Virtual Peaker Platform Expands Beyond DERMS
DERMS, Customer Engagement, & Forecasting Suites Provide Unified, End-to-End DER Approach for Modern Utilities
Louisville, KY – Virtual Peaker, a cloud-based SaaS company that empowers modern utilities with the friendliest distributed energy platform on the planet, has expanded its platform to include Customer Engagement and Forecasting suites of products in addition to its leading DERMS suite. This suites-based approach allows utilities to customize and scale their SaaS solutions to gain greater value from distributed energy resources.
Virtual Peaker is known as an international leader creating distributed energy resource management systems (DERMS) that help utilities seamlessly manage their distributed energy resources, including rooftop solar, wind, residential battery storage, and electric vehicles (EVs). As these renewable sources become more common, utilities are increasingly seeing the value of utilizing software that can manage and unify the end-to-end lifecycle of these DERs.
“The energy industry is constantly changing and evolving, so utilities are searching for software options among a plethora of complex and disparate choices. Virtual Peaker’s new product suite approach highlights the surge we’re experiencing with utilities that see DERMS as critical to their success, but also understand that they need a scalable and unified solution to manage all aspects of DER program management,” said William (Bill) Burke, the founder, and CEO of Virtual Peaker. “We expect that the transition to suites will dramatically impact how our utility clients scale and manage their DER programs to deliver renewable energy that ultimately leads to a more sustainable planet.”
The three core suites are grouped thematically into independent stacks, each with a base set of functionality plus additional services loaded on top. This allows DERMS to be decoupled from the other functions and offers tiered levels (e.g., Basic, Professional, and Enterprise. Virtual Peaker’s three suites are:
- Shift, the DERMS Suite – Smart device enrollment and control, baselining, Time-of-Use (TOU) optimization (and coming soon!) virtual power plants (VPP)
- Relay, the Customer Engagement Suite – Seamless customer engagement features to drive program enrollment and adoption
- Envision, the Forecasting Suite – Load forecasting made easy with custom reporting, predictive, and real-time data
Utilities including CoServ, the second-largest electric cooperative in Texas, already are gravitating to Virtual Peaker’s flexible, scalable suites-based approach.
“We’re pleased to add the forecasting suite to our current software stack, and are hopeful the improved accuracy will reduce costs associated with energy purchasing and hedging from price volatility,” says Ben Smith, power supply advisor of CoServ. “As our technology needs evolve, we’re excited to partner with Virtual Peaker, whose solutions can easily scale and adapt to meet our needs.”
In addition, Virtual Peaker offers bundles that are tied to use cases for specific utility needs.
About Virtual Peaker
Virtual Peaker is a cloud-based distributed energy platform that empowers modern utilities to build the grid of the future and meet global decarbonization goals. The SaaS company’s platform suites unify all aspects of DER management, from DERMS to customer engagement and load forecasting. Virtual Peaker is a remote-first company based in the United States. For more information, visit www.virtual-peaker.com and follow the company on LinkedIn and Twitter (@VirtualPeaker).