|Program Name:||Real Time Energy Management (RTEM) Program|
|Program Sponsor:||NYSERDA (State)|
|Program Type:||Management Software/Data Tracking & Information Sharing/Technical Support|
|Technology:||Energy Efficiency and Renewable Energy Systems|
|Eligibility:||Commercial and industrial facilities, and multifamily buildings with five or more units|
Real Time Energy Management (RTEM) is a term used by the New York State Energy and Research Development Authority (NYSERDA) to describe a combination of systems and services employed to monitor and identify building improvement opportunities. The system consists of hardware, software, and secure internet connectivity that continuously transmits a building’s current and historical performance data to the cloud, provides automated fault detection and diagnostics (FDD), and supports demand response.
RTEM continuously analyzes real-time granular data from the cloud and transforms it into actionable information for property owners, building managers and tenants, and can pinpoint a building’s operational inefficiencies, identify energy conservation measures, and help justify capital improvements.
RTEM systems come equipped with the following features:
NYSERDA is also offering a 30 percent cost-share incentive for RTEM project expenses which include hardware, installation, and five years of ongoing support from energy experts for businesses interesting in RTEM. Industrial properties can receive up to $500,000 per site, multifamily properties can receive up to $155,000 per site, and commercial properties can receive up to $200,000 per site
Businesses must fit into one of these categories:
Businesses must also pay into the System Benefits Charge (SBC).
How the Program Works
RTEM systems collects and monitors building systems’ performance data in real time. By connecting to a new or existing building and energy monitoring system, RTEM platforms pull data from a network consisting of meters, sensors, and controls, delivering the data to one central location. This data is then analyzed in the cloud, identifying optimization opportunities that can significantly reduce energy expenditure.
RTEM services are delivered by expert consultants to support building staff in using the RTEM system by delivering actionable insights to improve the efficiency and reliability of building operations. The combination of RTEM system and service has the potential to achieve 15% to 30% in energy savings
To participate in the program, interested entities will first need to select a NYSERDA-qualified Real Time Energy Management Vendor. The Vendor will then perform a site assessment to verify eligibility and will apply to the program on the customer’s behalf. Upon application approval the Vendor will install the system. After installation, the participant will receive a 30% cost-share incentive for eligible RTEM project expenses. The Vendor will provide up to five years of ongoing support for the technology.
For more information, please visit the RTEM Resources webpage and attachments.
Interested entities can use NYSERDA’s online contact sheet to submit questions.