Telkonet Helps Cut Guest Room Energy Costs in Nevada Motels with Sure Bet Program

Americas Best Value Inn (ABVI) in Las Vegas on target to realize energy savings of 260,000 KW hours per year, as the 7th smaller hotel to benefit from Telkonet's in-room energy management solutions for the Sure Bet Program

Nov 6th, 2008

NV Energy's Sure Bet program, which started in 2007, is designed to help smaller hotels achieve significant energy savings through heavily discounted energy efficiency products and free installation in qualifying facilities. The program focuses on improving energy efficiency across four key areas – guest room HVAC control, in-room lighting, common area lighting and vending machine controls. Based on the properties installed to-date in this program, energy savings have been estimated between 15 to 30%, with paybacks typically achieved in less than six months. The program is contributing substantially to increasing profitability, lowering overhead costs, and making the participating hotels more sustainable as businesses. Telkonet was selected as an alternative supplier for non remote capable units in March 2008, and has already retrofitted more than 800 rooms with its intelligent in-room energy management systems.

Echelon Corporation (NASDAQ: ELON) announced today that the Group of Electricity Distributors in France (GAELD), a consortium of electricity distributors, has chosen Echelon's Networked Energy Services (NES) System for up to 90,000 homes. The project, awarded to Echelon partner Alter Way, is expected to begin within the next few months and to be completed by 2013. In the past two months the NES system has gained momentum across Europe, including projects in Germany, Denmark, and now France.

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