our overview deck

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Radiator Labs
Get Cozy!
radiatorlabs.com
The Problem
• Steam heated buildings waste enormous amounts of
money through overheating
• In NYC alone, 75% of buildings are heated by steam
• Heating represents approximately 30% of a building's
energy cost
The US Department of Energy estimates about 30% of the heat is
wasted, translating into $7 billion in annual waste in the US alone
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Product: Radiator Labs “Cozy ”
(Patents pending)
Technology:
Insulating enclosure + Thermostatic fan control + wireless communication
Uniquely enables
tenant/management
control of heat output
Best-in-class fan provides 8-10
years operating lifetime
Radiator Labs “Cozy”
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How it Works
Radiator Labs produces smart radiator covers
Cozy is controlled wirelessly and eliminates
overheating
Pilots in NYC have already shown 2535% reduction in energy use
(along with increased comfort for occupants)
Cozy + machine-learning mesh network directs heat from hot to cold rooms –
equalizing temperatures and maximizing efficiency
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Tenant/Mgmt Controlled Comfort
Control can be kept to management or granted to tenants
Allowable temperatures at management discretion.
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Real-Time Monitoring and Alerts
Cloud analytics provide operational
and building monitoring support,
allowing for a recurring revenue
stream.
Building Status
ALERTS
Radiator Faults:
Apt. 4G
Steam Traps
Apt. 2L
Apt. 3L
• Real-time alerts on temperature issues, radiator health, and boiler
function.
• Long-term analytics on building operation and optimization strategy
allows for a building to be proactive regarding space heating, enabling
building staff to be aware of problems before the tenant does and save
money on maintenance and fuel costs.
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Financial Impact to Owners/Managers
• 30% fuel savings reduces building OPEX, increasing
NOI, enhancing the value of your asset(s)
• Tenant comfort is enhanced, fostering retention
• Helps reduce maintenance and staff costs through realtime monitoring of systems and problem alerts
• Eligible for most utility incentive programs
Bottom Line:
Saving buildings 30% in heating decreases OPEX by 10%
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Pricing
$495 / radiator
(base cost)
•Includes
comprehensive one year
warranty
•Installation $55 - $110
each (depends on
complexity)
•Discounts available for
self-install option
•Radiators w/space
restrictions may incur
additional costs
Monitoring & Alerts
• Included in first year of
operation
• optional starting year two
Utility Incentives
• Generally cover 30 40% of installed cost for
NG-fueled buildings
• Must have firm gas
account to be eligible
• Dependent on utility
approval
• Oil & district steam
customers enjoy very
fast paybacks (no
incentives)
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Contact:
646.902.HEAT (4328)
info@radiatorlabs.com
Marshall Cox – CEO/Founder Dave Yeskel – COO
“170 years later, you can now close your window in winter.”
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Appendix
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Cozy Exploded View
Cool Air
Warm air
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Cozy Sensors
Room wall sensor
placement
1. Power supply
2. Room sensor
3. Radiator sensor
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4. Steam trap sensor
not shown
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Case Study
33% energy savings
Heating System: Two-pipe steam
Size: 120 units, 50,000 square feet
Fuel: #4 heating oil
Vintage: Built in 1908
Costs: $36,000
Payback: Two years
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Proven Results
Before Radiator Labs
After Radiator Labs
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Proven Results
33% (multi year) Reduction in heating costs
33% reduction
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* Baseline domestic hot water production removed
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Proven Results
$31,000
2-year payback
70 lb. PM 2.5
220,000 lb. CO2
Savings in
heating cost
Based on $500
unit cost
Health hazard
in urban areas
Annual GHG
emissions from ~ 20
cars
60,000 ft2 with yearly savings of $31,000  ~$0.50 / ft2
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Cozy vs. TRV
Smart Home
Home
Compatible
Energy
Savings
Cost
Radiator Labs
Labs Cozy
30%
$495
TRVs
(Danfoss,
Honeywell)
~5%
$200
Easy
Install
Wireless
Control
Radiator
Compatible
Lifespan
8 – 10 yrs
2 - 4 years
The Radiator Labs Cozy offers superior performance & lifespan
compared to TRVs, while providing the connected and learning
benefits of smart thermostats.
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Process
2 weeks
Meeting/Demo
2 weeks
2 weeks
Proposal/
Feasibility
Study
Survey
Process:
Installation:
Contract
6-8 weeks
Build
Install
• Each radiator is measured and
photographed for a custom fit
• 5 minute survey per radiator
• ~6 weeks to manufacture
•
•
•
•
Slips over existing radiator
Attach sensors & plug in
No wiring or plumbing is touched
15 minutes per radiator
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How Radiator Labs Fits into NYC 80 x 50
• 30% energy reductions means less GHG
emissions & healthier neighborhoods
• Helps support goals of Retrofit Accelerator &
Carbon Challenges
• Full building retrofits are too expensive and not
realistic for most owners/managers
Steam heated multi-family buildings represent
80% of NYC energy use and GHG emissions*
radiatorlabs.com
Sources: 2014 NYC Local Law 84 benchmarking report (#1 and #2), 2013 LL87 data (#2 & #3)
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