Use Cases of Real-Time Electricity Monitoring

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1 Use Cases of Real-Time Electricity Monitoring by Eyedro Green Solutions Inc. Schaedler yesco EXPO 2014 Seminar series Trevor Orton, MBA CEO/Co-Founder Eyedro Green Solutions Inc. 151 Charles St. W., Suite 100 Kitchener, ON N2G1H6 Office: x220 Web:

2 Agenda Why real-time electricity monitoring 12 use cases of electricity monitoring Overview of the Eyedro electricity monitors Overview of myfreemonitor.com cloud monitoring solution Opportunities for electricians, contractors, and solution providers Giveaway Free Eyedro Business real-time monitor (wireless) Copyright 2014 Eyedro Green Solutions Inc. 2

3 Video Thermostat Wars Copyright 2014 Eyedro Green Solutions Inc. 3

4 Why see your electricity usage? Residential Understand high electricity bills Identify cost saving opportunities Notification of power failures Measure power generation Verify meter readings Cool factor Government Promoting conservation Promoting Green Button Promoting TOU & DMR Promoting renewable energy Avoiding costly generation projects Municipalities, Schools Energy awareness initiatives Educational for students Cost savings Commercial, Industrial Identify energy saving opportunities Verify energy saving initiatives Notification of power failures Measure tenant usage Identify cost drivers Social responsibility Diagnostics Electrical Utilities Mandated to conserve Incentive programs Precedent UK, Australia Electricity monitors common Studies/Pilots show proven energy savings British Gas Free monitors to drive savings Confidential, Copyright 2013 Eyedro Green Solutions Inc. 4

5 Pain and Opportunity Commercial, Residential, Industrial Rising electricity prices Time-of-use, Demand-response Hydro bill mystery Social responsibility Smart meters/grid awareness Confidential, Copyright 2013 Eyedro Green Solutions Inc. 5

6 Customer Problem / Applications Industrial Residential Commercial Landlord/Tenants Lighting Solar panels Generators Cottage Confidential, Copyright 2013 Eyedro Green Solutions Inc. 6

7 The Eyedro / myfreemonitor solution + Eyedro Real-Time Monitor Copyright 2014 Eyedro Green Solutions Inc. 7

8 The Eyedro / myfreemonitor solution Real-time, full history Affordable Simple non-invasive install Accessible via internet Support for up to 3,000A Wireless mesh network Freemium cloud service Sold through Schaedler yesco + Eyedro Real-Time Monitor Copyright 2014 Eyedro Green Solutions Inc. 8

9 Video Extension Cords Copyright 2014 Eyedro Green Solutions Inc. 9

10 1. Customer Example: Residential hot water tank Residential customer finds 20% savings in their electric bill within the first few days of installing Eyedro. Installation details: Installed on service entrance wires of single phase 120/240V 200A panel 10 minutes by home owner Results Discovered 1750W spikes for mins each time a hot water tap was turned on Spikes alone were costing the family $25 extra on their bill each month Hot water tank was replaced with natural gas model Copyright 2014 Eyedro Green Solutions Inc. 10

11 1. Customer Example: Residential hot water tank Copyright 2014 Eyedro Green Solutions Inc. 11

12 1. Customer Example: Residential hot water tank Copyright 2014 Eyedro Green Solutions Inc. 12

13 1. Customer Example: Residential hot water tank Residential customer finds 20% savings in their electric bill within the first few days of installing Eyedro. Installation details: Installed on service entrance wires of single phase 120/240V 200A panel 10 minutes by home owner Results Discovered 1750W spikes for mins each time a hot water tap was turned on Spikes alone were costing the family $25 extra on their bill each month Hot water tank was replaced with natural gas model Copyright 2014 Eyedro Green Solutions Inc. 13

14 2. Customer Example: Residential mystery Residential customer with a high bill finds about 30 KWh a day of unexplained usage Installation details: Installed on service entrance wires of single phase 120/240V 200A panel 10 minutes by home owner Discovers large block of unexplained power usage (about 3KW/36kWh) every day from 3pm-3am Copyright 2013 Eyedro Green Solutions Inc. 14

15 2. Customer Example: Residential mystery Copyright 2013 Eyedro Green Solutions Inc. 15

16 2. Customer Example: Residential mystery Copyright 2013 Eyedro Green Solutions Inc. 16

17 2. Customer Example: Residential mystery Residential customer with a high bill finds about 30 KWh a day of unexplained usage Installation details: Installed on service entrance wires of single phase 120/240V 200A panel 10 minutes by home owner Discovers large block of unexplained power usage (about 3KW/36kWh) every day from 3pm-3am Copyright 2013 Eyedro Green Solutions Inc. 17

