Telkonet, Inc. (TKOI) Technology to Provide Significant Utility Savings to Two Prominent North East Universities
U.S. colleges and universities pay an estimated $2 billion a year on energy costs, often forgoing energy efficiency upgrades on the campuses because they lack the capital to make these changes. To help offset and minimize expensive upgrades, energy management technology provider Telkonet collaborates with universities to locate utility-funded energy efficiency programs and then installs its energy efficient technology at the respective campus. In 2012, Telkonet achieved record sales of its EcoSmart product line, reporting $1.2 million sales within the higher education market. The company anticipates that this growth pattern will continue as more education facilities seek-out energy saving programs.…