BuildingIQ, an energy management software company, announced that it has been selected by the DC 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 heating, ventilation, and air condition system parameters, that can reduce heating and cooling costs by as much as 25 percent. This automated, cloud-based solution requires no manual interaction, thus freeing up labor hours from building staff and engineers.
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,” says 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 Lab to deliver annual savings of $600,000 and generate more than $1,000,000 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,” says 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 healthcare, 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.”