Constellation NewEnergy has launched its new energy management product VirtuWatt, which is expected to allow customers to manage and optimize electricity usage in real-time.

VirtuWatt utilizes a combination of hardware and online applications. Using the VirtuWatt online dashboard, customers can track current energy usage, usage trends and current market values.

VirtuWatt provides immediate usage data – as opposed to the historic view on a traditional monthly utility bill – that provides customers with the information they need to make instantaneous operational decisions, the company said.

Peter Kelly-Detwiler, senior vice president of energy technology at Constellation NewEnergy, said: “VirtuWatt delivers a single platform that allows commercial power users to take advantage of the full benefits of competitive electricity markets in real-time.

“For the first time, customers are truly in the driver’s seat when it comes to optimizing their energy consumption. VirtuWatt makes the smart grid a click away, merging megawatts with megabytes and delivering the benefits of load response programs directly to the customer in a way that is easy for them to manage.”

Constellation NewEnergy is a supplier of electricity, natural gas and energy-related services to commercial, industrial and institutional customers throughout the US.