NYSERDA to Deploy BuildingIQ’s PEO Platform to Reduce HVAC Loads
Cloud-based platform is being implemented statewide across a variety of buildings
NEW YORK — The New York State Energy Research and Development Authority (NYSERDA) announced a partnership with BuildingIQ and Energy Solutions to implement a scaled deployment of BuildingIQ’s Predictive Energy Optimization™ (PEO) platform as part of the Emerging Technology Accelerated Commercialization Commercial-Institutional (ETAC-CI) program. BuildingIQ is a provider of advanced energy management software that actively predicts and manages HVAC loads in commercial buildings. Energy Solutions is an energy efficiency and demand side management (DSM) consulting firm.
The ETAC-CI program supports market adoption of energy-saving and load-reduction technologies through high-impact, statewide demonstrations. It offers training and certification on BuildingIQ’s cloud-based PEO platform, as well as up to $20,000 per building for installation. The pilot will run until fall 2017 or until incentive funds expire.
The new project focuses on developing the market infrastructure necessary to bring the PEO technology to scale in New York 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 health care, education, and retail sectors. It will aim to expand BuildingIQ’s network of qualified installers and offer training on how demand response can improve the customer value proposition. Moreover, NYSERDA said BuildingIQ’s monthly subscription pricing model minimizes upfront costs and is generally cash flow positive within the first year of implementation.
Developed through the support of NYSERDA’s Clean Energy Fund (CEF), which is designed to accelerate the state’s use of energy-saving innovations and improve customer decision-making, the pilot will validate project energy savings and publically share results through published case studies, webinars, and an interactive online dashboard to promote customers’, contractors’, and other stakeholders’ understanding of the technology’s energy and non-energy benefits.
“The energy market is complex and organizations 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.”
“The scale of this project is making a wealth of performance data available in aggregate to customers and contractors,” said Scott Smith, senior program manager at NYSERDA. “The use of real time energy management is allowing us to increase customer confidence in new technologies by demonstrating the value of platforms like BuildingIQ. Through the success of these programs, we hope to make good on the CEF’s promises to grow the state’s clean energy economy, lower energy costs, and realize significant emissions reductions.”
Building owners and contractors interested in participating in the program are encouraged to contact BuildingIQ at firstname.lastname@example.org or email@example.com or the program manager, Energy Solutions, at firstname.lastname@example.org or NYSERDA project manager Josh Clyburn at email@example.com.
For more information about BuildingIQ, visit https://buildingiq.com.
For more information about Energy Solutions, visit www.energy-solution.com.
For more information about NYSERDA, visit www.nyserda.ny.gov.
Publication date: 7/12/2016