Rate Comprehension is Fundamental to Successful Energy Projects

Abstract

Most large commercial and industrial electricity rates are deliberately complex.  Many consultants and energy product sales professionals lack the knowledge or motivation to fully dissect rates and accurately calculate marginal kW, kWh, power factor, and other costs that accrue from generation, transmission, LDC costs, surcharges, timing factors and other cost components.  This results in projected paybacks that diverge from reality, often drastically and to the detriment and embarrassment of the energy manager.  Are you or your contractors using blended rates?  The speaker will present real world examples that demonstrate how blended rates can lead the energy manager into financially imprudent traps.  He will then reveal how proper rate deconstruction can elevate the energy manager to a position of knowledge and control with regard to energy projects and outcomes.

Northern Virginia Community College (NOVA) is among the largest multi-campus community colleges in the United States serving over 75,000 students with more than 2,500 faculty and staff members and spanning a combined 430 acres, 51 buildings and 2.1 million square feet of floor space.

Presented By

Miles Smith, C.E.M., C.E.A., C.M.V.P.
Senior Energy Project Manager
CBRE Heery @ NVCC

Miles D. Smith is currently employed by CBRE and embedded as the Senior Energy Project Manager for Northern Virginia Community College, the largest multi-campus community college in the United States. He develops and implements HVAC controls, lighting, generator, thermal storage, metering, energy data analytics, demand response and other energy and cost savings projects and programs across six campuses, 50 buildings and 2.1 MSF of floor space.  Mr. Smith has 35 years of utility, project management, energy management and renewable energy experience, degrees in Management Information Systems and Solid State Electronics, and developed and taught the Army’s Energy Manager Training Program.