation, metering, and billing. John is also an energy industry consultant with three decades of experience working with the world's leading utilities, as well as their customers and suppliers.