Telkonet, Inc. announced that two universities located in northeastern United States selected the company's EcoSmart solution for installation across three residence halls. After integrating EcoSmart technology, the university expects to see annual utility costs for the residence hall closer to $133,470--a 39% cost reduction and savings of $84,141. Significant energy cost savings, as well as Telkonet's experience within the higher education market, allow any university to select an EcoSmart energy management system with confidence.

With large-scale deployments and regional energy costs higher than the national average, both campuses will recognize considerable utility savings with the EcoSmart energy management solution. Although colleges and universities in the United States spend close to $2 billion annually on energy costs, campuses regularly forgo energy efficiency upgrades due to a shortage of capital for facility improvements.