Press Releases

BuildingIQ Speeds Energy Savings Validation with Release of Automated Measurement & Verification Service

5i platform for intelligent energy management powers new service to allow repeatable, on-demand measurement & verification of energy initiatives for commercial building owner/operators, hospitals, educational institutions and government properties San Francisco – October 27, 2016 – BuildingIQ today announced the general availability of a measurement and verification service that allows building owner/operators to automatically measure and verify the effectiveness and impact of energy saving measures in order to qualify for utility or organizational savings incentives and mandates. Called Automated Measurement & Verification (AM&V), the new service is compliant with the International Performance Measurement and Verification Protocol (IPMVP) practices and is designed to deliver faster, more reliable M&V while being much more cost effective than traditional approaches. AM&V rides on top of the BuildingIQ’s recently released 5i energy intelligence platform. With AM&V, organizations can deploy M&V technology once, and use it frequently—saving time, money and complexity. “Automating data gathering and making M&V calculations transparent can reduce project costs and improve confidence in the energy savings,” said Teddy Kisch, Senior Project Manager at Energy Solutions. “Incorporating automated M&V protocols into a platform solution like BuildingIQ offers is a critical component of next-generation building technologies and will someday be ubiquitous for many energy consuming devices.” Energy Solutions is a clean energy consulting firm implementing a 25-building pilot with BuildingIQ and the New York State Energy Research and Development Authority (NYSERDA). The pilot focuses on building customer confidence developing supply-chain infrastructure to scale intelligently-managed building energy services throughout the state. According to Sampath Gomatam, BuildingIQ’s vice president of product, “Measurement & verification is an essential component of sustained energy efficiency and sustainability. The decision to develop AM&V as both a standalone service and as an element of our premium…

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