Utilidata to Deliver Energy Savings for Vectren Customers in Indiana
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Utilidata, Inc. announced a partnership with Vectren that will help the utility company deliver energy savings to Indiana customers and reduce the need to build additional generation resources. Vectren will install Utilidata’s AdaptiVolt™ technology on parts of the electric system in Evansville, Indiana, as part of a conservation voltage reduction pilot program that will enable the utility to capture energy savings from the electric grid without requiring any action from customers.
“Vectren’s goal is to be a leader in customer conservation and energy efficiency, and conservation voltage reduction is one of the strategies to help us achieve that goal,” said Rina Harris, Manager of Energy Efficiency and Financial Reporting. “The long-term objective of a conservation voltage reduction program is that we will be able to deliver energy savings to our customers and reduce or avoid the need to build costly additional generation resources. As we looked for partners in this project, Utilidata stood out as the industry leader, with proven results.”
Utilidata’s patented AdaptiVolt™ technology leverages real-time information from the distribution grid to optimize the delivery of electric power and has been proven to help utility companies save 3 to 5 percent off their overall energy consumption, without any required changes to consumer behavior. The technology helps to reduce losses and save energy as electricity travels from generating plants, through the transmission network, into substations, and ultimately to homes and businesses.
“Real-time data is the key to helping utilities make actionable decisions about energy conservation, reliability, and security,” said Josh Brumberger, Utilidata’s Chief Commercial Officer. “Working with Vectren, we expect to help save 2,587,255 kWh annually – the equivalent of powering 362 homes every year. That’s real savings that are passed on to Indiana customers. The technology also has added benefits that will help Vectren monitor reliability and power quality, and resolve both existing and potential problems on the system.”
Utilidata has partnered with major utilities across the country to deliver energy savings, including working with AEP subsidiary Indiana Michigan Power to deliver savings to Indiana residents.