At Wattics, we are always looking to improve your experience using our cloud-based energy analytics software, to make your energy management simpler, better and more efficient. Your feedback as a partner is invaluable in specifying the new features that are developed and deployed in the Wattics dashboard. We have recently released a few more key features to enrich your energy analysis and deliver new insights.
- New operators
In September, we released the Formula Composer, which allows you to create formula-based meters by doing operations and conditions across real meters, data points and any numeric value, using operators such as +, -, /, *, ^, <, >, =, and, or, if-then-else etc.
Today, we are excited to officially announce a new addition to Formula Composer, namely the X-axis, which greatly extends the functionality of the tool, allowing you to very simply analyse different data sets to quickly determine how closely they are related/determine the impact of one variable on another eg. kWh consumption vs production.
The X and Y axes can be used to compare variables and find the correlation factor.
Figure 1: Correlation between two variables using X and Y axes
Once you have chosen the data sets that you want to compare/find the correlation for, the Formula Composer will generate a formula, representing the correlation or relationship between the chosen variables, which can be used to compare against baseline measurements for monitoring, alerts and notifications.
Figure 2: Regression formula and correlation factor in Formula Composer
Why is this important?
- Verify the regression model of your energy efficiency projects in the M&V tool
- Model future consumption patterns based on current and new baseline measurements
- Create formula meters to monitor specific events
- Eliminates the need to export data to Excel to do manual analysis in order to establish correlation factors and regression formulas
- Select from up to four orders of regression 1, 2, 3, 4
- View data in stack chart, spline chart or column chart
- Export data directly from the dashboard
- X-axis – time is the default
- New operators (more than 20 available) – with additional operators to follow
The X-axis is particularly useful for sub-metering, where it can be used to establish the kWh consumption and cost for each sub-metered area or piece of equipment, allowing building owners and facility managers to verify bills received by their utility as well as establish the largest power users for further energy efficiency actions/implementations. Furthermore, with time as default, energy managers of manufacturing companies, could, for example, optimise production by incorporating external variables such as Heating Degree Days (HDD) and Cooling Degree Days (CDD) to turn off non-critical equipment, eliminate inefficient processes/actions, and gather deeper insight into operations for further optimisation.
Other improvements in the Wattics dashboard
CSV files upload via FTP
We have improved our CSV uploader, making it easier to pinpoint errors eg. wrong file format when sending your data via File Transfer Protocol (FTP). This helps to ensure that you have all your data readings on your dashboard.
When you log into your dashboard and navigate to the data tab, you will see a new and improved interface for the upload of CSV and Greenbutton XML files and faster processing.
Utility Bill Reports
When exporting your bill reports, you now have the option to show the breakdown of costs per meter. This is especially useful for beneficial for multi-tenant buildings. See below:
Multi-year View In Breakdown Tab
Once you have uploaded your historical data you can better compare data sets/monitored points and identify trends. We have added a multi-year view in the control panel in the dashboard for a high-level trend report to view and compare consumption/costs across multiple years.
Wattics’ newly released ‘Embedded Pages’ tool allows you to view and share energy efficiency tips with customers, add another portal related to existing services, check electricity price overview websites, Wikipedia articles, tutorial videos and any additional content which brings additional value to customers. This tool allows you to view useful web pages alongside your data analysis in the Wattics dashboard, without constantly having to open a new tab.
Prior to recent improvements, the operations analyser was somewhat limited in that it was primarily used for modelling on/off scheduling.
Now it allows users to model reduction of consumption at a particular time of the day/night throughout a weekly schedule. It allows users to model real-world energy reductions such as changing to LED lighting, changing equipment schedules, installing solar panels etc. Energy reductions can now be applied with a factor from 1 to 100%.
We hope that you are excited to try out this new feature and once more, elevate your energy management service for your customers.
To know more about these tools and other features of the Wattics energy analytics platform, simply send us a request below: