Telkonet Inc (fka TKO)

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College Student Club Offsets Carbon Emissions at F.W. Olin Graduate School of Business

Last Update: 11:30 AM ET Aug 10, 2007

WELLESLEY, Mass., Aug 10, 2007 /PRNewswire-USNewswire via COMTEX/ -- The Energy and Environmental Club at Babson College has purchased carbon offsets to reduce the environmental impact of operations at the F.W. Olin Graduate School of Business. The club's purchase counterbalances 1% of the annual carbon emissions that result from the estimated consumption of 1.4 million kWh of electricity and 86 thousand therms of natural gas at the business school, offsetting over 13 tons of CO2 emissions.
"The growing awareness worldwide of issues related to sustainability is good news. Babson's Energy and Environmental Club has gone beyond awareness and just talking about the issues, and has taken action. Bravo," commented Mark Rice, Dean of the F.W. Olin Graduate School of Business.
The offset purchase, which was completed last month, will help to subsidize the cost of producing electricity through renewable technologies. While Babson will not change its source of electricity, the purchase will support the continued use of clean power technologies, such as solar and wind, in areas across the country.
"This is a small step, but a great opportunity for the club to demonstrate its commitment to sustainability," said Clinton White, Co-President of the Energy and Environmental Club. "We're excited about this initiative and believe that it is important for us as both students and future leaders to support environmentally responsible business practices." Through the offset purchase, the Energy and Environmental Club will be "carbon neutral" during the 2007-2008 academic year.
The club's offsets have been purchased through Carbonfund.org, a non- profit organization that supports renewable energy, reforestation, and energy efficiency projects worldwide to reduce carbon dioxide emissions and the threat of climate change.
The Club effort follows action this week by Babson College to select Telkonet SmartEnergy to manage the in-room energy consumption in the 120 room dormitory, McCullough Hall. Telkonet SmartEnergy, which incorporates the proven technology developed by Smart Systems International (SSI), eliminates wasted energy from heating and cooling unoccupied rooms. The system uses packaged terminal air conditioner (PTAC) controllers and occupancy sensors to adjust and maintain a room's temperature, sensing when the room is vacant or occupied.
Shelley Kaplan, associate vice president of facilities for Babson College, commented, "McCullough Hall was the perfect candidate for an energy management system, with its expensive, energy-intensive electric heating. We needed to take control of our energy costs, as we were paying to heat and cool students' rooms when they were in class and away during summer and Christmas breaks. Manually changing the temperature in each room was labor-intensive and inconsistent. After researching various energy management companies, we found the SSI technology to be the most cost-effective and reliable. Based on a trial, installation costs were lower by using wireless occupancy sensors, eliminating costly wiring. Recovery time was quick, with rooms returning back to the student's temperature setting within minutes upon their return. Most importantly, with the trial resulting in energy consumption savings of 30%, we can anticipate a payback within 2 years or less. Based on funding availability, we will look at installing the energy management system in our conference center/hotel next."
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5:00pm 08/10/2007

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TKO1.80, +0.12, +7.1%) is the leader in providing in-building broadband access over existing electrical wiring. Telkonet develops and markets technology for the high-speed transmission of secure voice, video and data communications over in-premise and shipboard electrical wiring. The revolutionary Telkonet iWire System(TM) utilizes proven powerline communications (PLC) technology to deliver commercial high-speed broadband access from an IP "platform" that is easy to deploy, reliable and cost- effective by leveraging a building's existing electrical infrastructure. Telkonet's products are designed for use in commercial and residential applications, including multi-dwelling units and the hospitality and government markets. Applications supported by the Telkonet "platform" include but are not limited to: VoIP telephones, Internet connectivity, local area networking, video teleconferencing, IP surveillance and a host of other IT services.
Telkonet SmartEnergy efficiently manages in-room energy usage with intelligent thermostats, packaged terminal air conditioner (PTAC) controllers and occupancy sensors. It significantly reduces energy consumption and improves energy efficiency by automatically adjusting the heating or air conditioning temperature when a room is vacant. The thermostat constantly calculates how far the temperature can vary to ensure it returns to the occupant's setting within minutes when they return to the room. The room temperature varies exactly far enough to achieve maximum savings, while ensuring the occupant's comfort. For information, visit http://www.telkonet.com.
The Babson Energy and Environmental Club is a student led organization at the F.W. Olin Graduate School of Business. The club works to foster innovation by hosting educational events, connecting alumni to the club and its members, and helping students gain new employment opportunities within the energy industry. For information, visit http://www.babsonenergy.com.
Babson College in Wellesley, Mass., is recognized internationally as a leader in entrepreneurial management education. Babson grants BS degrees through its innovative undergraduate program, and grants MBA and custom MS and MBA degrees through the F.W. Olin Graduate School of Business at Babson College. Babson Executive Education offers executive development programs to experienced managers worldwide. For information, visit http://www.babson.edu.
This news release was issued on behalf of Newswise(TM). For more information, visit http://www.newswise.com.
SOURCE Babson College
Michael Chmura, Babson PR, [phone], [e-mail] http://www.babson.edu Copyright (C) 2007 PR Newswire. All rights reserved ********************************************************************** As of Monday, 08-06-2007 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 03-05-2007 for TKO @ $2.61. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright © 2004-2007 Comtex News Network, Inc. All rights reserved.