The Internet of Things (IoT) market is expected to explode in the coming years, according to a recent report that predicts it will grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025. In response to this trend, many HVAC manufacturers are introducing IoT-enabled products designed to benefit consumers and contractors alike.
According to the U.S. Environmental Protection Agency (EPA), when businesses invest in energy efficiency, it yields 200-300 percent return on investment (ROI). Steps taken to make HVAC systems more efficient are beneficial for both business profitability and sustainable resources.
Efficiency investments are projected to generate more than a quarter million new hires in 2016
July 13, 2016
Energy efficiency is driving innovation in policies, practices, and technologies, and with that is becoming much more significant to our economy, noted speakers at the 2016 Energy Efficiency Forum, held at the National Press Club in Washington, District of Columbia, cosponsored by Johnson Controls and the U.S. Energy Association.
More than half of U.S. commercial building space is cooled by packaged HVAC equipment, according to the U.S. Department of Energy (DOE). So it comes as no surprise that energy efficiency is the biggest trend driving the rooftop market.
Solution identifies and helps maximize energy savings using IoT electrical devices or “adaptors”
May 25, 2016
Budderfly LLC, a provider of energy management solutions, has been recognized as a 2016 Gartner Cool Vendor in Internet of Things (IoT) Solutions. By adding IoT devices and advanced software to an existing infrastructure, Budderfly’s solution is said to be able to enhance the energy efficiency performance of any building.
Small-medium building sector and homebuilders are under-resourced when it comes to energy efficiency
May 23, 2016
The U.S. Department of Energy (DOE) announced $14 million in funding for projects to significantly increase the efficiency of U.S. homes and buildings. These projects are designed to cut energy costs while leading to greater demand for new building products and technologies.
The state has a legacy of innovative public policies that encourage energy efficiency
April 25, 2016
While California consumes the second largest amount of energy in the nation, it is also one of the most energy-efficient states, according to a new report. Compared to all other states, California ranks among the lowest in the nation for both per capita energy consumption and per capita energy spending.
According to Navigant Research, annual revenue from energy-efficient HVAC systems will grow from $17.2 billion in 2013 to $33.2 billion by 2020. With ductless systems set to account for nearly 30 percent of all North American energy-efficient HVAC system revenue by 2020, the market for both single- and multi-zone ductless systems is booming.