RTEM for Small Business
Have you considered the benefits of smart building technology, but felt that your small business may be just that, “too small”? Contrary to what you may think, no business is too small to take advantage of the benefits of smart building technology – or Real Time Energy Management (RTEM).
What does RTEM for Small Business look like?
A dedicated solution that provides professionally curated analytics and recommendations to business owners tailored for their space and budget. Quick and unobtrusive installations allow for your business to continue operations without interruption, providing a headache-free experience. Analytics are performed through the cloud, allowing NYSERDA-qualified energy management partners to remotely access equipment data to help guide your businesses’ individual energy performance needs.
RTEM as a Small Business Solution
- Lower the cost of professionally installed and commissioned RTEM platforms
- Proactively identify potential issues with your HVAC equipment before equipment failures during critical cooling or heating seasons
- Leverage cloud consolidated portfolio management and keep tabs on all locations at once from a single user interface
- Optimize comfort and reduce energy costs with access to experts who remotely monitor your HVAC systems and provide ongoing reporting to you on performance
- Gain a new perspective on value and understand the true cost per sq. ft. of a building or space
How the Program Works
For businesses looking to take advantage of this cutting-edge technology, NYSERDA is offering a 30 percent cost-share incentive for eligible RTEM project expenses. This may include hardware, software, installation, and three years of ongoing support from energy experts. That means that 30 percent of all eligible costs are guaranteed to be covered up front, so you won’t pay full price or need to wait for rebates.
This is subject to a total incentive cap of $85,000 for both System and Service costs.
Eligible applicant sites must be less than 50,000 Gross SQFT and 300 kW of 12-month average peak demand.
Eligible sites must also be on a Commercial rate and pay into the System Benefits Charge (SBC) on their electric utility bill. With a copy of your electric bill, a qualified vendor can confirm if your service meets these eligibility requirements.
Project Scope Requirements
In addition to the minimum project scope for standard RTEM projects as defined in PON 3689 , RTEM for Small Business projects must also include the following:
1. Whole building energy monitoring
a. All utility meters serving the site must be monitored / integrated into the platform
b. Each Service Report must also include an estimated breakdown of total energy by end use
2. Three (3) years of service required
NYSERDA qualifies vendors who are experts in delivering the highest-quality RTEM service for your building. Our partnered vendors offer advice and support throughout the project—from installation to continued monitoring and optimization. Get started by selecting a NYSERDA-qualified RTEM vendor, or learning more about RTEM technology in the broader marketplace.