|[October 01, 2012]
BuildingIQ Supports Green Button Initiative to Create Easy Access to Energy Consumption Data
SAN FRANCISCO --(Business Wire)--
a leading provider of energy efficiency and smart grid software, today
announced its support of the White House-inspired, industry-led Green
Button Initiative. The aim of the Green Button Initiative is to
provide electricity consumers, both residential and commercial, with
easy and secure access to their own energy consumption data. Armed with
this data, the goal is that consumers will adjust behavioral patterns
and utilize innovative, helpful apps and services in order to increase
The Green Button Initiative, launched earlier this year, utilizes a
consensus, industry-developed standard. Participating utilities are able
to offer customers a user-friendly format by which to download their own
energy consumption data through the utility website. Increased
transparency in energy consumption patterns will lead to reduced waste
and increased savings.
Nancy Sutley, Chair of the White House Council on Environmental Quality,
has said that "the Green Button will arm millions of Americans with
information they can use to lower their energy bills. Innovative tools
like these are god for our economy, good for the health of our
communities, and an essential part of our approach toward a secure and
clean energy future that works for Americans."
"We fully support this initiative, and look forward to helping our
customers in the commercial building sector optimize energy use and
reduce operating complexity in their facilities," said Mike Zimmerman,
CEO of BuildingIQ.
"With access to this data through Green Button, utilities will help
BuildingIQ (News - Alert) predict and manage our customers' peak loads and day to day
energy use. This isn't just about throwing numbers around. It's about
using those numbers to drive savings, reduce the loads on the grid and
With access to historical data, BuildingIQ can model a building's
potential energy and peak load savings even before its solution is
installed. Once installed, BuildingIQ's Predictive Energy Optimization
technology is able to utilize this data along with other variables such
as utility prices, weather forecasts and occupant schedules, to fine
tune building control systems in real-time in order to maximize energy
efficiency. This approach of proactively managing energy use, rather
than just reporting or analyzing the data sets BuildingIQ apart from the
rest of the energy management software industry. For more information,
BuildingIQ is a leading energy management software company with a
mission to redefine the way energy is managed in commercial buildings.
BuildingIQ's unique, patent-pending Predictive Energy Optimization
technology is the foundation for reducing energy cost and consumption
through products which help building owners, managers and occupants get
more value out of their existing energy systems. BuildingIQ leverages
over 35 man-years of building controls, modeling and comfort research
carried out by world-leading experts at CSIRO, Australia's national
labs, and BuildingIQ. The company has been honored as Winner of the
AIRAH Award for Excellence in Innovation, Tech23's Greatest Potential
Award, ED+C and Sustainable Facility's Readers' Choice Award,
Connectivity Week's Buildy award and Red Herring's (News - Alert) Asia 100 Award.
For more information, visit http://www.buildingiq.com.
You can also follow the company on Twitter (News - Alert) - @BuildingIQ.
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