Industry Insights
Fort Collins Utilities Reaches Milestone with Itron DEM Program
Itron was recently recognized as a Challenger in the Gartner® Magic Quadrant™ for Managed IoT Connectivity Services, Worldwide report. According to Gartner, “managed IoT connectivity services help reduce complexity when sourcing IoT connectivity and integrating it with devices and cloud IoT deployments across multiple geographies. CIOs building IoT-enabled businesses can use this research to assess global vendors for IoT connectivity-related services.”Fort Collins Utilities, a municipal distribution utility in Colorado, launched the Peak Partners program in June 2014 in partnership with Itron. This summer, just five years after the program launched, the 1,000th Peak Partners conservation event was achieved. Conservation events occur year-round when the utility automatically turns off the elements of electric water heaters and cycles the compressors of participating customers' central air conditioners (May through September) to help balance the region's demand for electricity.1
LinkedIn Live eventIn the report, managed IoT connectivity services are defined by Gartner as “a market that enables connectivity, data collection and analysis, and additional decision services that are necessary for connected solutions.” Vendors are evaluated on their ability to execute and completeness of vison.
The program aims to reduce energy use during costly peak hours when the community’s electric consumption is at its highest. For this
Itron’s recognition in this report underscores our continued dedication to expanding our capabilities, driving innovation through our Intelligent Connectivity networking strategy, furthering our leadership in the industry and increasing the value we provide to our customers. Itron’s globally recognized and proven multi-purpose network platform does exactly that by securely connecting millions of industrial IoT (IIoT) devices for our customers. This platform is adaptable to a variety of use cases for water, electricity, gas and city service providers’ critical needs, making Itron a trusted partner for utilities and smart cities in delivering safer, more efficient and reliable services to their communities. In addition, Itron continues to invest in leading-edge communication technologies, including RF mesh, LTE, Private-LTE and fiber, ensuring top-tier performance and unparalleled reliability. Our future-ready, standards-based platform also enables seamless integration with our diverse ecosystem of Industrial IoT (IIoT) partner solutions, paving the way for innovative solutions that continue to expand the value of our customers’ infrastructure investments.
To get a free copy of the Gartner report, visit Distributed Energy Management (DEM) program, Itron provided field and marketing services, customer care, end-devices and the software platform.
Peak Partners began as a small, voluntary thermostat program designed to reduce air-conditioning use during peak hours by triggering ‘events’ that coordinate air conditioning across the city to prevent them from running all at the same time. Since then, Peak Partners expanded to include an electric water heater program with various levels of participation, all geared to reduce peak use at higher increments.
In 2018, Fort Collins Utilities implemented Time-of-Day (TOD) residential electric pricing. To better align with TOD pricing, all thermostats were upgraded to include a pre-cooling and pre-warming period to further decrease use during on-peak hours. Electric water heaters are turned off for a part (or the whole on-peak period based on customer preferences) to shift usage from expensive on-peak hours to cheaper off-peak hours.
Currently, the program includes direct installed Wi-Fi thermostats and cellular-based controllers for electric water heaters, an OpenADR VTN head-end for commercial customers, Bring-Your-Own Thermostat (BYOT) programs and a customer education brand via Zigbee In-Home-Displays, which operates in partnership with the local library for loan management. Peak Partners is also exploring the potential addition of battery storage capabilities to its peak-management portfolio.
The Peak Partners program empowers customers to make a difference when it comes to preserving natural resources, conserving energy and saving money. Congratulations to Fort Collins Utilities for their impressive milestone.
To learn more, read the press release.
Every year at Itron, we look forward to Earth Day—a global celebration and powerful reminder of our shared responsibility to protect our world’s most precious resources. This year, we kicked off our celebration with a special