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Telkonet, Inc. (TKOI.OB) Awarded $1.2 Million SmartEnergy Efficiency Retrofit Project on Military Base

Telkonet Inc. is a clean technology company that develops, manufactures and sells proprietary energy management and SmartGrid networking technology. The company is a leading occupancy-based energy management provider in each of the hospitality, commercial, healthcare, education and military markets. The company’s in-room energy management systems are currently lowering heating and cooling costs in over 180,000 rooms.

The company today reported that its Telkonet SmartEnergy system has been selected for installation in over 3,000 units of an east coast military base’s housing. The system will improve energy efficiency by adjusting and maintaining each room’s temperature based on occupancy, using a combination of occupancy sensors and packaged terminal air conditioner controllers. The technology maintains the occupant’s temperature setting while the occupant is there and lowers the temperature to a lower energy-efficent level when the occupant is absent.

Awarded in March, the $1.2 million contract is part of an energy efficiency project coordinated by a large energy services company, encompassing military bases across the east coast of the United States. During this 9-month project, more than 3,000 housing units in over 30 different buildings will be installed with the company’s proprietary technology.

Jeffrey Sobieski, the COO of Telkonet, commented on the contract award, “With over 3,000 units, this will be our largest military installation to date. Winning a place in this extensive energy efficiency project further enhances Telkonet’s position as a leader in energy management and highlights the opportunities for SmartEnergy systems specifically within the government and military markets.”

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