Transcript ORAL PRESENTATIONS

in Collaboration with
Shenzhen Star Instrument
Presents
Background
Power is among the most basic
business needs. When faced with
energy-related challenges, businesses
may suffer from damage to equipment
or interruption of critical business
activities. The ultimate result is a loss in
productivity and decreased revenue.
Power monitoring can play a key role in
helping facility owners control and
reduce energy costs. Additionally,
power monitoring can help businesses
predict and prevent many powerrelated problems by evaluating electric
supply and distribution, identifying
power quality trends and enhancing
maintenance activities.
Background
Facilities can also monitor their power
factor to correct or avoid rate tariffs
imposed by their utilities for operations
with a low power factor. Thus, Ultimate
Power submetering System is an
essential tool for implementing and
conducting power monitoring programs
to address such energy-related issues.
Facility and plant managers have only
recently begun to use Ultimate Power
submeters for power monitoring. Today,
Ultimate Power submeters are now
being leveraged to analyze and manage
industrial energy usage, in addition to
tracking and allocating energy costs.
Introduction
UltimatePower® Submetering System is
a value-adding prepayment utility
management solution for the accurate
measurement of consumption of
electricity, water and gas in several
individual apartments using prepaidenabled submeters and Power-Selling
Management Software in a mastermetered
multi-tenanted
facility/property.
Essentially, UltimatePower® facilitates
upfront payment for utility services
and it is used up based on individual
measured consumption.
Introduction
Our system was developed based on the
outcome of research we conducted on
management of utility services in several
multi-tenanted facilities nationwide in the
year 2003.
The outcome was staggering as most
facilities deployed inefficient solutions such
as mono-functional check meters and
payment based on office space, apartment
and of lightings/electrical points for utility
billing and revenue collections
management.
Service disconnection becomes “usual” to
these facilities, thus causing untold hardship
to occupiers as well as loss of huge revenue
to the property managers
Features of Sub Metering System
•The system is based on prepayment,
thus eliminating completely, the
incidence of default on payment on
services already consumed as well as
outstanding debts owed by
existing/exiting tenants.
•Debts collection as duty function with
the accounts department will be
completely relegated on the work
schedule. While analogue check meters
are mono-functional and are used
basically to read consumption and bill
later.
•UltimatePower® submeters are
equipped with several advanced antitamper/protection facilities to prevent
stealing of utility services.
Features of Sub Metering System (Cont’d)
•The software is equipped with control
mechanism to identify customers that may
tamper with their meters as well as those that
have not been recharging their UltimatePower®
smart cards for pre-defined periods.
•The automatic load control feature of our
system ensures effective control of electricity
consumption in line with prescribed maximum
load gates or allowable limits in KW defined for
single phase and three phase submeters by
your management in relationship with the total
load being generated by the dedicated
transformer installed in the facility.
Features of Sub Metering System (Cont’d)
•In the event of a consumer attempting to
exceed the approved consumption threshold,
the meter will trip off automatically after five (5)
minutes of excess load. The submeter can only
be re-connected on condition that the resident
reduces load in line with approved limited and
or subsequently makes a formal request for
load increment.
•This facility ensures that utility services usage
is safer, more reliable, well controlled and
reduce cost as it controls peak energy
demand.
•The system is customer-friendly through the
dual warning thresholds (pre-warning and
warning) provides adequate warning to
consumers of diminishing level of prepaid
energy units in the submeters, thus prompting
alert for a recharge of UltimatePower® smart
Installation of Submetering System
•The UltimatePower® Submetering System
is a package of single phase and three
phase electronic prepayment sub meters
system for electricity, water and gas, Smart
Card, IC Terminal management system and
Submetering
Management
Software
(ASMS).
•Installation of UltimatePower® submeters
in all apartments in the estates or shopping
malls. A dedicated submeter will also be
installed for all shared facilities such as
security lightings, electrical appliances and
gadgets in the administrative office and
security posts etc.
