Powerit Solutions

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Powerit Solutions Newsroom

"Powerit is uniquely positioned in the industrial automation market as the last mile linking facilities to the smart grid, so they can tap into savings and ever more sophisticated demand management strategies."

Rob Day
Black Coral Capital


Company Profile

Powerit Solutions at a Glance

Incorporated in the U.S.:  2006

Focus: connecting energy-intensive businesses to the smart grid so they can reduce electricity costs and meet corporate sustainability goals

Products: Spara DM™ advanced energy demand management system, Spara Hub™ cloud application, Spara Demand Diagnostics analytical tool

Headquarters: Seattle

Media Contact:
Sarah Grolnic-McClurg
Thinkshift Communications/Pounce PR
510-898-1837
sarah[at]pounce-pr[dot]com  

Powerit Solutions is an international energy management technology company based in Seattle. We are working to make the smart grid real, profitable, and effortless for utilities and energy-intensive businesses worldwide.

Technology

Powerit’s Spara technology links industrial facilities with the smart grid so customers can control energy use for savings and sustainability.

Spara DM™, an advanced energy demand management system, goes beyond typical energy management systems by not just monitoring energy demand but actively controlling it. This allows energy-intensive companies to cope with volatile and increasing energy prices and to profit from utility initiatives, such as demand response programs, to reduce stress on the grid. Many of these programs require participants to take action frequently and with extremely short notice, making automated response technology like Spara DM essential.

Spara Hub™ takes Powerit’s energy demand management technology into the cloud, enabling advanced analysis, remote management, an enterprise-wide view of energy usage and savings, up-to-date energy pricing data, and real-time connections to smart grid programs.

See the products section for details.

Recognized expertise

Powerit’s expertise in automating quick responses with minimal impact on facility processes is unmatched within the industrial sector. Given macro trends toward rising energy prices and volatility, and growing pressure on utilities to stabilize the grid, integrate renewable sources, and reduce peak demand, Powerit’s expertise is increasingly sought out by energy-intensive businesses, industrial technology and automation manufacturers and distributors, aggregators, and others addressing demand management.

In 2012 and 2009, the Cleantech Group recognized Powerit as one of the world’s top 100 private cleantech firms in a peer-reviewed list. In 2011 and 2010, Powerit made Deloitte’s Technology Fast 500™ list. In 2012 and 2010, Smart Grid News selected Powerit for its annual “Companies to Watch” list. And ConnectivityWeek recognized Powerit several times with its Buildy Award, including an award for Powerit’s work with the Demand Response Research Center at Lawrence Berkeley National Laboratory on integrating the OpenADR standard at Amy’s Kitchen of Petaluma, California.

Sustainability

Spara technology enables businesses to cut peak power use through demand control and participate in the most sophisticated demand response initiatives, both of which reduce stress on the grid, helping to eliminate the need to build new power plants.

In a scenario modeled by the Federal Energy Regulatory Commission (“A National Assessment of Demand Response Potential,” June 2009), full participation in demand response programs could alleviate the need to build some 2,000 peaking power plants, thanks to the mitigation of 188 GW of peak demand. Demand response programs may also ease the integration of intermittent renewable power sources such as solar and wind into the grid.

Customers and Results

Powerit technology controls energy use at industrial facilities in North America and commercial buildings in Europe. Users span an array of sectors, such as metals processing, food and beverage, plastics, wood and paper, printing and publishing, retail, and general manufacturing. Customers include Amy’s Kitchen, E. & J. Gallo Winery, Four Star Fruit, Frito-Lay, Mission Produce, Pacific Alloy Casting, Donsco, and Rochester Metal Products.

Customers typically shave 10 to 30 percent off their monthly demand charges and earn money from utility incentive programs. See the case studies page for details on customer experiences and results.

Company history

Powerit’s technology originated in Sweden, where demand charges are punishingly high. Engineers associated with Lund University developed the first-generation technology in 1994. Powerit incorporated in the U.S. in 2006, with headquarters in Seattle, and closed its first round of institutional funding in 2007. The company maintains European operations in Malmö, Sweden.