Register

I agree with the Privacy Policy

Home Toys News

EcoFactor Debuts Residential HVAC Performance Monitoring Service

January 22, 2014

The results of the trial support the widely-held belief in the HVAC industry that millions of American homes have problems with their heating and cooling systems that go undetected - problems that represent big opportunities to save both energy and money. More significant was the finding that many of these issues can be accurately recognized through data analytics. EcoFactor discovered that six percent of all households in the trial had HVAC system problems that wasted energy and often compromised comfort as well. Furthermore, 68 percent of consumers who experienced issues were unaware that there was a problem. Many of the issues uncovered by EcoFactor's HPM service would likely have resulted in catastrophic equipment failure possibly costing thousands of dollars to fix if left untreated.

"HVAC dealers will line up for this service because it enhances the value of their HVAC service contracts and lowers customer acquisition costs. In addition, keeping a product running at peak efficiency over its lifetime provides pervasive savings, making it ideally suited for utility energy efficiency incentives. Many utilities are in the process of integrating fault detection into their energy efficiency programs," says Tom Kerber, Director of Research at Parks Associates.

From the article, "EcoFactor Debuts Residential HVAC Performance Monitoring Service."

Previously In The News

WIRETRACKS ICOVE Supports New iPod Nano

Up to 48 percent of new homes will be pre-wired with structured wiring by the end of 2004-Parks Associates From the article "WIRETRACKS ICOVE SUPPORTS NEW IPOD NANO."

Installing Dealer Channel to Reach $5.7b in 2003

The Installing Dealer channel has grown dramatically over the years - witness the double-digit growth in attendance at trade shows such as CEDIA, EHExpo and NSCA and the recently established TechHo...

U.S. SMBs Three Times More Likely Than Average Consumers to Purchase Professional Technical Support for Tablets, Smartphones, PCs

U.S. small businesses (SMB) could be the next boom market for tech support services, provided manufacturers, retailers, and providers offer fast and proactive solutions for multidevice environments...

Parks Associates Sees Social Gaming On Track to Become $5 Billion Industry by 2015

Parks Associates forecasts revenues in the social gaming market will increase by five times from 2010 to 2015, due in large part to advertising revenues and sales of virtual items. These factors al...

‹
1
2
...
6
7
8
9
10
11
12
13
14
15
›