The brick and mortar retail environment is in a state of flux with the current and post pandemic retail environment becoming increasingly digital. Decisions need to be made about the correct footprint for brick & mortar retail chains to adjust for this change in shopping behaviour, which includes the right quantity of retail stores & the right strategic locations that make economic sense. And last but not least, to reduce utility operating expenses to improve profit margins, to visualize, control and optimize an entire building.

The retail and the commercial industry’s electric demand is swiftly becoming a significant variable in North America due to changes on the supply side, like intermittent renewables and increasing electrification. Electric utilities and independent system operators (ISOs) must decide whether to invest in transmission and distribution infrastructure. Investment options are costly, ranging from generating facilities to power purchases to transmission and distribution capacity additions. All the while, demand continues to increase which adds to operating budgets.

These changes in the market environment have led to more time-of-use and peak pricing programs across the country, and utilities are looking at new strategies and technologies for demand response (DR) — SensorSuite has developed its platform and technology to meet this new utility environment by providing smart thermostats and integrated BAS lite solution offerings to support the retail and commercial industry.