Prompted by popular “demand” for a means to capture electricity demand, Eyedro is pleased to announce the addition of the new Portfolio plugin to our MyEyedro electricity monitoring platform.
The Portfolio view allows the MyEyedro user to determine 30 Day Peak Demand selectable by date, Instantaneous Peak Demand, 24 Hour and 30 Day Consumption.
In order to activate the Portfolio plugin the user’s MyEyedro account must have at least 2 display groups. In the case where a user has only one Eyedro device, a duplicate display group can be created.
For more information on the Portfolio plugin see page 58 of the MyEyedro User Guide.
Electricity Demand Explained
Electricity Demand is the maximum amount of electricity being used at any given point in time. Demand fluctuates throughout the day. For example, in the morning as people get up and get ready for work, take showers, run their cappuccino machines, hair dryers or waffle makers, electricity demand increases. In the early evening there is a second period of peak demand as people arrive home from work, turn on lights and appliances, cook dinner, fire up computers, etc. The greater the electricity demand, the greater the strain on the electrical grid to supply that demand, which is why many utilities will charge the consumer more during times of peak demand (Time-of-Use electricity rates). Time-of-Use rates are intended to take some of the strain off the grid by encouraging conservation at times of peak demand.