2019 Q3 VCxTM Program Update
Small and Medium businesses have traditionally been hard to reach the market for utilities. The potential for savings at a single site is significantly smaller and historically the cost per kWh savings less attractive than larger C&I locations for utility energy efficiency programs.
This year Power TakeOff’s Virtual Commissioning (VCxTM) Program is on track to surpass each filed program goal for our utility partners. In light of this success, one utility partner has recently increased the program saving target from 8 GWh to 15 GWh for 2019 which Power TakeOff is ahead of schedule to achieve. As Power TakeOff continues to develop and evolve the VCxTM model, the company continues to focus on building and improving a data analytics platform that partners with and supports utilities in predicting quality participants in an effort to reduce energy consumption while creating meaningful results and experiences for customers.