Cypress Envirosystems today announced that the U.S. Government General Services Administration (GSA) has selected the Wireless Pneumatic Thermostat (WPT) for participation in its Green Proving Ground (GPG) program. This program leverages the GSA’s vast real estate portfolio as a “proving ground” for innovative building sustainability technologies, and plans to lead market transformation through the adoption of proven technologies. The WPT is one of 12 technologies that were selected from a pool of over 140 applicants for the 2012 program. The GSA will use the WPT to retrofit approximately 100,000 square feet of office space in the Ronald Reagan Building and International Trade Center in Washington, D.C., the second largest federal office building after the Pentagon.
According to Kevin Powell, Program Manager for GPG, “The GSA selected funded projects with the greatest potential to meet the GSA’s sustainability goal,” which includes 30 percent metered energy reduction by 2015 versus 2007 levels. The WPT met the GSA requirements because it is designed to be a cost-effective way to transition from pneumatic to digital thermostat controls, which reduces energy use by 18 to 30 percent. The GSA is the single largest property manager in the U.S. with over 354 million square feet of space in over 9,600 buildings – a substantial number of these buildings still use pneumatic thermostats and can be retrofitted using the WPT.
“We are honored that the WPT was selected by the GSA for inclusion in the Green Proving Ground,” said Harry Sim, CEO of Cypress Envirosystems. Over the past four years, the WPT has been successfully deployed in hundreds of buildings across North America. We are confident that we will be able to make a significant contribution to the GSA’s sustainability goals, and to realize significant savings for the government.”
Inclusion in the GPG builds on a number of successful federal and local government projects that used Cypress Envirosystems’ technologies to reduce energy consumption. In 2011, NASA deployed the WPT to retrofit 14 buildings and over 1.4 million square feet at the Ames Research Center under a Utility Energy Service Contract with Pacific Gas & Electric. Cypress’s technologies have also been successfully installed by VA Medical Centers, the Social Security Administration, and Capitol federal buildings in Washington, D.C. Also, the WPT was deployed as part of two California Energy Commission (CEC) programs funded under the 2009 American Recovery and Reinvestment Act. CEC case studies documented electricity savings of 27% and gas savings of 51%, and investment payback periods of less than 24 months.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV