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Services We Offer
Sustainable Energy Management
Sustainable Energy Management The Electricity Market is Changing… Forever– BITS Ltd. can Help BackgroundWe are amidst the re-regulating electricity market place with on going continuous changes and rising costs. For example in Ontario electricity is a significant market of some 14 billion dollars per year is entering into a ‘free’ market zone ... energy costs are approaching 20 per cent of operations! IntroductionOur prime objective is to assess the risk and provide value by understanding value analysis associated Management, technology and organizational operations and issues ... StrategyEducation and awareness is key to successful energy management. Success depends upon ‘Enterprise Energy Management’. Our only mission is to provide value in measurable and verified cost benefits, value enhancement and risk mitigation/management ... Operational UnderstandingWe offer expert advice in the understanding of requirements for:Commercial Loads, Industrial loads, Property managers, Municipalities, Power producers, Energy traders and the like … Risk ManagementA key to managing a portfolio is understanding the corporate risk tolerance of the customer . An appropriate Metrics system must be in place ...
Contract ManagementClients can have several contracts based on physical or financial fundamentals which will require: Daily execution, Identification of anomalies Issues concerning connection agreements, Regulatory affairs and political changes. The ability for producers and consumers to adapt quickly to changes in a timely manner will directly affect their profitability ... Market IntelligenceTechnology assessment – Do you really need to spend huge dollars!?!? Meter Data & Bill VerificationOur research of similar markets show 2.5% - 5% of monthly bills in dispute. Conservatively, this results in $350 - $500 million in dispute annually in the Ontario market. Our bill verification service will scrutinize every bill, including:Collection of meter data, Automatic download of IMO meter data, settlement statements, MCPs, Daily meter data verification, Daily resolution of preliminary & final settlement statements, Launching & management of NODs, Final monthly invoice ... ReportingReporting will be well managed with clear, concise, customized reports with internet / intranet availability - dashboards, alarms, notification, etc. Energy Management Support / Other Products and ServicesRapid Deployment energy efficiency programs. Ancillary services, demand mangement, weather derivatives, and emissions credits are emerging markets. Capitalizing on these markets will take a keen understanding of the internal operations and the ability to execute effectively in the market place ... Customer ValueOur approach is to provide extreme value through deriving financial rewards through the delivery of measurable cost benefits and supporting services. Our experience working in deregulated energy markets around the world has proven time and again that the best approach is a prudently managed portfolio based on a customer’s energy usage capability and risk tolerance with aggressive energy management programs to reduce waste ... ConclusionThe focus on energy, its procurement and usage is at an all time high with no signs of abatement in the near future. The catalysts for change are undeniable and the need to act is over due. BITS has a proven track record, no nonsense, common sense service that benefits the bottom line of our clients by the time their next energy bill arrives in a enviromentally positive manner.
Contract ManagementClients can have several contracts based on physical or financial fundamentals which will require: Daily execution, Identification of anomalies Issues concerning connection agreements, Regulatory affairs and political changes. The ability for producers and consumers to adapt quickly to changes in a timely manner will directly affect their profitability ... Market IntelligenceTechnology assessment – Do you really need to spend huge dollars!?!? Meter Data & Bill VerificationOur research of similar markets show 2.5% - 5% of monthly bills in dispute. Conservatively, this results in $350 - $500 million in dispute annually in the Ontario market. Our bill verification service will scrutinize every bill, including:Collection of meter data, Automatic download of IMO meter data, settlement statements, MCPs, Daily meter data verification, Daily resolution of preliminary & final settlement statements, Launching & management of NODs, Final monthly invoice ... ReportingReporting will be well managed with clear, concise, customized reports with internet / intranet availability - dashboards, alarms, notification, etc. Energy Management Support / Other Products and ServicesRapid Deployment energy efficiency programs. Ancillary services, demand mangement, weather derivatives, and emissions credits are emerging markets. Capitalizing on these markets will take a keen understanding of the internal operations and the ability to execute effectively in the market place ... Customer ValueOur approach is to provide extreme value through deriving financial rewards through the delivery of measurable cost benefits and supporting services. Our experience working in deregulated energy markets around the world has proven time and again that the best approach is a prudently managed portfolio based on a customer’s energy usage capability and risk tolerance with aggressive energy management programs to reduce waste ... ConclusionThe focus on energy, its procurement and usage is at an all time high with no signs of abatement in the near future. The catalysts for change are undeniable and the need to act is over due. BITS has a proven track record, no nonsense, common sense service that benefits the bottom line of our clients by the time their next energy bill arrives in a enviromentally positive manner.
facility assessments
ASHRAE Level I and II Energy AssessmentsBaseline Energy Report includes the following inspection, analysis and reporting: o Benchmarking energy/utility consumption and related graphical analysiso HVAC assessmento Lighting assessmento Maintenance recommendationso Power factor and demand profileo Load factor in relation to demand chargeso Comparison of current vs. retrofit monthly energy consumption and cost figures with estimated return on investmento Historical analysis of utility billso Building envelope condition assessmento Building drainage, and landscape drainageo Parking facilities and side-walks o Waste handling and recycling initiatives/recycling procedureso Review of food service operations and facilitieso Printing procedureso Energy purchasing procedures of operationso Energy performance summaryo Comparison with similar buildings/operationso Motor loads / Thermal loadso Compressorso Identification and analysis of other loads and energy efficiency sourceso Identification and completion of IESO saveONenergy incentive applications
Sustainability
Services include but are not limited to:• Facility and enterprise sustainability on site physical assessments and reporting (for example air quality assessments)• Energy Baseline Determinations and adjustments• Real-time Energy Management • On-demand price response• Data Collection, Analysis and Reporting• Access to Online web based Client Facility data• Reduced Electricity Usage and Peak demand charges• 3D Facility Energy Analysis Modeling• Asset Management Performance Contracting • Facility re-commissioning• Measurement and Verification• Energy Supply Management• Renewable Energy Resourcing• Equipment Maintenance and Service • GHGs measurement, verification and mitigation• Waste and water use reductions