Telkonet, Inc. (Telkonet) provides the EcoSmart and the Rhapsody platforms of intelligent automation solutions designed to optimize energy efficiency, comfort, and analytics in support of the Internet of Things (IoT).
The platforms are deployed primarily in the hospitality, educational, governmental, and other commercial markets; and are specified by engineers, HVAC professionals, building owners, and building operators.
EcoSmart Platform
The company's EcoSmart Platform consisted of four prim...
Telkonet, Inc. (Telkonet) provides the EcoSmart and the Rhapsody platforms of intelligent automation solutions designed to optimize energy efficiency, comfort, and analytics in support of the Internet of Things (IoT).
The platforms are deployed primarily in the hospitality, educational, governmental, and other commercial markets; and are specified by engineers, HVAC professionals, building owners, and building operators.
EcoSmart Platform
The company's EcoSmart Platform consisted of four primary pillars:
EcoSmart Product Suite: The suite of intelligent hardware products designed and developed to provide monitoring, management, and reporting over individual and grouped energy consumption throughout building environments. Products include thermostats, sensors, switches, and outlets.
EcoCentral: The cloud-based dashboard that provides visualization and remote management of Telkonet's monitoring, reporting, and analytics through deployed EcoSmart and integrated products. EcoCentral is the intelligence behind the EcoSmart Platform.
EcoCare: Telkonet's professional support and maintenance services, including engineering, analytics, reporting, software, and hardware updates, extended warranty, project and relationship management and onsite support.
The EcoSmart Platform provides comprehensive energy and operational savings, management monitoring, reporting, analytics of a property or individual room by adding intelligence to HVAC runtimes and through integrations with door locks, lighting, window coverings, and more end-user attributes. The EcoSmart Platform is a solution for reducing energy consumption and carbon footprints, and eliminating the need for new energy generation in these markets.
EcoSmart Product Suite
EcoInput: A lighting controller installed directly in line with existing light switches, making them intelligent, and manageable. IoT solutions are no longer hindered by interior design requirements, often mandating specific light switches be featured in guest rooms, which can result in increased project costs. It is compatible with LED, CFL, and incandescent lighting for enhanced dimming controls.
EcoTouch Thermostat: An all touch capacitive thermostat interface available in wired and wireless models offering a premium aesthetic. The EcoTouch allows building owners to match the thermostat with the design of their room by changing the color of the outer edge and by selecting between black or white options.
EcoInsight Thermostat: A programmable and controllable wired thermostat with over 125 configurable settings used to control the efficiency of HVAC through the use of environment variables and triggers.
EcoAir Thermostat: A wireless thermostat mirroring the EcoInsight footprint while enabling the relocation of in room controls without the usual construction expense and downtime.
EcoSource Controller: The remote HVAC control device associated with Telkonet's thermostat interfaces allowing control while removing the need for expensive rewiring and construction. The EcoSource may also be used for third-party integrations, monitoring, and control scenarios.
EcoSmart VRF Controller: Works with most of the new variable refrigerant systems coming to market. The devices replace the EcoSource where discrete relays are not available.
EcoConnect Bridge: An Ethernet to Zigbee bridge that serves as the coordinator for all EcoSmart devices connected to the intelligent automation network, managing approximately 30 - 70 device connections each.
EcoCommander Gateway: EcoSmart's network-edge gateway server that provides real-time proactive data aggregation, analytics, reporting, and management of the EcoSmart product suite.
EcoSense Occupancy Sensor: A remote occupancy sensor that monitors environments with ultra, high-sensitive sensors designed to detect motion or body heat. All sensors are programmed to ensure accurate occupancy detection. The EcoSense Occupancy Sensor may be hardwired or programmed to communicate wirelessly and may be battery operated or utilize external power.
EcoSwitch Light Switch: An EcoSmart energy management product with the appearance of a traditional 'rocker' light switch. Turning lights off, even for a short time, saves energy and extends lamp life. The EcoSwitch can be used to compose and automate dramatic lighting scenes in a room.
EcoGuard Outlet: An EcoSmart control that acts as the replacement for an in-wall outlet and has the ability to monitor and control the flow of power to one or both outlets. Based on occupancy, it can turn off lamps, televisions, appliances, and any other energy-consuming loads that are plugged in, preventing a property from consuming power in an empty room. The EcoGuard completely disconnects devices from the power supply, preventing lights and other in-room electronics from needlessly consuming energy, as well as providing monitoring of energy flow and efficiency when a plug is enabled.
EcoContact Door and Window Sensor: A remote, wireless door/window contact with the ability to provide additional occupancy data and control HVAC operability and other consumption measures when doors or windows are open.
EcoCentral
Telkonet's EcoSmart Platform is a comprehensive solution for intelligent automation and energy management. The platform has a well-developed upgrade path with the final and complete version of the platform offering real-time control and analytics provided through a cloud computing platform called EcoCentral. EcoCentral derives its name through its ability to direct user resources to where they add the most value. From monitoring equipment operation and determining where engineering efforts are needed and notifying staff when performance is degrading, EcoCentral creates a comprehensive tool for providing insights and access for EcoSmart Platform deployments either individually or across an entire building portfolio.
