The virtual power plant platform is expected to provide a sustainable profit center for ECOP’s commercial/industrial energy users by enabling them to transform their facilities into smart, energy efficient and cash-flow-positive buildings.

The platform communicates with ECOP’s IP-addressable light fixtures to reduce energy when there is a peak demand event based on the software-embedded algorithms managing the facility.

ECOP CEO Gib Wood said the new demand response and load shedding software will provide clients the ability to reduce electricity consumption to offset peak-demand events and participate in government energy rebate programs.

"Our platform and software will meet the needs of the emerging two-way partnerships between utilities and consumers, as well as develop new three-way partnerships between utilities, consumers and Eco-Shift Power," Wood added.

"By implementing the platform, we provide real cost savings, reduce emissions and enhance the environment of the building and the productivity of its occupants by making it safer and more efficient, resulting in better quality control output."

The platform improves a building’s lifespan and performance by identifying problems as they occur and provides instant energy efficiency and real-time remote control of facilities anywhere in the world.

The service will be managed by Eco-Shift Power on a 24/7 basis.