Locus Energy Selected as Approved Performance Data Provider by Connecticut's Clean Energy Finance and Investment Authority

NEW YORK, April 17, 2012 /PRNewswire/ -- The Connecticut Clean Energy Finance and Investment Authority (CEFIA) has selected Locus Energy as an approved Performance Data Provider (PDP) for its Residential Solar Investment Program (Program). To qualify for a rebate under CEFIA's Program all participants must purchase and install a monitoring system from an approved PDP. Locus Energy has worked with CEFIA to create a special monitoring solution that meets the requirements of the Program.

CEFIA is utilizing the Locus platform to offer a bundle of hardware and web-based software that will track the performance of residential solar photovoltaic systems and make the data available to participating installers and homeowners. The performance data will be collected by Locus Energy's industry-leading residential power meter, the LGate 101, and uploaded every 5 minutes to the SolarOS™ monitoring website. Participating installers will have access to the website which provides tools to track aggregated power generation as well as identify and address systems that are underperforming. CEFIA's Program is designed to provide homeowners with access to personal portals so they can see how much electricity their system has produced and the corresponding environmental benefits. 

"We are delighted to be working with CEFIA on this effort," said Michael Herzig, founder and CEO of Locus Energy.  "Having grown up in the Hartford area of Connecticut, I'm very happy to see the state continuing to offer innovative programs which help increase the adoption of solar energy systems."

Please visit http://www.ctcleanenergy.com/solarhome for more information on CEFIA's Residential Solar Investment Program and http://www.locusenergy.com for more information on Locus Energy's monitoring solutions.

About Locus Energy

Locus Energy develops web-based asset management software for renewable energy systems.  We provide monitoring, analytics and data services for deployments of solar photovoltaic and solar thermal technology. By leveraging Locus' products, renewable finance companies and integrators can drive down the cost and complexity of energy monitoring while making it much easier to maintain and service an installed client base. Founded in 2007, Locus has offices in New York and San Francisco, and monitors several thousand PV arrays worldwide.

About the Clean Energy Finance and Investment Authority

CEFIA was established by Connecticut's General Assembly on July 1, 2011 as a part of Public Act 11-80.  This new quasi-public agency supersedes the former Connecticut Clean Energy Fund.  CEFIA's mission is to help ensure Connecticut's energy security and community prosperity by realizing its environmental and economic opportunities through clean energy finance and investments.  As the nation's first full-scale clean energy finance authority, CEFIA will leverage public and private funds to drive investment and scale-up clean energy deployment in Connecticut.  For more information about CEFIA, please visit http://www.ctcleanenergy.com.

Contact:
Adrian De Luca
212-500-2097

SOURCE Locus Energy



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