FOR IMMEDIATE RELEASE
Toronto, Ontario — February 25, 2021 — SensorSuite Inc. (“SensorSuite”) is pleased to present its new case study demonstrating utility savings with new BAS Lite control system for non-BAS facilities. The case study is referencing a project for Woodgreen Community Services for eight of their multi-unit residential buildings (“MURBs”).
The Energy & Water Efficiency Project has successfully integrated comprehensive energy efficiency and water conservation upgrades with WoodGreen’s capital replacement plan at the eight multi-residential buildings. It included a host of energy conservation measures that focuses on electrical, mechanical, and water upgrades for an estimated capital cost of $3.4 million. This project was structured and financed by Efficiency Capital Inc. It is expected to be completed and operational by Q1 2021. The project was developed with long-term efficiency in mind, with upgrades providing savings of nearly $5.7 million over the next 20-30 years and guaranteed savings in the first 10 years with an annual reduction of 250 tonnes of GHG emissions.
“Woodgreen is a great case study for us to have launched our new BAS Lite controls system for non-BAS facilities. The majority of buildings across North America are non-BAS, and they are the most under-served asset class when it comes to utility management. To say that we are excited at the possibilities, is a gross understatement.”Glen Spry, President & CEO, SensorSuite
SensorSuite’s Energy Cloud Ecosystem platform seamlessly monitors, controls and optimizes Electricity, Gas and Water assets. Using AI algorithms, the Energy Cloud Ecosystem aggregates and co-ordinates Distributed Energy Resources to eliminate wastage and increase operational efficiency.
SensorSuite has deployed its AI solution in over 157 MURBs in Canada generating 12 billion data points per year. The Energy Cloud Ecosystem can generate between 20% to 30% in energy efficiency for MURB owners and managers, in an ongoing service model.
About SensorSuite Inc
SensorSuite is a leading energy management PropTech company. SensorSuite’s Energy Cloud Ecosystem platform seamlessly monitors, controls and optimizes Electricity, Gas and Water assets. Using AI algorithms, the IOT Energy Cloud Ecosystem platform aggregates and coordinates Distributed Energy Resources to eliminate wastage and increase operational efficiency.
President & CEO