The Power To Waste Less Energy & Harness Operational Efficiency
Renteknik’s partnership with Centrica Business Solutions and Panoramic PowerTM provides our Clients with the opportunity to visualize their operations and energy use with real-time, granular data and an analytics platform to holistically: Improve operational efficiency, reduce operational costs and downtime, manage consumption and ensure equipment health.
Listen below to Darren A. Cooper, President of Renteknik Group speak at the
Sensors & IIoT: Manufacturing + Automation + Robotics – EMEA & UK Conference!
The power of real-time data
With a growing focus and need to drive towards a net zero waste environment, having access to innovative technologies and solutions can substantially help and support businesses with the need to become more sustainable and efficient in their overall operations.
Listen to the below podcast as Darren A. Cooper, President of Renteknik Group, discusses Panoramic PowerTM and some of the innovative solutions that Renteknik and it’s team of Experts can provide to support any business that is looking to take control and harness their overall energy, electricity, gas and/or water.
Curtail your energy and start saving today!
Do you know when to power down?
Global Adjustment is one of the largest components of your electricity bill. Did you know that is surprisingly represents a significant 40% to 60% of your overall bill?
What if you could take control of your electricity bill and curtail your usage through innovative planning and monitoring tools that will help you reduce your top 5 peak demand hours and subsequently your monthly bill. Our state- of-the-art technology will provide you the 7 day forecast and insight you require in order to know how much to decrease and when to decrease (time of day insights).
What is Global Adjustment*?
All customers who use electricity and live in Ontario pay for global adjustment.
For large consumers, they will pay the global adjustment in two ways, either as a Class A or Class B customer:
- Many customers with an average peak demand of above 5 megawatts (MW) have the opportunity pay global adjustment based on how much their peak demand use contributes to provincial peak demand – these customers are referred to as Class A under the Industrial Conservation Initiative. See Global Adjustment Class A Eligibility for more information.
- Customers with a peak demand of 50 kilowatts (kW) and up to and including 5 MW will typically pay the global adjustment through their regular billing cycle with their local distribution company − these customers are referred to as Class B.
- As of January 1, 2017, Class B customers with an average peak demand of above 1 MW and up to and including 5 MW can opt to be charged as a Class A customer under the Industrial Conservation Initiative. Learn more at Global Adjustment Class A Eligibility.
- In April 2017, the ICI threshold was further reduced from 1 MW to 500 kW to make Ontario consumers/market participants in targeted manufacturing and industrial sectors, including greenhouses, (i.e., with NAICS codes commencing with the digits “31”, “32”, “33” or “1114”) with an average monthly peak demand of greater than 500 kW and less than 1 MW eligible to opt-in to the ICI.
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Industrial Conservation Initiative (ICI) and Global Adjustment
Here’s what you need to know
Ontario Power grids are designed to meet peak electricity consumption. The Industrial Conservation Initiative (ICI), first introduced by the IESO in 2010, is a demand response program designed to shift large electricity users’ consumption to off-peak hours.
Renteknik Group has been helping large businesses all across Ontario take action on peak demand and curtail their energy usage, ultimately saving them substantial money on their bill.
Global Adjustments Class A Eligibility*
Customers with peak demand greater than 1 MW but less than or equal to 5 MW
Customers with an average peak demand of above 1 MW and up to and including 5 MW will be informed by their distributor, or the IESO if they are transmission-connected, before May 31 each year if they are eligible. These customers must opt in by June 15 of each year to participate in ICI. They will then be charged as Class A customers for the adjustment period starting on July 1.
Existing Class A customers who participated in one or more of the conservation or demand management programs specified in the recently amended Reg. 429/04 and dropped below the peak demand threshold during a base period for an adjustment period that began on or after July 1, 2016 may be eligible to continue participating in the initiative and should contact their LDC for more details.
Read more about Global Adjustment allocation for Class A customers and how to reduce GA costs based on the customer’s ability reduce demand during the peak hours.
Customers with peak demand greater than 500kW and less than 1 MW in manufacturing and industrial sectors
In April 2017, the Government of Ontario reduced the ICI threshold from 1 MW to 500 kW to make Ontario consumers/market participants in targeted manufacturing and industrial sectors, including greenhouses, (i.e., with NAICS codes commencing with the digits “31”, “32”, “33” or “1114”) with an average monthly peak demand of greater than 500 kW and less than 1 MW, eligible to opt-in to the ICI. See Ontario Regulation 429/04. Eligible customers will be informed by their distributor before May 31 each year if they are eligible. These customers must opt in by June 15 of each year to participate in ICI. They will then be charged as Class A customers for the adjustment period starting on July 1.
Customers with peak demand above 5 MW
Under the ICI, customers with an average peak demand above 5 MW automatically qualify as Class A customers. These customers must opt out by June 15 of each year if they choose not to participate in ICI.
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Harnessing Untapped Energy Savings
The more insight you gain about your business or facilities energy consumption, the better you can manage it. Being able to proactively harness operational efficiency and energy savings is vital in your businesses overall production and sustainability.
Our market-leading, real-time technologies provide you with unparalleled visibility and energy intelligence, that take a deep dive into your entire energy footprint – from the overall site all the way down to the specific device-level.
Holistically control consumption, improve operational efficiency, lower energy costs and reduce energy waste while preventing costly downtime.
Comprehensively understand your entire energy platform
Our unparalleled, real-time technology and device-level monitoring solutions quickly and easily allow you to gain full visibility into how your equipment and operations consume energy. This will allow you to fully take control of your energy platforms and become not only more efficient but also more sustainable in your operations.
The solutions and power of IoT
Whether you are looking to gain valuable understanding of energy awareness, water and leak detection capabilities or predictive, preventative solutions that will minimize equipment failure, our real-time solutions will provide you with all the solutions and flexibility catered to your unique business needs and capabilities.
Drive efficiency by monitoring at the device level
Gaining real-time visibility into your equipment energy usage and operational processes will help you better control inefficiencies, while also supporting the reduction of energy waste, sustainability and overall savings.
Reduce the risk of device or equipment failure
Practicing preventative measures will help you substantially steer from the dark path of costly downtime and lost production, while also supporting your equipment and overall operations with a healthy lifespan. Our real-time alerts and analytics will allow you to monitor and take control of any unforeseen issues, ensuring your business is always operating at it’s best.
Act Now & Take Advantage of This Limited Time Offer!
For All Current Clients
Buy 50 and get an additional 5 at no charge
Buy 75 and get an additional 10 at no charge
Buy 100 and get an additional 20 at no charge
Buy 150 and get an additional 40 at no charge
Buy 200 and get an additional 60 at no charge
For All New Clients
If you are a business or facility looking to:
1.Improve business operations
2.Reduce downtime and productivity
3.Control your energy spend, saving you potentially $1,000’s of dollars: