Energy Solutions Overview
Today, more than ever, effective energy management is a critical issue towards the success of any business. Radiant Energy provides energy solutions and sustainability services to organizations in various industries that contribute towards organizational success. Radiant Energy leverages its experience leading global companies towards developing cost-effective and sustainable energy solutions for current and future clients. Radiant Energy challenges stagnant energy practices, while promoting sustainability issues, both strategically and socially, while ensuring that all decisions support the financial and operational integrity of your business. We’re creative thinkers with unparalleled experience and we have a passion for developing and implementing sustainable, financially-sound energy solutions for our clients.
Our mission is to be your independent and unbiased advocate and agent, always focused on the best interests of your company. Our integrated energy management solutions combine products, services and software that will significantly improve your organization’s bottom line. Years of success and experience help us craft strategic energy solutions that are both, efficient, effective and profitable.
Energy Supply Solutions
Energy Procurement Solutions
Energy Procurement Solutions
Energy Procurement Solutions
The wrong energy procurement decisions can be costly. Energy prices are constantly fluctuating, which can significantly affect your energy expenses and your budget. With a strategic approach to buying energy, you can better identify a budget and control your costs. By partnering with Radiant Energy, we can guide you through an energy procurement strategy that matches your risk profile and provides the best value for you.
Radiant Energy has a network of qualified suppliers that undergo service, financial health and quality screenings to ensure we find the right energy supplier for your business. Our network of clients allows us to negotiate better pricing and contract terms than a customer buying alone would be offered. As your energy partner, we present transparent analysis and information so you can make a clear and informed decision for your company.
Our market experts intently monitor market dynamics and forecasting trends to identify the best possible purchase opportunities.
The Process
Radiant reviews your historical invoices and energy supply agreements to detect current purchasing options. This initial examination is vital to forming the best approach for you. During this review we may find errors which we can communicate in attempts to collect any overpaid charges.
Once we have determined the opportunities available and a risk profile aligned with your company’s goals, we’ll submit an RFP to the network of suppliers in your service region. Our online procurement model simplifies the RFP process, obtaining accurate, timely and competitive pricing bids. Our energy procurement experts review all of the submissions, evaluating key elements before presenting you with the options and our recommendations. When your company approves the recommendation, Radiant will finalize the transactional process and provide completed legal documentation.
Ongoing Support
We provide clear and transparent information throughout the entire process to empower companies with informed and confident energy buying decisions. During the term of your energy supply agreement, your dedicated energy specialist is available to discuss and address any concerns. We’ll provide data and budget analysis to monitor performance targets.
Risk Management Solutions
Risk Management Solutions
Risk Management Solutions
Radiant Energy can improve your company’s ability to mitigate unwanted exposure to volatile energy prices by crafting a formalized risk strategy, aligned with your goals and tolerances.
Managing risk with a Radiant Energy risk strategy allows you to:
o Establish a game plan for taking positions in the market
o Build a customized risk profile that can be changed during different terms
o Warrant specific energy decisions
o Support financial and company objectives
Our energy experts work closely with the appropriate stakeholders at your organization to understand how ‘risk accepting’ or ‘risk averse’ they view the company. We compile these individual positions to arrive at your organization’s collective Risk Profile, which serves as the foundation for your risk strategy.
A strategy is only as strong as its implementation. Contact Radiant Energy to plan your energy risk management program.
Energy Tax Solutions
Energy Tax Solutions
Energy Tax Solutions
In many different energy landscapes there’s certain energy tax savings available to specific types of customers. Energy related tax exemptions can bring significant savings, but determining relevant exemptions involves extensive understanding of very specific operational and industry details. For example: A school may be tax exempt on their energy expenses but a for-profit business may also be eligible for energy tax savings based on their industry and business practice.
Radiant Energy can help your company determine your energy tax benefits. If your business does qualify for an exemption, we will obtain necessary data and help complete any documents required. We can monitor the invoices on an on-going basis after to ensure accuracy.
Radiant Energy determines energy tax eligibility by examining factors, such as:
• Facility location and energy sources used
• Building size and layout
• Energy load intensity
• Commodity usage
• Service or product industry
Energy Contract Review
Energy Contract Review
Energy Contract Review
Energy contracts can be inundated with industry terms and calculations that are challenging and can cause serious implications if they’re not addressed. Radiant Energy can significantly improve your company’s experience and position with energy contract negotiations. Energy supply contracts are written to shield the energy supplier from risk at the expense of the consumer. Radiant Energy doesn’t accept a supplier’s standard contract. We negotiate a balanced agreement with bilateral terms. Whether you require specific payment terms, liquidation criteria or performance guarantees, Radiant leverages its supplier relationships to obtain the best terms for your company.
