- kWh Tariff Report by day, week, month and user defined period
- kWh Target Report
- kWh Trend Report
- Consumption Breakdown Report
- EnPI Report by hour, day, week, month and user defined period
- EnPI Target Report
- EnPI Trend Report
- Specific Energy Consumption Report
- Electricity Consumption Report
- Installation Parameters and Performance Targets including “Installation Parameters”, “kWh Target”, “EnPI Target” and “Production Quantity” can be set by hour, day, week and month.
Benefits / Advantages of IoTWatt Energy AI
- No software investment required as IoTWatt Energy AI is based on subscription model… pay for what you use and what you need… if it works as you want it to be!
- Always UP warranty, any faulty component is replaced immediately to ensure maximum uptime and removes the need for repairs / recovery.
- Automatic output of required reports and alerts via email and sms.
- Full customization to meet your requirements.
- Future ready for EECA compliance.
- IoT based technology, easily scalable and integrated with other platforms / systems.
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WHAT IS EECA, ENERGY EFFICIENCY AND CONSERVATION ACT
When enacted, the Energy Efficiency and Conservation Act (EECA) will regulate industrial and commercial users that consume 21,600 gigajoules of energy per annum — equivalent to RM2.4 million in annual electricity bills, or RM1 million in natural gas bills. Compliance is estimated to reduce electricity bills by up to 25%.
The EECA is set to cover 1,500 out of 27,000 industrial consumers, representing 70% to 80% of industrial consumption, as well as 500 out of 1.7 million commercial consumers making up 21% of commercial segment consumption.
It also requires compliance by office buildings measuring 8,000 sq m and above to meet at least a two-star rating under the National Building Energy Label requiring building energy intensity of at least below 250 kilowatt-hour/sq m per annum.
Currently, 300 government buildings comply with the requirements. The EECA will also eventually cover hotels and hospitals after future engagements by the ministry, with an estimated 4,102 buildings to be covered under the law.
The EECA will be enforced 12 months after it is gazetted, when then consumers have to conduct the first energy audit.
Subsequently, consumers will have a five-year period (one cycle) to meet compliance requirements, and will be levied with a penalty for non-compliance after the second audit.
Penalties range from RM20,000 to RM100,000.
The average compliance cost — covering the appointment of a registered energy manager, implementation of energy management, and energy audits — for one cycle (five years) stands at RM120,000 a year for affected industrial users, and RM100,000 for commercial users.
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Malaysia
