Noesis Energy Ramps to $18 Million C&I Energy Efficiency Projects in Development
In just over two months since it launched Noesis Pro Project Services, Noesis sees its front- and back-office solutions for energy projects gain traction with commercial and industrial energy professionals.
AUSTIN, Texas, Nov. 20, 2013 /PRNewswire-iReach/ -- Noesis Energy, the fastest-growing platform for energy efficiency projects, now has $18 million of energy efficiency projects in development on its platform. This key milestone, which was attained just two months after the launch of Noesis Pro Project Services, demonstrates the burgeoning need in the commercial and industrial sector for a systematic way to measure, verify and finance energy efficiency projects.
Noesis Pro Project Services is designed for commercial and industrial energy professionals who identify and recommend energy-efficiency projects. This premium service from Noesis Energy speeds the approval and funding of energy projects by combining SaaS-based front- and back-office delivery tools with strategic assistance and expertise, and presenting options for third-party finance. Post implementation, the service provides ongoing measurement and verification of the project to demonstrate actual project savings.
"We are tracking well ahead of plan and seeing heightened engagement with project managers whose projects range between $100K and $3 million. Energy efficiency projects of this size are excellent candidates for Noesis because they are eminently financeable and often demonstrate a healthy ROI to the CFOs," said Dave Jaros, VP of marketing at Noesis. "Energy professionals who use Noesis Pro Project Services get access to expertise and analysis tools that enable them to grow their business by getting more energy project proposals approved."
One energy-efficiency consulting and contracting firm that is already deriving benefits from participation on the Noesis platform is GreenCon, based in Miami. The firm focuses on providing commercial and industrial real estate managers and owners with energy efficiency audits and retrofitting solutions. Projects already hosted by GreenCon on the Noesis platform include lighting (AGRASUN LEDs) and HVAC (TRANE AC units) upgrades for a chemical laboratory, as well as hotel occupancy controls at multiple sites.
"Our partnership with Noesis allows us to be more efficient in preparing our projects for pre- and post-installation work. The different financing options that we can present to our clients gives us a competitive advantage over our competitors by assuring that we provide our clients the options that best suit their needs," said José Ventura, CEO at GreenCon.
Noesis Pro Project Services is optimized for companies that perform numerous project proposals that are require approval and funding, but is also extremely useful for businesses that propose only one or two projects per year. Examples of projects include:
$2,300,000 — Insulation for a multi-family residential facility
$1,700,000 — Rooftop PV for a large office building
$1,300,000 — Refrigeration controls for 400 convenience stores
$3,000,000 — Retrofits on four hospital buildings with 50 energy conservation measures
$540,000 — Comprehensive retrofit for a commercial building
$390,000 — Operating lease for a rooftop PV system
$329,000 — Comprehensive retrofit for a medical office building
$226,000 — Plasma lighting project at two auto dealerships
$130,000 — Ceramic insulation coating on food generating equipment
$90,000 — Lighting project for a small commercial building
"The key to unlocking the efficiency opportunity and opening up the flow of small- and large-scale retrofit investments is access to transparent, standardized savings information about energy projects," said Scott Harmon, CEO of Noesis Energy. "Noesis really is the world's largest energy savings calculator, where all players of the energy efficiency value chain can come together, learn from past projects and make informed, business decisions on new savings opportunities."
About Noesis Energy
Noesis Energy puts businesses in control of their energy management costs. By combining big data services, energy analytics and industry expertise, our free and premium data services help energy professionals track energy performance and identify opportunities to reduce usage and costs. Noesis Energy is backed by Black Coral Capital and Austin Ventures, and maintains offices in Austin, Texas and Cambridge, Ontario, Canada. For more information, visit www.noesisenergy.com and follow @noesisenergy. Learn how the Noesis Energy platform works here. Use our site to find incentives at incentives.noesisenergy.com.
Media Contact: Tim Cox, Noesis Energy, 650-369-7784, email@example.com
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SOURCE Noesis Energy
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