BOSTON, MA and CLEVELAND, OH--(Marketwire - Feb 13, 2013) - Retroficiency and the Council of Smaller Enterprises (COSE) today announced a multi-year agreement for COSE to utilize Retroficiency's Automated Energy Audit (AEA) to deliver more than 1,000 comprehensive small-to-medium business (SMB) energy audits. COSE selected AEA as the standard audit software program for utility-funded energy assessment programs for which COSE is serving as the program administrator.
SMBs can benefit from efficiency solutions that are as comprehensive as those for large commercial businesses, but the sheer volume and fragmented needs of SMBs make it difficult for utilities to engage and evaluate them at the scale necessary to be effective. AEA will enable COSE to comprehensively evaluate thousands of potential energy conservation measures (ECMs) during each audit, in up to 50%-80% less time than it would take to do an audit of similar quality using traditional approaches and tools.
"During our evaluation, it became clear that AEA was the best tool to enable our energy auditors to deliver high-quality building assessments at the rapid speed and low cost required for an SMB-focused program," said Nicole Stika, director of energy programs at COSE. "Not only will AEA dramatically streamline the audit program's data collection, measure evaluation and reporting processes, but COSE is also excited to have a partner with deep building efficiency and energy modeling expertise like Retroficiency."
COSE is offering free energy efficiency assessments to qualifying utility customers who own or lease a nonresidential building. The program provides nonresidential customers with the resources they need to not only better understand their current energy use, but also to ultimately decrease it through actionable energy efficiency improvements that can help reduce the costs of utility bills.
"Utilities and their program administrators such as COSE are recognizing that in order to tap the full potential of the SMB market, they must credibly engage building owners that have an efficiency opportunity and deliver a comprehensive set of energy conservation measures," said Bennett Fisher, CEO and co-founder, Retroficiency. "Retroficiency provides the only software platform that meaningfully addresses all phases of the utility commercial efficiency process -- including targeting, engagement, measure evaluation, and measurement and verification (M&V)."
About Retroficiency, Inc.
Retroficiency enables energy service providers and utilities to cost-effectively prioritize high potential commercial buildings and evaluate thousands of energy efficiency measures in minutes. Our Building Efficiency Intelligence platform delivers accurate, actionable insights and recommendations aligned with target goals. Retroficiency is trusted by some of the largest utilities and energy service providers in the world. For more information, please visit www.retroficiency.com.
COSE is one of Ohio's largest small business support organization, striving to help small businesses grow and maintain their independence. Comprised of more than 14,000 member companies, COSE has a long history of fighting for the rights of all small business owners, whether it's through group purchasing programs for health care, workers' compensation, or energy, advocating for specific changes in legislation or regulation to benefit small business, or providing a forum and resource for small businesses to connect with and learn from each other. (www.cose.org)