Drawn out negotiations waste time and compromise savings. Our effective and efficient approach ensures we capitalize on the energy rates and savings anticipated. Energy supply agreements contain foreign, mysterious terms and conditions that create difficulties with contract execution. With our leverage and experience of industry practice, we work with your legal department through the entire process to increase success and reduce time obligations.
Utility Rate Analysis
Utility Rate Analysis
Utility Rate Analysis
It is a common misconception that there are no energy service options in regulated utility markets for consumers. In fact, there’s several options available but it may depend on the industry or product your company provides, specific locations within the region and other rate options. Interstate pipeline or transmission rates can often vary by utility area. Utility tariff rates can impact certain clients unbeknownst to them without the right energy management partner to guide them. Radiant Energy’s experts can perform utility rate analysis to determine specific location impacts on your operations.
Energy Data Solutions
Energy Invoice Solutions
Energy Invoice Solutions
Energy Invoice Solutions
Energy Data Solutions
Detailed and organized data is key to understanding your energy and sustainability decisions. Using incorrect energy data that is unverified to make choices can be expensive. Without verifying invoices for accuracy, you may be making payment on energy bills with errors causing cash-flow concerns.
Organizing and auditing each different component for every invoice can be a logistical nightmare, especially for a company with a sizeable portfolio.
Radiant Energy can alleviate these concerns and provide energy data solutions to help by:
• Streamlining every area of energy data and invoice gathering
• Proactively catch any errors, eliminating fees and preventing cash-flow issues
• Document usage and load data for commodities purchasing and performance verification
• Collect the information required for documenting environmental and carbon reporting
• Reduce time and efforts spent on retroactively solving billing errors
• Organizing data for audit and budget reporting purposes
Invoice Management
Upon discovery of any billing errors our energy solutions experts will immediately resolve the issue on your behalf. As your energy partner, Radiant works to prevent errors from recurring by communicating with utilities and energy suppliers to ensure resolution.
• Pinpoint energy cost savings opportunities
• Remove wasted time having to find and correct billing errors
• Assure quality energy supplier conduct
• Review accurate information for ongoing sustainability efforts
Data Solutions, Energy Control
Radiant Energy brings visibility and savings to your energy program with our energy data solutions. Make more informed energy management decisions with thorough invoice data solutions. Contact us to learn how.
Energy Star Management
Energy Star Management
ENERGY STAR Management
Energy Star Portfolio is a tool used by many commercial building groups. More often than not, it’s by requirement that many participate. The program is meant to help understand your building’s performance but it can certainly be difficult. Our energy experts can help you take control of your building’s performance management using the Energy Star Portfolio for you by inputting data and tracking changes so you don’t have to. Radiant Energy recognizes the various time consuming tasks. Our energy solutions experts will manage your Energy Star Portfolio and communicate any changes or other important information you should know.
Energy Budget Solutions
Energy Budget Solutions
Energy Budget Solutions
Energy budgets play an important role to forecasting costs but developing one is difficult and time consuming. Anticipating a future energy budget is much more complex than simply applying a standard increase for costs and increased consumptions. Effective energy budgets consider existing and forecasted rates, market volatility, industry changes, weatherized data, and operational changes.
Radiant Energy can develop an energy budget to allow your company to more accurately allocate funds for future energy expenses. Our experts save your company time by performing the necessary research and provide value by estimating the energy expenses for each location in your company’s portfolio.
A Radiant Energy Budget
Total Energy Budget Control: Radiant Energy creates individual budgets for each site which can be easily aggregated to form corporate profile, regional areas or however you want to see it. Your business can facility costs with an easy-to-understand budget and control to help improve operations.
Analytics: When our team of analysts craft a budget, we examine numerous factors including current and forecasted rates, market volatility, industry changes, weatherized data, and operational changes. Through these intense measures we can determine a more intelligent budget for future energy costs.
Educated Experience: We are constantly involved with scrutinizing and observing these components in our daily energy operations. This combined with our expertise and experience allow us to model and estimate your company’s exposure to the volatile energy market.
Radiant Energy provides detailed energy budgets to help your company plan for energy costs at both the site and corporate levels. Want to learn more or need to put together a budget? Contact us today.
