First “Big Box” Customer Achieves $1+ Million in Annual Savings
May 4, 2017
Adoption of Swarm Technology™ provides Fortune 500 company with a focused approach to reducing energy costs and greenhouse gases
Encycle Corp. announced today that it has reached a milestone by enabling one of its Fortune 500 “big box” retail customers to achieve $1 million in annual energy savings and reduction of over 5,000 tons of CO2. The national department store chain has noted in its annual Sustainability Report to its public investors that “(Encycle’s) innovative technology uses wireless controllers that work in concert to optimize and control energy consumption in our facilities. These controllers dramatically reduce peak energy demand without sacrificing comfort.”
Both large and small corporations are seeking cost-effective and easy-to-deploy energy management tools to meet their sustainability and cost reduction goals. As Encycle’s portfolio of buildings equipped with the firm’s biomimicry-inspired Swarm Logic® technology continues to expand, facility, energy and sustainability managers recognize that EASE™ (Energy as a Service by Encycle) provides a compelling way to reduce both HVAC energy consumption and greenhouse gases.
The multi-patented Swarm Logic technology synchronizes the operation of roof top air conditioning units to create energy savings averaging 15-25%. The thousands of installations served by Encycle through its cloud-based EASE program encompass facilities ranging in size from a 7500 square-foot retail store to a 1.9 million square-foot distribution center, with a variety of shopping malls, entertainment centers, schools, warehouses, restaurant chains, entertainment facilities and other buildings falling in between.
Robert Chiste, President and CEO of Encycle, states, “As the complexity and cost of advanced cleantech initiatives continue to increase, Swarm Logic is a game changer for commercial, industrial and institutional organizations seeking effective, economical and easy-to-deploy alternatives to their HVAC energy, maintenance and sustainability challenges. Swarm Logic does for HVAC energy consumption what LED technology has done for building lighting efficiency. We are proud to have enabled a major customer to achieve its first $1 million in annual savings and anticipate that savings for this customer, and others, will continue to grow exponentially.”
Encycle Corp. is focused on helping commercial and industrial customers achieve dramatic improvements in the efficiency of their heating, ventilation and air conditioning systems. The company’s multi-patented Swarm LogicÒ energy management technology is at the heart of the company’s solution set, leveraging the elegant simplicity of honey bee-inspired biomimicry to establish a wireless network among HVAC rooftop units (RTUs) that enables them to communicate among themselves autonomously.
Instead of operating in isolation, RTUs enabled with Swarm Logic become a connected group with the intelligence to respond holistically – self-organizing and synchronizing to simultaneously detect each other, red-flag unnecessary consumption and automatically optimize electricity usage by controlling the aggregated whole as one unified, coordinated group.
A long and growing list of the world’s most-respected and sustainable companies depend on Swarm Logic to maximize energy efficiency, cut electricity costs, participate in demand response programs, reduce carbon emissions and reduce HVAC maintenance costs. Companies using the technology have reduced HVAC electricity costs by 15-25%, often with an ROI that’s less than a year.