Media Contact: Kenneth Diggs (202) 580-9361
(Washington DC.) — The Department of General Services (DGS) has selected BuildingIQ, a leading energy management software company to deploy its cloud-based technology within eight of the District of Columbia’s public buildings in an effort to save taxpayer money, reduce greenhouse gas emissions, shave peak demand and lower energy consumption across the city.
“We’re excited to make BuildingIQ’s platform part of our climate driven energy strategy,” said Mark Chambers, Associate 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.”
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. The cloud-based technology will be used at hospitals, education facilities and commercial office spaces managed by DGS across its portfolio of District-owned facilities.
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’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.
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,” 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 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.”
About the DC Department of General Services
The mission of the DC Department of General Services (DGS) is to elevate the quality of life for the District with superior construction, first-rate maintenance, and expert real estate management. By building and maintaining safe and green state-of-the-art facilities that foster economic growth and elevate educational environments, our trusted and skillful employees create modern and vibrant communities across all of the District of Columbia.
About BuildingIQ
BuildingIQ is a leading provider of advanced energy management software that actively predicts and manages HVAC loads in commercial buildings. As the only supplier of patent-pending Predictive Energy Optimization™ technology, BuildingIQ’s cloud-based solution is powering energy and operational savings in buildings across the globe with reductions in HVAC energy costs by as much as 25 percent. BuildingIQ delivers measureable results and has received backing from tier one industry leaders including Aster Capital (backed by Schneider Electric, Alstom and Solvay), the Venture Capital unit of Siemens Financial Services (SFS VC), Paladin Capital and the Energy Division of the Commonwealth Scientific and Industrial Research Organisation (CSIRO).