Prenova Launches Advanced Energy Efficiency Reporting Solution

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Energy Management Services firm helps customers control costs with energy efficiency reporting software for monitoring utility bills and maintenance tickets. Energy Analytics is the first solution to combine data from energy suppliers with information about energy consuming assets. Combining this data for analysis makes it easier for customers to understand how operating practices impact energy costs.

Energy Analytics is a powerful, easy to use business intelligence solution that will help our customers control energy spend

Prenova, Inc., a privately held energy management services provider managing over $2 billion in energy spend for dozens of national brands, today announced the release of Energy Analytics, an advanced energy efficiency reporting and analysis solution. The system is currently being used by several Prenova clients and will be steadily rolled out to all customers during the third quarter of 2009. When fully implemented, Energy Analytics will give users an integrated solution for managing both energy supply and energy demand-related information.

"Energy Analytics is a powerful, easy to use business intelligence solution that will help our customers control energy spend," said Michael Nark, Prenova's President and Chief Executive Officer. "The combination of fully configurable standard reports, with sophisticated custom reporting and access to a variety of other energy-related information makes this an extremely powerful application. But it's also very user friendly. We realized that many other tools were cumbersome and difficult to use. So we put a lot of effort into making Energy Analytics easier to work with. What good is having tons of data if the average user can't do anything with it?"

About Energy Analytics
Energy Analytics is a reporting and analytics solution that gives customers convenient access to critical energy-related information. From invoice images and transaction details to annual energy budgets and supplier contracts, everything is stored in one secure location. This means increased visibility and greater control of energy spend at the site, region, division, and enterprise level.

Designed for ease of use, the application features dozens of standard reports. Reports are configurable, so they display only the information users are most interested in. A sophisticated report wizard with simple drag and drop functionality also enables users to quickly develop their own custom reports. Data is available in actual, calendarized, or weather normalized format and can be analyzed using a number of important metrics, such as cost per square foot, consumption per square foot, and cost or consumption per day.

The scheduling feature allows users to send reports to a distribution list on a specific date or at pre-defined intervals. A user enters a list of recipients and selects the day(s) and time the report should be sent. When a scheduled report is ready, each contact receives an email link to a secure download. Direct system access is not required, so reports can be sent to anyone who needs them. This streamlines communication while also protecting potentially sensitive data.

Energy Analytics also gives Prenova's customers access to important demand-side data and applications. New functionality being delivered this quarter will enable managers to easily change facility operating schedules and track energy management alarms. Users will also have access to maintenance details and key performance indicators for facilities Prenova monitors. Future plans call for adding streaming data from smart meters to give customers greater control of energy consumption.

Prenova is the only company offering an integrated solution that address both sides of the energy equation - supply and demand. Key features of Energy Analytics include:

  • Dozens of standard reports
  • Report scheduling with automatic distribution
  • Configurable report wizard
  • Downloadable data and charts
  • Actual, calendarized, and weather normalized bill data
  • Access to utility service contracts, bill images, and transaction details
  • Alarm management and facility scheduling applications
  • Maintenance data and facility KPIs

To learn more about Energy Analytics, please contact Prenova toll free at 800-408-8114.
About Prenova
Prenova helps companies control energy spend by reducing utility costs and improving energy efficiency. We work hand-in-hand with our customers to develop an energy strategy that fits their unique business needs. Then we help them implement this strategy consistently across the organization by providing services that span the entire energy lifecycle. From sourcing energy to controlling energy consumption, Prenova's solutions can reduce energy spend by 10-20%. That's why companies like Burger King, Costco, Dollar Tree, Dress Barn, and Home Depot turn to Prenova.

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