+What is Correlate?
Correlate is a Virtual Energy Manager for businesses - our platform creates, deploys and manages low-cost custom strategic energy programs that reduce risk and increase energy savings. The Correlate platform figures out energy management for businesses and it saves them up to 60% on their energy bills with no up-front capital outlay.
+What are solutions and measures that the platform commonly recommends?
While helping customers achieve their individual business energy consumption objectives requires personalization, there are technologies that are common to virtually all businesses. For example, addressing lighting and building heating and cooling efficiency immediately is very common. Taking steps to tune up, replace or upgrade these technologies, as well as other energy reduction tips, can have a dramatic effect. Depending on the nature of your business, addressing production process, fans, motors and other critical equipment could result in a similar tune-up, replace or upgrade path. Different methods of energy conservation, such as deploying granular controls, considering switching amongst fuel sources or providers, participating in lucrative state or utility company sponsored conservation programs (electricity, natural gas, water) and/or generating your own energy are other measures which may also make sense.
+Is there a certain size business that works best for the platform? (What markets will it work in?)
The virtual energy manager and platform can help any business of any size that is in the United States to set goals and achieve their energy management objectives through creative energy reduction ideas and other strategic tactics.
+How much does Correlate's Virtual Energy Manager cost? (How much does the Correlate service cost?)
It will not cost you anything to engage the Correlate platform. If you find our Virtual Energy Manager service valuable, we will ask that you pay a small monthly fee for continued access to our services. This fee will be directly proportionate to the cost of specific resources that you have under management with us. We will share the amount of the fee (and how we solved for it) as soon as we have established a baseline measurement of your resources to be managed. We can alternatively provide you an estimate in advance of engagement.
+How long is a typical Correlate engagement?
This can be variable depending on the quantity and complexity of your individual assets and the nature of your energy management goals. Generally, it will take our platform anywhere from 30-120 days create your customer energy program. Deployment and management is ongoing as part of our platform.
+What happens with the data that is created by an engagement with Correlate?
The data we collect is, and always will be, yours. We will retain your data indefinitely unless notified to do otherwise. We will never share your data with another party without your consent.
+How does the Correlate platform know what recommendations are relevant to my business?
The Correlate platform's virtual energy manager will work with you to better understand your business energy costs, goals and objectives, while simultaneously engaging vendors, solutions providers and utility representatives within local markets to solve for what is possible. We use data that we have gathered from you and your facilities to support this. (Our virtual energy manager is experienced in all major Generation Technologies, Energy Efficiency Frameworks, and Standards)
+Who in my organization should be engaging with the Correlate platform?
Company representatives who can speak for the business as to short term and long term goals, who have the ability to define success for the business and also have decision-making capacity within the business are critical participants. This is most often C-level leaders or members of the executive leadership team. Interaction with operations and facilities personnel can be tremendously helpful (when and if these roles exist). Depending on the nature of the business goals, other staff may be asked to participate (often times in a limited capacity) as well.
+How much will I save?
Savings are proportionate to the number of measures acted upon that move you off of your baseline. It is not uncommon for our virtual energy manager to create 20-40% utility savings for businesses that have not used energy monitoring devices or pursued energy conservation or renewable generation measures in the past. While rare, 40%+ savings is not unheard of!
+We've done some energy projects in the past... what makes your platform different?
First off, congratulations on managing your energy! Well done. Correlate’s core differentiation is that there is no up-front cost for use of the platform. We deploy machine based energy decision support tools, data infrastructure, and expertise and then pair this to proven energy management frameworks. While doing this, your virtual energy manager sits on the customer side of the table, agnostic to specific technologies or vendors, centered on a performance based fee model. Therefore, the platform doesn't need to disrupt current vendor relationships and infrastructure. This creates a comfortable space for you to engage and become aware of your options and their materiality.
+Can you support my Title 24 efforts?
Likely, yes. Please contact us.