Arcadia Case Studies Leveraging IoT for Accurate Electricity Cost Modelling and Greener Buildings: A Case Study of Station A

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	Leveraging IoT for Accurate Electricity Cost Modelling and Greener Buildings: A Case Study of Station A Arcadia

Leveraging IoT for Accurate Electricity Cost Modelling and Greener Buildings: A Case Study of Station A

Arcadia

Technology Category	Other - Battery Sensors - Utility Meters
Applicable Industries	Buildings Retail
Use Cases	Building Automation & Control Usage-Based Insurance
Services	System Integration
Challenge	Station A, a predictive platform and clean energy marketplace, was facing a significant challenge in promoting the adoption of sustainable energy. The problem was twofold. Firstly, potential customers were often overwhelmed by the complexity of determining the financial viability of sustainable energy solutions, leading to a state of 'analysis paralysis.' Secondly, Station A needed access to large-scale energy data and specific electricity data at the building level to accurately model savings for property owners. The lack of such data was hindering their ability to effectively engage with potential customers and demonstrate the financial and environmental benefits of transitioning to cleaner energy solutions. Read More
About Customer	Station A is a predictive platform and clean energy marketplace that helps property owners transition to net-zero energy consumption. The company collects and synthesizes geospatial, environmental, and financial data for commercial and residential properties. It shows property owners the potential financial and carbon savings they stand to gain from cleaner energy and determines which sustainability solutions will work best. Station A then connects property owners to solar, battery, and EV charging providers. Since 2016, Station A has identified over 750,000 commercial buildings in the US that would see financial returns from transitioning to clean energy. Read More
Solution	Station A adopted Signal, part of Arcadia's industry-leading data platform, Arc. Signal tracks the current electricity market and hourly retail pricing, modeling electricity costs across residential and commercial applications. It captures tariff structure and combines it with usage data to provide accurate calculations across over 95% of utility tariffs in North America. This allows Station A to model the cost of any energy usage scenario and identify ways to lower those costs. Using the Signal API, Station A pre-qualified 1 million buildings across the country, producing sustainability report cards for each. These report cards, indexed on Google, provide property specifications and value estimates alongside a sustainability grade. If a building owner wants to improve their grade or be more energy-efficient, Station A can recommend sustainable, cost-effective changes like incorporating rooftop solar, community solar, or EV charging solutions. Read More Log in to view content
Contents

Technology Category

Other - Battery

Sensors - Utility Meters

Applicable Industries

Buildings

Retail

Use Cases

Building Automation & Control

Usage-Based Insurance

Services

System Integration

Challenge

Station A, a predictive platform and clean energy marketplace, was facing a significant challenge in promoting the adoption of sustainable energy. The problem was twofold. Firstly, potential customers were often overwhelmed by the complexity of determining the financial viability of sustainable energy solutions, leading to a state of 'analysis paralysis.' Secondly, Station A needed access to large-scale energy data and specific electricity data at the building level to accurately model savings for property owners. The lack of such data was hindering their ability to effectively engage with potential customers and demonstrate the financial and environmental benefits of transitioning to cleaner energy solutions.

About Customer

Station A is a predictive platform and clean energy marketplace that helps property owners transition to net-zero energy consumption. The company collects and synthesizes geospatial, environmental, and financial data for commercial and residential properties. It shows property owners the potential financial and carbon savings they stand to gain from cleaner energy and determines which sustainability solutions will work best. Station A then connects property owners to solar, battery, and EV charging providers. Since 2016, Station A has identified over 750,000 commercial buildings in the US that would see financial returns from transitioning to clean energy.

Solution

Station A adopted Signal, part of Arcadia's industry-leading data platform, Arc. Signal tracks the current electricity market and hourly retail pricing, modeling electricity costs across residential and commercial applications. It captures tariff structure and combines it with usage data to provide accurate calculations across over 95% of utility tariffs in North America. This allows Station A to model the cost of any energy usage scenario and identify ways to lower those costs. Using the Signal API, Station A pre-qualified 1 million buildings across the country, producing sustainability report cards for each. These report cards, indexed on Google, provide property specifications and value estimates alongside a sustainability grade. If a building owner wants to improve their grade or be more energy-efficient, Station A can recommend sustainable, cost-effective changes like incorporating rooftop solar, community solar, or EV charging solutions.

Impact #1	The adoption of Signal has significantly enhanced Station A's operational efficiency and effectiveness. With access to accurate and comprehensive energy data, Station A can now start a conversation with any building owner in the country using just an address. It can scale that analysis across hundreds of thousands of buildings and identify those with the highest electricity bill and therefore the best savings potential through different clean energy solutions. This has not only improved their customer engagement but also catapulted their business forward by enabling them to target the most promising opportunities for promoting clean energy solutions.

Impact #1

The adoption of Signal has significantly enhanced Station A's operational efficiency and effectiveness. With access to accurate and comprehensive energy data, Station A can now start a conversation with any building owner in the country using just an address. It can scale that analysis across hundreds of thousands of buildings and identify those with the highest electricity bill and therefore the best savings potential through different clean energy solutions. This has not only improved their customer engagement but also catapulted their business forward by enabling them to target the most promising opportunities for promoting clean energy solutions.

Benefit #1	Identified over 750,000 commercial buildings in the US that would see financial returns from transitioning to clean energy
Benefit #2	Equivalent to 198 GW of clean energy and $206 trillion in project CAPEX
Benefit #3	Pre-qualified 1 million buildings across the country for sustainability report cards

Benefit #1

Identified over 750,000 commercial buildings in the US that would see financial returns from transitioning to clean energy

Benefit #2

Equivalent to 198 GW of clean energy and $206 trillion in project CAPEX

Benefit #3

Pre-qualified 1 million buildings across the country for sustainability report cards

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Overview

Leveraging IoT for Accurate Electricity Cost Modelling and Greener Buildings: A Case Study of Station A

Operational Impact

Quantitative Benefit