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March 13, 2014
Retroficiency, CSG Partner on Energy Efficiency Innovation
Massachusetts is continuing to set the pace for energy efficiency innovation.
Boston-based Retroficiency - a provider of proprietary software that focuses on building efficiency intelligence – was recently listed in Forbes as one of America’s Most Promising Companies. This recognition is due to Retroficiency’s innovative technology that helps building owners use energy more wisely.
Recently, they inked a partnership with Westborough based Conservation Services Group (CSG) to assist CSG in its analysis of multi-family buildings, which has traditionally proven to be a difficult market segment to penetrate.
Westborough-based CSG is a national leader in residential energy efficiency services, and believes that this new partnership with Retroficiency will enable them to more effectively prioritize the most high-value customers nationwide while helping to reduce both time and cost.
This announcement should come as no surprise to those who have been paying attention to energy efficiency’s market developments, and it’s not a local phenomenon either. Recently the DOE posted the next round of their American Energy Data Challenge seeking the best web and mobile applications that help solve existing energy problems. This sort of high-level focus on a national level underscores the importance of data-driven analysis in driving our economy forward, and Massachusetts is leading the charge.
There continue to be near-constant announcements of new partnerships, acquisitions, successful funding rounds, and accomplishments in the energy efficiency sector here in Massachusetts because that is precisely where the best talent and funding resides.
As more and more people realize that energy efficiency truly is the ‘low hanging fruit’ when it comes to energy savings, you can rest assured that we will see far more partnerships announced between companies looking to take advantage of this opportunity.