18 3. Customer Example: Commercial VFD Project Commercial customer uses Eyedro to measure results of energy saving initiatives Installation details: Installed at 347/600V panel that powered 4 pumps 10 min by electrician $349 Results Upgraded pumps with variable speed drives Reduced daily electricity consumption by 70% saving over $20,000 per year Exported results for local rebate program Copyright 2014 Eyedro Green Solutions Inc. 18

19 3. Customer Example: Commercial VFD Project Copyright 2014 Eyedro Green Solutions Inc. 19

20 3. Customer Example: Commercial VFD Project Commercial customer uses Eyedro to measure results of energy saving initiatives Installation details: Installed at 347/600V panel that powered 4 pumps 10 min by electrician $349 Results Upgraded pumps with variable speed drives Reduced daily electricity consumption by 70% saving over $20,000 per year Exported results for local rebate program Copyright 2014 Eyedro Green Solutions Inc. 20

21 4. Customer Example: Industrial Equipment Industrial customer surprised by over 1000 kwh savings per day simply by cleaning an air filter Installation details: Installed at 277/480V subpanel that powered large blower motor 10 min by electrician $349 Results Cleaned air filter on blower motor Reduced daily electricity consumption by over 1000W per day Copyright 2014 Eyedro Green Solutions Inc. 21

22 4. Customer Example: Industrial Equipment Copyright 2014 Eyedro Green Solutions Inc. 22

23 4. Customer Example: Industrial Equipment Industrial customer surprised by over 1000 kwh savings per day simply by cleaning an air filter Installation details: Installed at 277/480V subpanel that powered large blower motor 10 min by electrician $349 Results Cleaned air filter on blower motor Reduced daily electricity consumption by over 1000W per day Copyright 2014 Eyedro Green Solutions Inc. 23

24 5. Customer Example: 10kW Heaters 24 Confidential, Copyright 2014 Eyedro Green Solutions Inc. 24

25 6-12. Other Customer Examples Why is my bill so high? Find damaged appliances and unbalanced phases Penitentiary Electricians diagnosing random equipment failures Golf course Generator sizing School board Teaching tool for students Potato chip factory Compressors, A/C usage Mesh network, IT friendly Remote monitoring Hot tub usage Remote monitoring Monitor for lost power to avoid frozen pipes Copyright 2014 Eyedro Green Solutions Inc. 25

26 Eyedro Real-Time Electricity Monitors Copyright 2014 Eyedro Green Solutions Inc. 26

27 Eyedro Real-Time Electricity Monitors Copyright 2014 Eyedro Green Solutions Inc. 27

28 Demo Confidential, Copyright 2014 Eyedro Green Solutions Inc. 28

29 Demo Confidential, Copyright 2014 Eyedro Green Solutions Inc. 29

30 myfreemonitor Daily kwh Confidential, Copyright 2014 Eyedro Green Solutions Inc. 30

31 myfreemonitor Before & After Comparison Confidential, Copyright 2014 Eyedro Green Solutions Inc. 31

32 myfreemonitor Comparisons Confidential, Copyright 2014 Eyedro Green Solutions Inc. 32

33 Demo Confidential, Copyright 2014 Eyedro Green Solutions Inc. 33

34 Demo Confidential, Copyright 2014 Eyedro Green Solutions Inc. 34

35 Time of Use Pricing Copyright 2014 Eyedro Green Solutions Inc. 35

36 Demo Confidential, Copyright 2014 Eyedro Green Solutions Inc. 36

37 Demo Confidential, Copyright 2014 Eyedro Green Solutions Inc. 37

38 Demo Confidential, Copyright 2014 Eyedro Green Solutions Inc. 38

39 Coming soon BacNet/Modbus interface on myfreemonitor.com Advanced real-time alerts and reports Local server option Public API Water monitoring Copyright 2014 Eyedro Green Solutions Inc. 39

40 Opportunities for electricians, contractors, solution providers Increased revenue Eyedro + installation Market yourself as a market leader Help educate your customers on energy usage Value added service Monitor usage/costs for customers and advise Tool Size generators, measuring generation Upsell Look for other product sales opportunities Door opener Loss leader to increase customer engagement Copyright 2014 Eyedro Green Solutions Inc. 40

41 Video Brick Brewery Copyright 2014 Eyedro Green Solutions Inc. 41

42 Q & A Copyright 2014 Eyedro Green Solutions Inc. 42

43 Use Cases of Real-Time Electricity Monitoring by Eyedro Green Solutions Inc. Schaedler yesco EXPO 2014 Seminar series Trevor Orton, MBA CEO/Co-Founder Eyedro Green Solutions Inc. 151 Charles St. W., Suite 100 Kitchener, ON N2G1H6 Office: x220 Web:

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