Residents and Businesses Can Earn Cash for Energy Saving Actions Through Innovative “GridRewards” Pilot Program
Summary
GridRewards leverages new Con Edison smart meters as the data backbone for Logical Buildings’ gamified mobile app SmartKit AI, which encourages thousands of Westchester homeowners to perform simple energy efficiency activities in unison. The ubiquity of smart thermostats makes performance easier than ever – raising cooling setpoints by four degrees for a handful of 1-6 hour periods in the summer can earn participants significant money — a payout of up to 15% of the total annual Con Edison electricity bill. Our work with Logical Buildings will help to continue to enhance the services of the SmartKit AI platform in advance of the broader roll-out in the Fall of this year,” says Sustainable Westchester’s GridRewards Program Director, Michel Delafontaine. Ground Floor of an Energy Paradigm Shift in New York The Logical Buildings SmartKit AI technology behind GridRewards is made possible through a secure software integration into Con Edison’s new Advanced Meter Infrastructure (AMI) in Westchester. Integration of Logical Buildings’ products and services in large multifamily, commercial, industrial, and manufacturing properties materially reduces operating expenses, generates revenue from existing mechanical equipment, enables wireless connectivity, and improves building operations/fault detection/resiliency.