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TechValidate Research on Stem

These pages present data that TechValidate has sourced via direct research with verified customers and users of Stem. TechValidate stands behind the authenticity of all published data. Learn more »



597 Customers Surveyed

4,739 Data Points Collected

38 Published TechFacts

13 Published Charts

1 Published Case Study



Selected Research Highlights


Stem Customer Research

What are the primary factors that motivated you to choose intelligent energy storage?

The financial benefits relative to the price of the solution
53%
Needed a solution that automatically responds to changing loads, rates, and rules
51%
The automated, non-disruptive savings that are likely to grow over time
49%
We're always looking for what's next in sustainability and energy management
47%
Needed a way to deal with energy risk and take back control over costs
36%
Stem seemed easier to implement than most energy projects
24%

Stem Customer Testimonial

We are constantly looking to stay at the forefront of technology and sustainability. Stem matched our goals and had a solid strategy and infrastructure. We are more impressed with the software and real time data than we would have imagined.

CFO, Medium Enterprise Industrial Manufacturing Company

Stem Customer Testimonial

We chose to work with Stem because of their track record of delivering automated cost savings on demand charges along with the simplicity and seamless integration.

Jim Hernandez, Facilities Manager, Emerald Textiles

Stem Case Study

Reliance Steel & Aluminum Co.

Introduction

This case study of Reliance Steel & Aluminum is based on an October 2016 survey of Stem customers by TechValidate, a 3rd-party research service.

“Subscribing to Stem is a no-brainer. It is easy to implement, requires no capital outlay, and operates in the background to deliver effortless savings.”

“I have a more positive attitude towards my utility provider now that I know it is helping to fund sustainable technologies like Stem.”

“Stem has proven to be a reliable source for cost savings that requires little to no human involvement.”

Challenges

The business challenges that led the profiled company to evaluate and ultimately select Stem:

  • Challenges solved with Stem:
    • Reduced operating expenses
    • Lowered energy bills without disrupting operations
    • Met sustainability goals
  • Factors which led them to choose Stem:
    • Their storage-as-a-service offering that provides immediate payback with no capital outlay
    • Their ease of implementation compared to most energy projects
    • Their superior experience deploying and operating energy storage

Use Case

The key features and functionalities of Stem that the surveyed company uses:

  • Benefits experienced with Stem:
    • Benefited from automated savings on energy bills
    • Lowered demand charges without any extra staff time or disruption to operations
    • Increased revenue or discounts from demand response or smart grid participation
    • Gained real-time visibility into energy consumptions and associated costs
  • How they use Stem’s PowerScope software:
    • View historical, real-time, or predicted energy consumption and costs

Results

The surveyed company achieved the following results with Stem:

  • Describes their experience implementing Stem:
    • Stem is a knowledgeable and valued partner throughout the assessment and implementation process
    • Stem manages everything – from incentive documentation to installation to ongoing operation
    • Stem’s team is responsive and accessible
  • Reduced annual demand charges by 15 – 20% with Stem.

Stem Customer Research

What are the primary goals you hope to achieve with Stem?

Realize automated savings on energy bills
91%
Gain real-time visibility into energy consumption and costs
51%
Protect against future changes to energy rates, TOU periods, tariffs, and other rules
46%
Advance sustainability strategy
44%
Simplify energy management
28%
Take back control of energy costs
28%
Limit exposure to risk
23%


More to Explore



About Stem

Data / Analytics / Power - Stem combines big data, predictive analytics and energy storage to reduce electric costs for businesses and in aggregate, deliver services to the grid. They optimize the energy you use to run your business, and reduce the portion of the electricity bill you haven’t been able to tackle—until now.

Stem Website   Stem, Inc. Website