Tantalus Acquires Demand Management Company Energate to Expand Smart Grid Applications Portfolio
Energate’s interactive demand management solutions enable Tantalus to further enhance market-leading edge-computing smart grid platform
RALEIGH, N.C. – August 23, 2017 – Tantalus Systems, a leading provider of smart grid solutions for electric and multi-commodity utilities, announced today that it completed the acquisition of Energate, Inc., a leader in interactive demand management solutions. The acquisition expands Tantalus’ smart grid application portfolio to include a comprehensive solution which empowers utilities and energy service providers to control load at the edge of the distribution network.
“Incorporating Energate’s advanced demand management solutions into Tantalus’ product portfolio represents an exciting step towards delivering our vision to assist utilities improve their profitability, reliability and operating efficiency,” said Peter Londa, President & CEO for Tantalus. “This transaction accelerates our growth trajectory by expanding Tantalus’ total addressable market opportunity with a proven and differentiated solution that is being deployed at some of the largest IOUs, cooperative and municipal utilities across North America. Together, we provide a more compelling offer that is truly capable of delivering on the promise of smart grid.”
Tantalus’ edge computing capabilities deliver valuable, granular, interval data from an electric utility’s network. By integrating detailed insights into energy consumption from large appliances in homes and buildings, Tantalus can assist utilities with mitigating imbalances between supply and demand, shift peak load and utilize dynamic rate structures through advanced programs. Utilities can also deliver increased value to their customers by offering load control devices and a comprehensive customer portal to educate and empower home owners, business owners and landlords to become smarter consumers of electricity. The interrelated data available through the combined solution will provide utilities with a precise understanding of the energy demands and use patterns of specific devices within any home or building.
“By combining forces and leveraging Tantalus’ resources and financial strength, we can accelerate the growth of our organization. Together, we provide a more compelling offer that is truly capable of delivering on the promise of smart grid,” said Steve Dodds, CEO of Energate, Inc. “Over the past several years, we made significant progress in deploying our latest load control switch with four relays to complement our Zigbee/WiFi enabled smart thermostat and overall solution.”
With over 130 utilities in North America and the Caribbean basin, Tantalus continues to expand its market share as well as its smart grid application portfolio. Energate’s 50 utility and energy service providers bring new market segments into the Tantalus fold. All existing Tantalus and Energate customers will continue to receive ongoing support, continued access to solutions and products including upcoming enhancements and current project commitments. The companies will remain fully committed to supporting its combined customer base of municipal, cooperative, investor owned utilities and energy service providers by delivering long-term value through cutting edge technology and market-leading solutions.
Tantalus provides TUNet® – the Tantalus Utility Network – which is an award winning end-to-end communications platform utilizing IP-based networks including Fiber, WiMAX and cellular as well as 220 & 900 MHz wireless RF. TUNet is purpose built for the Smart Grid and unites utility applications through distributed, Linux-based edge computing capability at every endpoint. The result is enhanced value across all utility departments through integrated solutions such as AMI, outage management, power quality monitoring, load management, smart thermostats, smart plugs and distribution grid optimization that are both cost-effective and practical to deploy throughout urban and rural service areas. For more information, please visit www.tantalus.com.
Energate to Supply ZigBee Load Switches For Home Energy Management Program to West Coast Utility
Energate’s LC2200 Two-way Communicating Direct Load Control Devices Enable Next-Generation Energy Management
OTTAWA – June 13, 2017 – Energate Inc., the leader in ZigBee SEP interactive energy management solutions that enable the Utility Internet of Things (IoT) next-generation energy management and the connected home, will supply Pacific Gas and Electric Company (PG&E) with load control switches for the next phase of the company’s SmartAC™ program.
Energate will deliver its LC2200 load switches using the secure ZigBee Smart Energy Profile providing two-way communications via PG&E’s existing ZigBee enabled meters. The LC2200 delivers both control and insight into load shedding events and is a significant advancement of Demand Response and Direct Load Control technologies.
