Menu

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 challenges does Stem help solve?

Lowering energy bills without disrupting operations
82%
Reducing operating expenses
67%
Meeting sustainability goals
49%
Lack of visibility into energy usage and costs
38%
Lack of control over energy spend
23%

Stem Customer Testimonial

Stem has the experience and technical expertise to make implementing a comprehensive energy storage system practical and financially compelling. I found Stem’s analytics to be compelling. Seeing them built trust that Stem has the capacity to realize the savings they were projecting.

Business Project Manager, Educational Institution

Stem Customer Research

How have you or your colleagues used Stem’s PowerScope software?

To gain a better understanding of how energy use is driving costs
58%
To view historical, real-time or predicted energy consumption and costs
57%
To avoid a higher peak demand charge after getting alerted about an upcoming spike
34%
To identify added savings opportunities, equipment failures, or hidden waste
28%
To help evaluate or verify the impact of other energy projects
22%

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 Statistic

7 out of 10 customers agree: “Stem manages everything – from incentive documentation, to installation, to ongoing operation.”

71%


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