BuildingIQ has announced an exclusive agreement with NV Energy to trial a new energy efficiency program concept for commercial customers. As part of its Market and Technology trials program, NV Energy will roll out the program concept to leading commercial customers in Las Vegas. The program concept leverages the BuildingIQ technology platform to offer dynamically optimized HVAC operations in pursuit of significant energy savings. NV Energy will also be working with BuildingIQ to identify and deliver other significant opportunities for energy savings and peak demand management.
NV Energy provides energy services to 2.4 million electric customers throughout Nevada. Under this agreement, the partners will target 12.1 GWh of annualized energy savings using the BuildingIQ predictive energy optimization application. The platform also has the capability to serve as an automated demand response application via its DRIQ application, which is compatible with the OpenADR standard. The trial will allow NV Energy to investigate the potential of a single integrated energy optimization platform, as one of the utility’s priorities is identifying solutions for integrated energy efficiency and demand response for future programs.