Cost of products and network integration

1. Consider the Costs

2. Consider the Benefits

Cost of installation - Installing the solution yourself - Requesting installation from the provider - It’s an additional cost, but ensures the job is done right!

Important metrics to look at - Simple payback period - Total installed cost / Estimated total annual savings * 12 = x months - Annual energy savings - Rate of return on your capital investment - Cost of doing nothing

Energy consumption by device - Every device in your facility uses different amounts of energy. What devices would be a part of your smart plug deployment?

Operation schedule - Your energy savings depend on the number of weekly hours devices are turned off.

Energy rate

Operations savings - Internal labor - Enhanced equipment life

Total installed cost = cost of all products + installation costs - any utility incentives

Utility incentives

Energy savings

Factors that help to estimate what you could save:

Operational costs

3. Consider financing and shared savings programs

The Financial Considerationsfor Smart Plug Deployment

12 = X Months