Energy Rate Analysis
Energy Rate Analysis
Energy Rate Analysis
Energy rate analysis is typically performed with energy procurement solutions due to the significant effect it has on an energy supply agreement. No one rate is typically ever the same. Because our energy industry has expanded, there are more components to an energy rate than ever before and they change frequently. Any misunderstanding while performing rate comparisons can be a costly mistake. Our experts are continuously aware of different rate products and changes in their respective market responsibilities making them experts in helping your company analyze the rate options most suitable for your business.
Energy Reviews
Energy Reviews
Energy Review Solutions
In a new world where energy has evolved, consumers are faced with more choices than ever and it’s not going to stop anytime soon. Renewable and sustainable energy solutions are in more demand and becoming more cost efficient for companies to invest in. The only issue now is the number of choices available and understanding which is right for your company. Which energy resources are available? Which applications and services will this energy source provide? What are the local policies for the sustainable energy you wish to use? What is the environmental and sustainability impact? These are all great questions that require much effort to finding the right answers specific to your industry and facility’s location. Radiant Energy’s sustainability experts can help find the right solutions you’re looking for with a financial sensible mindset.
Energy Sustainability Solutions
Energy Sustainability Solutions
Energy Sustainability Solutions
Energy Sustainability Solutions
Sustainable energy is growing rapidly and so is the demand for more of it. Our customers, business partners and investors, all have interest in our sustainability strategies. Sustainable energy solutions can be found and created in many different ways and don’t always have longer investment return periods. Radiant Energy’s experience in sustainable energy solutions can help guide you to the development and implementation of your next sustainability plan. Find out more about the work we’ve done and how we can help you.
Corporate Sustainability Solutions
Corporate Sustainability Solutions
Corporate Sustainability Solutions
Sustainable energy is no doubt the future of our energy needs. Our customers, business partners and investors, all have interest in our sustainability strategies. Companies are under pressure to cultivate a corporate responsibility to a sustainable strategy. Successful sustainability programs must follow thorough and actionable strategies. Many companies find integrating the distinct perspectives of multiple departments and stakeholders, challenging.
Companies of all sizes and industries have sought out the leadership and guidance of Radiant Energy’s tailored sustainability solutions. Our sustainability experts build a sustainability roadmap to learn about your company’s interests and operations to craft the best corporate sustainability program for you.
Radiant Energy works closely with its clients to brand and market the company’s corporate sustainability initiative. The creative sustainability professionals at Radiant have constructed first-ever corporate sustainability cultures that have won awards around the globe.
LEED Certification Solutions
LEED Certification Solutions
LEED Certification Solutions
Whether you’re developing a new construction project or retrofitting a current building to become LEED certified, it’s a long and painstaking process. The registration, different stages and final certification can be time consuming and pricey without the proper steps. There’s a significant amount of consideration to be made when making the decision between the different LEED certifications. Radiant Energy conducts continuous market research on the different LEED building opportunities, incentives and overall financial analysis.
Green Energy
Green Energy
Green Energy
Green energy has many interpretations to people everywhere. Truthfully, most of them have the right idea supporting their definition. Radiant Energy helps companies understand the value and investments to various efficiency projects. We provide clear direction and understanding enabling your company to:
• Save energy and money
• Build a coordinated plan to reduce energy waste
• Implement efficiency programs across multiple facilities
• Better understand energy consumption and costs at your facilities
• Target energy cost reduction opportunities
• Create a more energy efficient building
Energy Credits
Energy Credits
Energy Credits
Government agencies, utilities and others offer a variety of tax credits, rebates and other incentives to support energy efficiency, encourage the use of renewable energy sources, and support efforts to conserve energy and lessen pollution. Nationally available rebates, federal tax credits and savings may be available to you or your business.
A Renewable Energy Certificate (REC), also known as a Green Energy Credit, is created for each megawatt-hour (1 MWh, or 1,000 kilowatt-hours) of renewable electricity generated and delivered to the power grid. Green energy credits represent the legal rights to the environmental benefits associated with the generation of renewable energy. Green energy credits are purchased by a number of different entities for several reasons:
• Utilities and Load Serving Entities purchase renewable energy credits so they can offer their residential and commercial customers green power through voluntary programs.
• Businesses, government agencies, and nonprofits purchase renewable energy credits in order to take responsibility for the environmental impact of their energy use and make their operations, products, and services more sustainable.
• Green building professionals purchase renewable energy credits to mitigate the environmental impact of the electricity used in their buildings, helping them qualify for points under the LEED Green Power Credit.
Radiant Energy can help find and facilitate the sale of green energy credits to achieve the highest possible price for our clients.