The LC2200 includes advanced internal sensing to capture real-time information including LC2200 availability, load running status, event execution, and relay status. Knowing the availability and operating status of loads captures the full value of demand response resources that utilities and independent system operators are increasingly relying on to cost effectively manage the balance between generation and load.
“Energate’s compact LC2200 load switches are easy to install and the ability to test on site prior to installation confirms connectivity and avoids wasted time,” said Doug Dycus, GoodCents Northern California Operations Manager. “Energate actively sought our input when they were developing the LC2200 to guarantee that it was easy to install and commission cost-effectively.”
The LC2200 incorporates Energate’s patent pending OptiCycle™ technology, assuring each load is reduced fairly and proportionally, minimizing the overall impact on comfort for all participants. The easy-to-install LC2200 has an integrated junction box, options for control of both low voltage and line voltage circuits, ability to control up to four loads, and power measurement options. In addition, for the consumer it can be scheduled for energy efficiency, and respond directly to electricity price to save money.
“Energate has developed strong relationships with its utility customers and is very pleased to be providing the LC2200 load switches to PG&E for its SmartAC program,” said Steve Dodds, Energate’s CEO. “This reflects well on Energate’s capabilities and expertise. The LC2000 suite of load switches is very cost effective, and is proving to be the most versatile load switch option on the market.”
Energate Inc. provides interactive energy management solutions that enable next-generation energy management and the connected home. Energate’s vertically integrated Consumer Connected Demand Response™ platform provides management of two-way communication and demand response events through a flexible solution that includes devices, middleware, and applications. Energate’s Internet of Things solution is an interoperable architecture that has been proven in the homes of many North American utilities’ customers.
Customer Opt-in Dynamic Pricing (CODP)
Dynamic pricing is an innovative way to create a win-win situation for customers and the electricity grid, offering an alternative to the traditional Time-of-Use (TOU) model.
Ottawa-based energy solutions company, Energate Inc., worked with Ontario utility, Alectra Inc. (formerly PowerStream), to develop the Customer Opt-in Dynamic Pricing (CODP) program.
The program was marketed to 1,000 participants as Advantage Power Pricing (APP) a technology enabled dynamic pricing program for residential customers. By encouraging customers to shift demand to off-peak periods, it continues to provide savings to both the grid and to customers.
Participants were provided with an Energate Foundation Smart Thermostat that automatically responds to price signals based on customer preferences. The thermostat pre-heats or pre-cools the home in advance of and conserves during peak price periods. This helps to minimize electricity use during high-priced periods. The program featured an aggressive price schedule with rates as high as 60 cents per kWh, and yet was very popular with participants
who appreciated both the significant savings and the technology they received.
With support from the Ontario Ministry of Energy’s Smart Grid Fund, Energate’s project tested the potential of dynamic electricity pricing. For customers, value was created through reduced electricity bills, and for the smart grid through interactive demand response.
Read the complete story: Customer Opt-in Dynamic Pricing
Consumer Engagement for the Smart Grid (CESG)
As Ontario’s power grid becomes smarter, many Local Distribution Companies (LDCs) are looking for ways to incentivise residential customers to reduce energy consumption.
Ottawa-based energy solutions company, Energate, has developed an end-to-end solution that allows consumers to take control of their energy consumption while helping utilities improve performance.
With the support of Ontario’s Ministry of Energy, and funded in part by Ontario’s Smart Grid Fund, six Ontario LDCs partnered with Energate to deploy their solution into 733 homes across the province.
The 36-month project then measured consumer engagement with the new Smart Grid technologies over a variety of communication paths: pager, broadband, and Advanced Metering Infrastructure (AMI).
Since then, over ten Ontario LDCs have adopted Energate’s solution and active projects are currently taking place in Texas, Chicago, and California.
Read the full story: Consumer Engagement for the Smart Grid