Knight Sheds Light on Utilities’ Demand-Response Programs
Because Building Automation Systems (BAS), Building Internet of Things (IoT) and controls technologies have improved, demand-response events at utilities have the capability to be automated. Yet so far, automated or not, demand-response programs are far from being championed. Will things change down the line?
“It’s more likely moving into the future that utilities will see more economic benefit from charging real-time energy prices,” says Rob Knight, who was quoted on the topic in “Internet of Things Can Help Save Energy When It's Most Expensive” in Building Operating Management magazine. “They’d raise the cost when demand increases and they’ll allow customers who are so equipped to save that money.”