SAN FRANCISCO — BuildingIQ, a leading energy management software company, announced that it has been selected by the D.C. Department of General Services (DGS) to deploy its cloud-based technology within eight of the District of Columbia’s public buildings, ranging from hospitals and education facilities to commercial office spaces managed by DGS.
BuildingIQ’s Predictive Energy Optimization (PEO) platform will automatically create a custom thermal model for each building that can predict energy consumption, cost, and comfort based on building characteristics, weather forecasts, energy pricing, and signals from the utility. The software will make real-time changes to each building, directly adjusting HVAC system parameters that can reduce heating and cooling costs by as much as 25 percent, said the company. This automated, cloud-based solution requires no manual interaction, thus freeing up labor hours from building staff.
The partnership, facilitated by the U.S. Department of Energy’s (DOE) grant program, will deliver on the District’s commitment to lower energy consumption, save taxpayers money, and reduce greenhouse gas emissions.
“We’re excited to make BuildingIQ’s platform part of our climate driven energy strategy,” said Mark Chambers, director of sustainability and energy for DGS. “The technology will not only maximize operating efficiency and reduce energy costs, but will also provide the city with a valuable revenue stream, through demand response, that will go a long way toward ensuring the comfort, safety, and security of District residents and employees.”
BuildingIQ’s platform will save money and generate revenue by optimizing energy use and enabling demand response in more than 3,200,000 square feet of space across the following District buildings:
• One Judiciary Square
• Saint Elizabeths Hospital
• 200 I Street Municipal Building
• Waterfront Municipal Center East
• Waterfront Municipal Center West
• John A. Wilson Building
• H.D. Woodson Senior High School
• Frank W. Ballou High School
BuildingIQ will work with DGS, New City Energy, and the Lawrence Berkeley National Laboratory to deliver expected annual savings of $600,000 and generate more than $1 million in free cash flow over the term of the partnership. As a DOE program participant, DGS will also receive numerous cost share benefits
“The District of Columbia is actively committed to energy efficiency and we commend the city’s efforts to ensure the District’s infrastructure is operating at the highest level of efficiency,” said Michael Nark, CEO of BuildingIQ. “We’re very excited to work with DGS and New City Energy to implement our service solution across such a diverse portfolio of buildings that includes health care, education, and office facilities. BuildingIQ’s ability to adapt to various building types with numerous functions makes it a perfect tool for helping meet the District’s energy efficiency goals.”
For more information, visit www.buildingiq.com.
Publication date: 5/18/2015
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