Electric cars

Vehicle-to-Everything (V2X) technology saves Boulder $270/month

Vehicle-to-Everything (V2X) technology saves Boulder $270/month

Today the City of Boulder and Fermata Energy released the results of how a Nissan LEAF saves the city of Boulder $270 per month in energy savings, by using the LEAF’s stored energy to power its recreation center. This is equivalent to the LEAF monthly payment.

Results from Boulder provide compelling evidence of how a municipality can benefit from an electric vehicle for mobility and facility management. Imagine what you can save with more than one LEAF and more than one building!

Courtesy of Daniel Cherrin, NorthCoastStrategies.com


Fermata Energy’s Vehicle-to-Everything (V2X) Technology Reduces Energy Costs and Increases Use of Renewable Energy, City of Boulder, CO

Vehicle-to-Building (V2B) project in Boulder, in partnership with Fermata Energy, demonstrates that electric vehicle (EV) fleets can reduce municipal energy costs

BOULDER, CO – March 29, 2022 – As of December 2020, the City of Boulder has partnered with Fermata Energy on a vehicle-to-building (V2B) project at the city’s North Boulder Recreation Center to provide the city with new ways to reduce peak demand to reduce its energy costs. The collaboration demonstrated how V2B can produce savings on the electricity bill by using the battery of the electric vehicle.

Boulder has connected its all-electric 2020 Nissan LEAF fleet vehicle to Fermata Energy’s Vehicle-to-Everything (V2X) system, which consists of its FE-15 two-way EV charger and proprietary energy management software platform . With the FE-15 connected to the recreation center’s electrical system, Fermata Energy’s software monitors the electrical load, looking for opportunities to reduce peak loads by using energy from the EV battery instead of having it fully powered. by the network. Boulder’s EV is then automatically recharged after the peak event passes.

In eleven months of successful use, Boulder saved $2,963.44, an average savings of nearly $270 per month, or about the equivalent of the monthly payment for many popular electric vehicles, like the Nissan LEAF.

“The results we obtained in Boulder provide compelling evidence of how a municipality can benefit from an electric vehicle for mobility and facility management,” said Fermata Energy Founder and CEO David Slutzky. “Using Fermata Energy’s cloud-based V2X software and metering technology, we were able to continuously monitor the building’s energy consumption and, during energy spikes, optimize the EV battery discharge to support building electrical loads and reduce peak loads. ”

“The City of Boulder is working to promote the adoption of electric vehicles, reduce greenhouse gas emissions and improve community resilience,” said Matt Lehrman, City of Boulder Policy Advisor. , Energy Utilities. “This project not only tested the ability of an electric vehicle to reduce energy costs at the North Boulder Recreation Center, it helps us better understand how this technology could be used in other facilities in the city and potentially one day in the homes of community members.”

In July 2021, the City of Boulder project won the fourth annual Smart Cities North America award from IDC Government Insights, Smart Buildings division. According to IDC, the Boulder project “exemplifies a forward-thinking municipality that effectively leverages technology to deliver new services and economic opportunities.” The award recognized how Fermata Energy’s industry-leading V2X solution transforms a traditional cost center, an EV charger, into a revenue-generating, grid-supporting asset.

At a Rhode Island site last summer, Fermata Energy’s V2X technology raised more than $4,200 by participating in a utility demand response program in partnership with Electric Frog Company and National Grid. This demand response program, called ConnectedSolutions, uses distributed energy resources to provide capacity during peak utility demand.


 

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