EcoCare
EcoCare is Telkonet's professional support services including call, email, and chat support, repair, and replacement services, periodic reporting, communication with customers' utility and Internet Service Provider (ISP) partners and more. Telkonet provides three packages of EcoCare services, as well as allows customers to create their own package of services ala carte. EcoCare allows EcoSmart customers to ensure that they continue to recognize the savings estimated and benefit from the intended return on investment (ROI). Typical EcoCare contracts range from one to five years and have automatic renewal terms built into each individual contract.
Rhapsody Platform
Telkonet launched a new platform in 2020 named Rhapsody. Although the Rhapsody Platform shares many similarities with the EcoSmart Platform, it extends beyond some EcoSmart capabilities with native support for the company's new devices that use WIFI and BLE for configuration and setup. It also provides a more modern architecture to allow for enhanced scalability of real time IoT data. For example, data reporting is instantaneous with the Rhapsody Platform because it is based on data change instead of 15-minute interval reporting like the EcoSmart Platform. The main components that make up the Rhapsody Platform are:
Rhapsody Dashboard: The cloud-based portal that provides remote management, monitoring, and reporting capabilities of supported hardware.
Rhapsody Mobile: The app that assists with the installation and configuration of all supported hardware. It also provides remote control capabilities for residential customers.
API: The collection of interfaces available for third party data and command access to products running on the Rhapsody Platform. These interfaces include BACnet and Rest API options.
Intelligent Energy Management
Telkonet's energy management platforms apply and improve building intelligence to deliver energy and cost savings through controlling lighting, plugload, and HVAC runtimes. Captured data may be presented on a grouped, property or room-by-room basis, allowing granular management of in-room energy use and environmental conditions. Telkonet achieves this by leveraging its device platforms, including occupancy sensors and intelligent programmable thermostats connected with packaged terminal air conditioner (PTAC) controllers or any other terminal equipment HVAC products and managed wireless light switches and in wall electrical plugs to adjust and maintain energy consumption including a room's temperature according to occupancy, eliminating wasteful heating and cooling of unoccupied rooms. All of these can be accomplished from the in-room devices or via any web-connected device, such as smart phones, tablets, and laptop computers.
EcoSmart and Rhapsody are energy management platforms that deliver optimal, individual room energy savings without compromising occupant comfort, due to a proprietary technology named Recovery Time.
Recovery Time Technology
Telkonet's HVAC controls feature Recovery Time, technology designed to maximize energy efficiency without sacrificing occupant comfort. When a room is occupied, the temperature selected by the occupant will be maintained by the Telkonet system. Once a Telkonet occupancy sensor determines that the room is unoccupied, the system adjusts the room temperature using Recovery Time. Unlike other systems, Recovery Time technology constantly performs calculations that evaluate how far each individual room's temperature can drift from the occupant's preferred setting (set-point), to harvest energy savings while still being able to return to the occupant's set-point within a customer's pre-defined period of time.
Customers
The company's focus includes the hospitality, educational, governmental, healthcare, and multiple dwelling unit (MDU) markets, as well as expanding into the consumer market specifically through its resale channel as part of its long term strategic growth.
Intellectual Property
Telkonet has acquired certain intellectual properties, including but not limited to patent U.S.-10564660-B2 granted 2/18/20 on the water heater energy management controller and a provisional patent U.S.-20200022243-A1 granted 20/1/16 on the lighting dimmer module and method of calibration.
On November 30, 2020, Telkonet entered into a Wireless Network Patent License Agreement (the License Agreement) with Sipco, LLC (Sipco) and IPCO, LLC dba IntusIQ (collectively, the Licensors) in order to settle a patent infringement lawsuit without the expense of costly litigation. Without admission as to infringement, validity, or enforceability of the Licensed Patents (as defined in the License Agreement) or liability with respect to any claims of the complaint filed in the patent infringement lawsuit, Telkonet has agreed to pay certain royalty fees to the Licensors in exchange for the right under the Essential Claims (as defined in the License Agreement) of the Licensed Patents (as defined in the License Agreement), including multiple essential wireless mesh (EWM) patents to manufacture, have manufactured, sell, offer to sell, import, export, and use the Licensed Products (as defined in the License Agreement). The EWM patent portfolio covers technologies used in multi-hop wireless networks utilizing wireless protocols such as, but not limited to, Zigbee. The portfolio also covers applications including, but not limited to, home and building automation and industrial controls.
Research and Development
During the year ended December 31, 2022, the company spent $1,070,473 on research and development activities.
Government Regulation
The company is subject to and has been affected by the tariffs imposed by the United States Federal Government on imports of industrial sector products from China. In addition, it is subject to regulation in the United States by the Federal Communications Commission.
History
Telkonet, Inc. was founded in 1977. It was incorporated in 1977.
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