The goal of Smart Building is to validate an adaptive, real-time, automated energy management solution, Energy Management System (EMS), through pilots at commercial building sites, starting with restaurants and office buildings. Restaurants have the highest energy intensity of all commercial buildings, and office buildings are the largest energy consumers of all commercial buildings. Estimated annual energy cost savings are over $3,200 for the median restaurant, and $22,000 for a medium-large office, representing ten and twenty percent savings, respectively, on the utility bills for these buildings. Once validation is completed, and feasibility is established, the team plans to commercialize the product, and will seek to scale rapidly through strategic partnerships and licensing.
