Overview
Rein in utility billing data
Harnessing electricity, gas and water billing data to support decarbonization goals has its challenges. Manual data capture processes are inefficient and error-prone. There’s no easy way to identify cost and consumption outliers and variances. Plus, normalizing energy intensities for benchmarking is very time-consuming for organizations with large portfolios of energy-intensive facilities.
IBM Envizi: Utility Bill Analytics software saves you time by consolidating your utility billing data, automating conversions and calculations and normalizing energy performance for weather and KPI metrics. Not only does it eliminate the need for complex spreadsheets, it also helps inform smarter energy efficiency decisions across your portfolio.
Utility Bill Analytics from IBM Envizi (03:45)
Benefits
Save time
Automatically capture all your utility billing data in a single, integrated record with powerful ELT (extract, load and transform) capabilities.
Reduce costs
Analyze utility cost and consumption data for outliers and unusual variations over time, and take action to minimize waste.
Improve efficiencies
Benchmark energy intensities across your portfolio so you can identify and prioritize energy savings opportunities.
Drive accountability
Calculate savings achieved over time by comparing actual consumption against historical baselines adjusted for weather.
Streamline reporting
With calculations and conversions handled by Envizi, easily report on cost, consumption and emissions in a consistent way across multiple countries and regions.
Features
Utility performance analysis
Analyze and report utility cost, consumption and savings across different geographical regions, facility types and groups.
Metrics conversion engine
Convert consumption into different metrics to support your reporting requirements without the complexity of spreadsheets and error-prone manual calculations.
Utility variance analysis
Identify significant variances in your utility cost and consumption data that can impact your bottom line.
More features
Integrated regression modeler
Envizi’s built-in regression modeling tool normalizes energy performance for weather and KPI metrics so you can measure and verify savings over time.
Advanced filtering
Apply filters to take a closer look across the organization and pinpoint which groups are contributing most to your utility consumption, cost and emissions.
Flexible data visualizations
Leverage Microsoft Power BI-embedded Envizi PowerReports to make interpreting and communicating performance a highly intuitive, user-friendly experience.
Related products
Next step
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Get a closer look at IBM Envizi to learn more about how this ESG management suite can help accelerate your ESG strategy.