BuildingIQ’s Predictive Energy Optimization Platform to be Demonstrated in 25 Buildings Across New York State – BuildingIQ

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BuildingIQ’s Predictive Energy Optimization Platform to be Demonstrated in 25 Buildings Across New York State

Scaled integration supports New York State’s clean energy and energy efficiency goals

NEW YORK – June 28, 2016 – BuildingIQ and Energy Solutions today announced that they are implementing a large-scale demonstration of BuildingIQ’s Predictive Energy OptimizationTM (PEO) platform at a variety of different commercial buildings across New York State.

The 25-building pilot, supported by the New York State Energy Research and Development Authority (NYSERDA), focuses on developing the market infrastructure necessary to bring to scale the technologies that can full optimize commercial buildings in the State. As part of the demonstration, the cloud-based platform is being implemented statewide across a variety of buildings, including commercial offices spaces, as well as those within the healthcare, education and retail sectors. The pilot will expand BuildingIQ’s network of qualified installers, as well as offer training on how Demand Response can reduce energy costs in commercial buildings. Moreover, BuildingIQ’s monthly subscription pricing model minimizes upfront costs and is generally cash flow positive within the first year of implementation.

The 25-building pilot will validate project energy savings and publicly share results through published case studies and webinars. The pilot will also include an interactive online dashboard to help customers, contractors and other stakeholders understand the energy and non-energy benefits of this technology.

“The energy market is complex and state authorities like NYSERDA are vital for identifying and delivering technologies that can benefit New York’s power grid,” said Scott McCormick, Vice President of Sales and Business Development at BuildingIQ. “The ETAC program supports proven technologies, like BuildingIQ’s platform, by helping to provide the market infrastructure necessary to scale. It also builds consumer confidence through verified performance data at scale.”

Building owners and contractors interested in participating in the program are encouraged to contact BuildingIQ at sales@buildingiq.com or partners@buildingiq.com or the program manager, Energy Solutions at etac-biq@energy-solution.com.  

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 Organization (CSIRO).

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

About Energy Solutions:

Energy Solutions is an employee-owned energy efficiency and demand side management (DSM) consulting firm that has been designing and implementing innovative DSM programs since 1995. They couple deep technology expertise with best-in-class customer service and rigorous, market-based program design methodologies. They support projects across the entire technology adoption curve—from emerging technology demonstrations to codes and standards development—engaging upstream, midstream and downstream market actors to increase adoption of and accelerate market transformation for best-in-class clean energy technologies. For more information, visit www.energy-solution.com.

Media Contact:

PAN Communications for BuildingIQ
Sean Welch, +1-407-767-0452 ext. 228
swelch@pancomm.com