Legend Power Systems Expands Relationship with the NYC Department of Citywide Administrative Services
December 08, 2022 at 10:12 am EST
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Legend Power® Systems announced they met or exceeded all expectations for the SmartGATE initial deployments with The NYC Department of Citywide Administrative Services (NYC DCAS), setting the stage for future deployments. The first two
SmartGATE Systems not only met the anticipated energy savings targets, but also exceeded expectations for protection from negative grid events. NYC DCAS recently published the results of the initial systems on their nyc.gov website here (Phase V Smart Building Systems). NYC recently announced a $4 billion plan to convert New York City Schools to all electric power
(New York City Launches Public School Program). Completion of the IDEA SmartGATE evaluation comes just in time to enable Legend Power Systems SmartGATE Active Power Management to play a significant role in this massive effort. The City of New York Public Schools operates over 1,700 schools and DCAS operates the balance of NYC Government facilities. DCAS has 12 lines of services and purchases over $1 billion of goods and services annually. DCAS serves as the hub for energy management and
carbon reduction for government operations and leads efforts to reduce energy use and emissions from City operations, including assisting agencies with achieving key citywide goals; 40% emissions reduction by 2025; 50% emissions reduction by 2030; 20% reduction in energy use by 2030; and Carbon neutrality by 2050.
Legend Power Systems Inc. is a Canada-based company, which provides an intelligent energy management platform. The Company's principal business activities are the assembly, marketing and sale of a patented device, the SmartGATE, which enables dynamic power management of an entire commercial or industrial building. The Company operates through two segments: Legend Power Systems Canada and Legend Power Systems Corp. - United States. It markets two complementary offerings: SmartGATE Insights Service and SmartGATE Platform. Its SmartGATE Insights Service measures the high impact attributes of electricity and then applies an array of industry-standard calculations to determine what effects the attributes are having on a building. Its SmartGATE Platform uses patented technology to correct the power issues uncovered by SmartGATE Insights. Its SmartGATE product is deployed in commercial real estate verticals such as multi-family residential, hospitality, big box retail and commercial office.