Energy Management Software

Energy management software is an automated system that collects data on energy usage and compiles it into a user-friendly application for further analysis and reporting. It’s used by energy, facilities, and sustainability managers to better manage energy consumption and environmental footprint, facilitate their journey to Net Zero, improve energy-related decision making and facility performance, and decrease operating costs while meeting compliance standards. 

The goal of energy management software is to bring disparate data from electricity, gas, water, and renewable energy usage into one interface, which can then be used to perform in-depth analysis. Energy management software helps you to analyze your energy usage across different areas, detect anomalies which could suggest areas of waste or leaks, manage utility bills, and verify costs against meter readings, helping you to identify opportunities to lower consumption, reduce carbon emissions, and save money. 

Energy management software helps organizations cut costs, reduce waste, and meet sustainability goals. It provides visibility into consumption, identifies inefficiencies, and supports compliance. With accurate data and reporting, businesses can make informed decisions, improve efficiency, and work towards Net Zero while enhancing long-term operational resilience and performance.

Energy management software comprises a range of features and functionality. However, a good system will meet these requirements: 

• Data collection – Centralize all energy-related data and store from any source, system, or format for easy access of data in a secure repository. 
• Energy analysis – Access a unified view of business metrics to identify savings, drive accountability, and make informed decisions. 
• Anomaly detection – Reduce errors by detecting anomalies and receive and generate automatic alerts to readings outside of tolerated levels. 
• Tenant billing – Automate billing for tenant’s utility usage and validate invoices against energy usage. 
• Regulatory compliance – Work toward your ESG objectives and ensure compliance against industry legislation. 
• Sustainability management – Leverage comprehensive carbon reporting, track progress against your ESG initiatives, and simplify your GHG reporting. 

Energy management software provides organizations with the tools required to achieve their environmental, social, and corporate (ESG) objectives. As governance and legislative requirements continue to increase, having the capability to produce reports for GHG Protocol, Net Zero, and ISO50001 (among others) is key to ensuring compliance. 

Energy and water are major operating costs for most businesses. As prices continue to soar, there is increased pressure on organizations to implement a future-proof and robust energy management strategy. 

Energy management software is the heart of your strategy, so it’s important to choose the right platform for your needs. Below are some specific features you should look out for: 

• Open and connected: Your platform should be able to integrate with other data sources across your organization and bring all your information into one place. 
• Web-based: A web-based system offers greater flexibility, faster upgrades, and improved performance over self-hosted options. 
• Scalable: Your energy management system should be ready to grow with your business, and able to support increases in meters, sites, or buildings easily. 
• Automated: Your energy software should be able to automate key reports and alert your team to changes automatically, saving them time and maximizing efficiency.