Predictive Energy Optimization software to be deployed within U.S. General Services Administration’s National Building Portfolio

San Francisco – September 22, 2014 – BuildingIQ, a leading energy management software company, today announced that its technology has been chosen by the U.S. General Services Administration (GSA) for its Green Proving Ground Program. Spurred by Executive Order 13514, the Green Proving Ground Program aims to help government buildings move one step closer to net-zero-energy classification and meet targeted sustainability goals. BuildingIQ was selected for its Predictive Energy OptimizationTM software, which reduces commercial energy costs – due to heating, ventilation and air conditioning (HVAC) operations – by as much as 25 percent.

GSA will implement BuildingIQ’s Software-as-a-Service (SaaS) solution, through the Green Proving Ground Program, at its Jacksonville, Florida, and Dayton, Ohio, host sites in order to evaluate the technology in a real-world context. For each building the software will automatically create a customized thermal model that can predict energy consumption, cost and comfort based on building characteristics, weather forecasts, energy pricing, tariffs, and demand response signals. The intelligent software will minimize both peak and ongoing energy consumption in these buildings by making real-time adjustments to building controls.

Saving results from BuildingIQ energy management platform will be documented and published in project reports outlining the software’s performance during the tenure of the program. The GSA is working closely with the Department of Energy’s Commercial Buildings Integration program to use these results to increase market uptake of technologies that prove to have a high impact through the Green Proving Ground program.

“The GSA’s commitment to promoting early adoption and deployment of innovative energy saving technologies is to be commended,” said Michael Nark, president & CEO of BuildingIQ. “The Green Proving Ground Program provides a great forum to create another proof point of BuildingIQ’s ability to generate energy savings in even the most efficient structures. Our solution leverages a building’s existing technology, allowing a facility to make the most of its previous investments.”

About BuildingIQ
BuildingIQ is a leading provider of advanced energy management software that actively predicts and manages HVAC loads in commercial buildings. As the only supplier of patent-pending Predictive Energy Optimization™ technology, BuildingIQ’s cloud-based solution is powering energy and operational savings in buildings across the globe with reductions in HVAC energy costs by as much as 25 percent. BuildingIQ delivers measureable results and has received backing from tier one industry leaders including Aster Capital (backed by Schneider Electric, Alstom and Solvay), the Venture Capital unit of Siemens Financial Services (SFS VC), Paladin Capital and the Energy Division of the Commonwealth Scientific and Industrial Research Organisation (CSIRO).

Recognized as a leader in its industry, BuildingIQ most recently was named winner of the 2013 Bloomberg New Energy Pioneers Award, Fierce Innovation Awards’ “Best in Show”, a 2013 Cool Vendor in Green IT and Sustainability by Gartner and listed on the 2012 Global Cleantech 100 and AlwaysOn Going Green Global 200.

 

Press Contact:
Vantage PR for BuildingIQ
Katie Blair, +1-407-767-0452 ex 229
kblair@vantagepr.com