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from the L.A. Times

New Retroficiency app to take energy efficiency audits for buildings online

RetroBoston-based start-up Retroficiency has launched a Web-based service that it hopes will make in-person audits obsolete.

Auditors currently spend hours inspecting buildings on foot before they have to write up minutely detailed reports -- a slow and expensive process. The service Retroficiency launched Wednesday asks users to plug in basic data about the building, such as its age, size and occupancy.

Using predictive analytics and a vast database of tens of thousands of prior energy audits, the company can then infer specifics such as probable electricity use and lighting types and suggest potential efficiency upgrades.

The company said it had raised $800,000 in seed funding from angel investors and energy management services firm World Energy Solutions Inc.

Several customers are using a pilot version of the application, which Retroficiency is shopping to energy-service companies, facility-management firms, owners of large commercial properties and more. Retroficiency estimates that more than a third of the country’s commercial real estate is overdue for a major retrofit just as federal and local governments begin to roll in green building guidelines and mandates.


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-- Tiffany Hsu [follow]

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