Company Validates Compatibility by Identifying 34% Savings Potential in a Building Through Assessment of Energy Interval Data in Green Button Format
BOSTON, MA--(Marketwire - May 2, 2012) - Retroficiency, provider of the on-demand Building Efficiency Intelligence (BEI) platform, today announced full implementation of Green Button with its Virtual Energy Assessment (VEA) solution. An industry-led initiative inspired by the White House, Green Button is a standard format designed to provide easy, secure access to energy data with the goal of enabling education, awareness and insights about energy consumption and how costumers can reduce it.
Retroficiency joins forces with a growing number of utilities and software providers who agree that greater access to energy data, combined with software to enable new insights, can lead to actionable steps towards energy efficiency. Customers within participating utility territories will be able to download their energy interval data in the Green Button format with just a few clicks, and provide it to Retroficiency to instantly identify no- and low-cost operational and retrofit opportunities that exist in their building.
As part of validating compatibility with the standard, Retroficiency analyzed a year's worth of 15-minute electric interval data from a mixed-use office/assembly building in the Green Button format. Retroficiency's Virtual Energy Assessment estimated the building could reduce consumption by 34% through potential opportunities related to better lighting and ventilation controls, variable flow pumping and additional auxiliary support equipment, and more efficient lighting equipment.
"We are demonstrating our strong commitment to Green Button by being one of the first providers to develop the capability to import data in the format. Now, a commercial customer with access to Green Button-formatted interval data will also be able to rapidly and cost-effectively identify savings opportunities," said Bennett Fisher, CEO, Retroficiency. "A successful initiative like Green Button that promotes greater access to building data will help Retroficiency, and other trusted providers, deliver on the goal of bringing scale to the commercial energy efficiency industry."
With just a building address and 12 months of interval consumption data, all of which can be captured with Green Button, VEA employs energy analytics and rapid building modeling to prioritize buildings in a portfolio by savings potential and identify no- and low-cost operational and retrofit opportunities -- in minutes, without ever visiting the building. VEA enables utilities and service providers to more effectively target and engage commercial customers with energy efficiency, and building owners to determine savings opportunities across their portfolio.
About Retroficiency, Inc.
Retroficiency enables energy service providers and utilities to cost-effectively prioritize high potential commercial buildings and evaluate thousands of energy efficiency measures in minutes. Our Building Efficiency Intelligence (BEI) platform delivers accurate, actionable insights and recommendations aligned with target goals. Retroficiency is trusted by some of the largest utilities and energy service providers in the world. For more information, please visit www.retroficiency.com.