[June 30, 2011]

BuildingIQ's DRIQ Increases LEED Credits

Last week, the U.S. Green Building Council (USGBC) announced the release of the new comprehensive LEED Demand Response Pilot Credit. The updated credit establishes new guidelines which will increase a facility's LEED ratings with the award of additional points when the facility participates in an Automated Demand Response (AutoDR) program. Leading industry experts from the Demand Response Research Center at Lawrence Berkeley National Lab (LBNL) and other key industry stakeholders contributed to the development of the new standard.

Commercial facility owners and operators face a number of challenges when considering implementation of Demand Response events in their facilities. These include managing the complexity of these events manually, maintaining acceptable occupant comfort levels, and the cost of more automated, custom-engineered solutions. As a result the adoption of Demand Response in commercial facilities has been relatively low compared with some other sectors.

DRIQ, the Automated Demand Response product offered by BuildingIQ, a leading energy management software company, will enable commercial facilities to obtain these additional LEED certification credis. DRIQ both automates demand response events to ease the complexity of managing through events and increase their LEED rating. In addition, DRIQ optimizes the building around the events to reduce the risk of occupant comfort impact. In previous deployments, DRIQ has reduced peak loads by up to 30 percent without impacting occupant comfort.

"As the Smart Grid becomes a reality, AutoDR will be a critical application for high performing buildings in managing energy performance," said Ross Malme, Partner at Skipping Stone, one of the architects of the new LEED guidelines. "AutoDR applications like BuildingIQ's (News - Alert) DRIQ will be essential to helping building owners and operators adopt AutoDR and achieve LEED certification."

BuildingIQ's DRIQ is the first and only AutoDR solution that optimizes a commercial facility's operations around a Demand Response event while minimizing impact on occupant comfort and ensuring demand reduction commitments can be delivered. DRIQ is a unique software solution which requires no custom engineering and no upfront costs. Current BuildingIQ users can simply add DRIQ to their current subscription to take advantage of Demand Response programs instantaneously.

"DRIQ is a low risk, more reliable, more cost effective solution than any other on the market," said Mike Zimmerman, CEO of BuildingIQ. "As building owners look to take advantage of DR events, the need for a building to react in real-time is crucial. Most buildings currently react with rudimentary methods, such as just shutting off a chiller or turning off lights - extreme moves that don't account for anything other than immediate energy reduction. We automate and deliver Optimized DR events to reduce peak loads and benefit from DR events."

About BuildingIQ

Founded in 2009, BuildingIQ is a leading energy management software company whose mission is to redefine the way energy is managed in commercial buildings. BuildingIQ's suite of software offerings are unique, patent-pending PEAC Energy Optimization^TM technology. These offerings reduce energy cost and consumption, helping facility owners, managers and occupants get more value out of their existing energy systems. BuildingIQ has commercialized 15+ years of building control systems, modeling and comfort research developed by the world-leading experts at the Energy Division of the Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australia's national research organization, and combined it with industry expertise to offer commercial facility owners and managers high value solutions with no capital expense outlay.

The company has been honored as Winner of the AIRAH Award for Excellence in Innovation, Tech23's Greatest Potential Award, Red Herring (News - Alert)'s Asia 100 Award and most recently Environmental Design + Construction and Sustainable Facility's Readers' Choice Award and Connectivity Week's Buildy Award.

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