GridPoint Connect Featured in BASF Near Zero Energy House, Serves as Hub for Home's Solar Technologies
Better Home, Better Planet Initiative Unveiled Wednesday in N.J. with Series of Events
WASHINGTON - April 25, 2006 - GridPoint, Inc., a provider of intelligent energy management (IEM) appliances, today announced that GridPoint Connect was selected as a critical component of the BASF Better Home, Better Planet Initiative: Near Zero Energy House, to be unveiled Wednesday in Paterson, N.J., and showcased during three days of events. GridPoint's award-winning product is the hub for the home's solar technologies.
GridPoint Connect -- a grid-tied, battery backup product that integrates renewable energy -- serves three functions for the home. First, it acts as an inverter, converting the DC current from the photovoltaic cells into AC household current. Second, it stores electricity in advanced batteries for backup power needs. Third, it sends surplus energy onto the utility grid, resulting in a credit on the utility bill. Users can also proactively monitor and manage their energy usage by electing to access an online portal, GridPoint CentralSM.
The BASF home's high-performance, ecologically sound building and solar technologies make it 80 percent more energy efficient and faster to build than a traditional house, as well as environmentally friendly, affordable and disaster resistant. Selected by the U.S. Green Building Council's pilot testing for the Leadership in Energy and Environmental Design for Homes (LEED-H) rating system, the home is also Energy Star certified and supports New Jersey's Solar Initiative Program. Companies donated their products to the home, which will be given to Richard Sosa, a quadriplegic boy, and his family to occupy.
"We are happy to be among the companies contributing to the BASF project, which is not only a state-of-the-art structure but a worthy cause as well," said Peter L. Corsell, President and CEO of GridPoint.
GridPoint Connect has been honored as Green Builder Magazine's Most Innovative Product in the 2006 Best of Show Awards at the National Green Building Conference; a finalist for Most Innovative Commercial Technology of the Year in the Platts 2005 Global Energy Awards; and a featured product in Los Angeles Magazine's DesignHouse 2005: The Green Home, which marries healthy living with great design.
To learn more about the BASF home, please visit www.betterhomebetterplanet.com
About GridPoint
GridPoint builds intelligent energy management (IEM) products to provide protection from power outages, reduce energy costs and manage energy efficiency for the home and business. GridPoint IEM appliances provide traditional and renewable energy users with instant, automatic backup power based on clean, high-capacity, battery-based technology. GridPoint products also offer the renewable energy user a superior way to integrate alternative energy sources. GridPoint's single cabinet, "plug-and-play" appliances are easy to install and sold through a network of premium home builders, utilities, retail chains and government entities as well as installers and contractors of electrical, heating, air-conditioning, home automation and renewable energy systems.
On the Net: www.gridpoint.com
Contact Information
Suzanne Lauer
703.862.3137 or slauer@gridpoint.com
Media Contact
Suzanne Lauer
(703) 862-3137 or
slauer@gridpoint.com