Energy Operations Solutions
Energy Operations Solutions
Energy Operations Solutions
Energy Operations Solutions
Radiant Energy offers energy operations solutions for large scale energy users. With unique processes, advanced submetering and communication software allows Radiant to help facility personnel analyze consumption data for each aspect of their operations. Our operations solutions allow electric, water, gas, steam, BTU’s and other parameters to be factored into our facility energy profile for management. In addition to identifying poor performers by benchmarking energy levels at multiple facilities we can also target other energy saving opportunities.
Demand Analysis & Load Control
Large users are typically billed high demand rates for an entire month or multiple months even if the demand occurs for only a 15-30 minute period during any given month. The key to avoiding these exorbitant costs is to pinpoint peaks in usage and reduce them. Our analytical data profiling individual or aggregated usage loads will isolate peak usage areas or equipment. Once finding the key peak usage areas we’re able to employ load controlling devices to set high/low thresholds, control loads and reduce energy costs.
Production Run Allocation
Our submetering and data analysis allows us to identify exact energy costs by production line, production run, individual piece of equipment or the entire facility. This data enables manufacturers to accurately assign energy costs to single products or customers, avoiding estimation errors while increasing profits. Manufacturers that produce multiple products can use this data to create accurate costing models and profitable price levels.
Equipment Maintenance
As operational costs increase and budgets are more constrained, avoiding production interruptions and costly equipment replacements are crucial. We can install monitors on key pieces of equipment to monitor usage and identify potential failures. Facility staff can take proactive measures to schedule repairs before the equipment fails, preventing costly and unexpected downtimes.
Energy Benchmarking Solutions
Energy Benchmarking Solutions
Energy Benchmarking Solutions
Benchmarking energy consumption and cost can be very useful in evaluating the efficiency of your operations and facilities. However, most companies don’t have the resources necessary to gather and analyze the relevant energy data.
Radiant Energy can guide your company through the process of energy benchmarking by streamlining the collection, organization and analysis of energy data. Dependably tracking energy usage and spend enables your company to establish accurate and pertinent energy budgets. Historical energy data proves very valuable in forecasting future energy consumption. Energy benchmarking allows your company to:
• Recognize favorable energy efficiency projects
• Track efforts to save energy and costs
• Determine opportunities for energy metering solutions
• Earn and improve your Energy Star rating
• Appeal and attain maximum value from buyers, tenants and lenders
• Budget for energy expenditures with better accuracy
Benchmarking doesn’t have to be complicated. Contact us.
Building Controls
Building Controls
Building Controls
Comfort is the number one complaint in a building. Building controls are designed to control, automate and optimize the building’s system. Building automation systems control the heating, ventilation and air conditioning to improve comfort and increase savings.
Scheduled building automation systems can be programmed to run automatically. With proper combining of the automated management system and asset management software, facilities can extend the lifespan of building systems and reduce costs. Radiant Energy has introduced building controls to many satisfied users. Contact us today to learn more.
Demand Response
Demand Response
Demand Response
Radiant Energy’s expert professionals survey your company’s operations to determine which demand response programs are available to you. Our independent perspective allows your company to transparently assess the risks and rewards associated with demand response.
Radiant Energy can guide your business to a winning demand response program by:
• Identifying the opportunities available for participation at each site
• Comparing and recommending the best program and provider for your objectives
What is Demand Response?
Demand response programs are incentive-based programs that encourage electric power customers to temporarily reduce their demand for power at certain times in exchange for a reduction in their electricity bills. Some demand response programs allow electric power system operators to directly reduce load, while in others, customers retain control.
Customer-controlled reductions in demand may involve actions such as curtailing load, operating onsite generation, or shifting electricity use to another time period. Demand response programs are one type of demand-side management, which also covers broad, less immediate programs such as the promotion of energy-efficient equipment in residential and commercial sectors.
Demand Response seems demanding
Demand Response programs can be used successfully by companies that the program targets with the effective management of demand response. Radiant Energy can help find programs, manage your programs and determine if demand response is right for you. Contact us today.
Energy Storage
Energy Storage
Energy Storage
Energy storage has been well utilized for quite some time. With the energy industry evolving, so has the way we use energy sources. Battery technology has played a key role in the growth of energy storage. Battery storage can hold energy generate by multiple sources to be used in emergency situations, demand response programs or other cost savings methods available. Radiant Energy is a leader in energy storage capabilities, conducting studies and providing storage solutions tailored to individual business needs.
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