OTI is pleased to announce that we are officially a systems provider for the NYSERDA RTEM program – New York State Energy Research and Development Authority’s Real-Time Energy Management.
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, NYSERDA can support 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.
NYSERDA RTEM includes a rigorous verification process. Reviewers work to determine each vendor’s ability to install, integrate and operate new building automation systems. The goal is to present contractors who have proven energy management and optimization capabilities. NYSERDA re-verifies contractors every four years to ensure systems still performing to current real-time energy management standards.
As we complete projects in NYC, we plan to share stories of building owners who take advantage of RTEM. Check back on this blog for those stories throughout the year.