Ecova Buys Retroficiency: Is Big Data for Buildings Finally Taking Off?


Is Big Data for energy finally inching toward reality?

You can read that into today’s announcement that Ecova is buying Retroficiency. Ecova specializes in software and services to help large companies save energy or to help utilities launch programs that will help their customers reduce energy.

Retroficiency, meanwhile, has created software that can identify potential energy savings in commercial buildings without sensors or time-consuming audits. As part of its Building Genome Project last year, for instance, the company looked at publicly available data on 30,000 commercial buildings in New York and determined that turning the thermostat by one degree more than normal could save $145 million…

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