Thursday, March 29, 2007

Data provider negotiating with building owners

Telkonet, Inc., the leader in providing in-building broadband access over existing electrical wiring, announced the formation of Telkonet Energy Services (TES), a new division that will focus on providing energy data, energy management and energy market participation to residential and commercial properties nationwide.

The installation of the proven Telkonet iWire System energizes the electrical infrastructure of residential and commercial buildings, creating a fully responsive data network. This network is then used to acquire energy information and control components of the HVAC system within the building, such as boilers, air conditioners, fans, pumps and thermostats.

The company is currently negotiating to provide these services to several high-profile building owners in New York City, Chicago and Miami.

This division will operate within Telkonet's subsidiary, Microwave Satellite Technologies, Inc. (MST) of Hawthorne, New Jersey and will use a combination of advanced data technologies to acquire and display energy use and pricing information.

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