Feb 1, 2017 | Announcements, Industry

Albireo Energy Qualifies as a NYSERDA RTEM System and Service Provider

Edison, New Jersey – February 1, 2017 – Building automation and energy services provider AlbireoEnergy, LLC (“Albireo Energy”) today announced that the company has qualified for the New York State Energy Research and Development Authority (NYSERDA) Commercial Real Time Energy Management (RTEM) Program. This qualification allows Albireo Energy to provide RTEM system installation and ongoing service support to building owners and management companies eligible for the program.

The RTEM program offers financial support to eligible organizations who use technologies to collect data about a building, and utilize that data to optimize the building’s energy usage. Eligible sites include, but are not limited to commercial buildings, educational facilities, non-profit institutions, and government facilities that are located in New York State and are New York State electricity distribution customers of a participating utility company that pays the System Benefits Charge (SBC).

“We are thrilled to be part of the NYSERDA RTEM program,” stated Phil Bomrad, CEO of Albireo Energy. “With the ability to design, install and support RTEM systems we can provide our New York- based clients a one-stop-solution. Albireo’s BEYON-DTM service collects data from building systems,runs algorithms to identify anomalies, and provides recommendations for improvements. These types of RTEM systems identify efficiency measures and help maximize return on investments, while takingadvantage of incentives like those offered through the RTEM program.”

In order to participate in the program, the site must select a NYSERDA RTEM qualified vendor, like Albireo Energy, to install and service the RTEM system. NYSERDA will provide financial support for the RTEM system implementation and services for up to five years with the cost share at its highest if the site submits its application by June 30, 2018. For full details about this program, please visit https://www.nyserda.ny.gov/All-Programs/Programs/Real-Time-Energy-Management.

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