Commercial customers of utility company Direct Energy have the ability to reduce their energy costs through the use of BuildingIQ, a cloud-based software.
The software learns a building’s occupancy and use patterns and automatically adjusts temperatures based on weather and other data, reducing the HVAC system load. The system is recalibrated every 24 hours.
“This solutions offering will give our larger customers the insights they need to take more control of their energy usage,” said Direct Energy manager Todd Sandford. “There is little to no upfront capital cost or expense, and the product can reduce HVAC energy expenses, resulting in a positive ROI in just a few months. This is another tool our customers can use for total energy management.”
Use of the product can earn structures points under Leadership in Energy and Environmental Design program from the U.S. Green Building Council and the government’s Energy Star certification.
“When a building installs our Predictive Energy Optimization platform, it’s not just the technology they are getting, but also expert monitoring from our team,” said BuildingIQ President and CEO Michael Nark. “Our solution closes the loop between gathering data and acting on it, which means freeing up cash flow for Direct Energy business customers. From a business perspective, this low-risk, high-reward strategy for energy savings just makes sense.”