OTI is pleased to announce that we are officially a systems provider for the New York State Energy Research and Development Authority’s (NYSERDA) Real-Time Energy Management (RTEM) program. Joining the list of leading contractors for energy management solutions, we are now able to offer clients access to supplemental funding for qualified building automation system projects.
Read our announcement in the news.
Here’s why we’re excited about this:
- For building owners, working with NYSERDA can offer support for up to 30 percent of the cost for real time energy management projects.
- A NYSERDA-approved RTEM system includes fault detection, fault diagnostics, predictive analytics and performance optimization.
- According to the program, real-time energy management projects can return 15-30 percent energy savings per year by making up for the 30-60 day lag time for utility bills.
The NYSERDA RTEM program includes a rigorous verification process to determine each vendor’s ability to install, integrate and operate new building automation systems with proven energy management and optimization capabilities. This program is managed and verified every four years to ensure that systems are still performing to current real-time energy management standards.
As we take on more projects in New York City, we’ll be sharing stories of how building owners have taken advantage of this NYSERDA RTEM program to advance energy management goals. Check back on this blog for those stories throughout the year.