•Each tenant will be given an
UltimatePower® Smart Card to facilitate
upfront purchase of utilities and payment
for auxiliary services such as waste
management, security, taxes and levies etc
from dedicated recharging point situated in
How does it work?
•Monthly bills issued by PHCN based on
reading from the installed Maximum Demand
(MD) meter in the property will be promptly
settled by the pool of cash collected from
upfront sales of smart cards to tenants.
•In case a generating set is installed within the
property, the submeters can also be used to
collect payment for consumption by tenants,
maintenance fees etc at a rate to be
determined by your organization.
•This rate will be a function of many factors
such as the current cost of diesel, the
numbers of hours that the generator will be
working per day, the annual maintenance cost
of servicing the generator, the break even cost
of providing electricity through the generator
per month, etc.
Does it make any Business Sense?
YES IT DOES.
Huge value at an affordable cost. Sub Metering system makes
a lot of business sense considering the cost of acquisition and
installation compared to your investment and reputation of your
facilities to your tenants. Thus increase the market value of your
facilities
Benefit to Property Owners & Managers
•Lower operating expenses
•Increased cash flow
•Increased property valuation
•Increase revenue without increasing
rent
•Protection against unbudgeted
utility expense and rate increases
•Download and track daily meter
reads online
•Detect leaks in vacant units
•Receive high-usage alerts
•Identify high and low users
•Consumption trend analysis
Benefit to Residents
•For apartment residents, submetering
provides a way to help lower their total
housing costs.
•Residents also benefit from submetering
because they are responsible for their
own usage rather than for misuse by
others.
Win Win Win
UltimatePower submetering
System is a win-win-win situation:
•Residents win by having more
control over their total housing
costs.
•
•Facility Owners win by reducing
operating expenses
•The environment wins because
utilities are conserved.
Stay Ahead of Competition
Maintain the preferred
market position when
your Tenants see the
innovation in your
service. Wow them, with
the value of Submetering
system and earn
reliablity
Cut Down on Risk
With the advent of the submetering system technology, it
will be difficult for any body to
have access to the facility
management funds.
It is also more necessary
especially on reduction in the
overhead associated with daily
operations especially on billing
of electricity and management
of other facilities
Our Records
Our Prepayment Sub metering System has been used by PHCN Ibadan
Distribution Zone (IBZ) on Prepayment Metering Scheme in some
selected areas of Jericho, Iyaganku, Onireke, Molete, Dugbe, Ikeja,
Lagos Island, Lekki, Ajah,Ilorin, Wigatap Homes
Also our Prepayment Submetering System has been deployed
extensively World Wide in countries such as :
•India,
•China,
•Peru,
•Mongolia,
•Indonesia, Morocco,
•Algeria,
•Vietnam
•Singapore.
Our Targets
•Facility Managers, Plaza Managers, Shopping Mall Managers
Operational Dynamics
•There shall be purchase of prepaid submeters, smart cards, installation
and commissioning, Prepayment Management Software, Dot Matrix
Printer, IC Smart Card Reader, Personnel, and Computer for the vending
point for the facility.
•Administration of the vending point will be conducted by the personnel
chosen by the management office adequately trained .
•A central account will be created by the management in which
payments for utilities are made and the top officials of the management
office shall be the authorized signatories for prompt settlement of utility
bills.
•There shall be no involvement of Tinuten Nigeria Limited in the daily
activities of the vending point and periodic real-time support shall be
provided as so requested by the management for audit and reconciliation
purposes at a fee to be agreed between Tinuten Nigeria Ltd and the
management.
Thank you
Our Contacts
11 Jofat Plaza, By Joyce B junction, Ring Road, Ibadan, Oyo State.
13 Ladipo Oluwole Street, Off , Adeniyi Jones, Ikeja, Lagos.
Tel: 08134521107, 08097955440, 08075587227
e-mail: [email protected], [email protected]