Industry Experts Added to Company’s Advisory Board

PaceControls today announced the addition of several experienced executives from the energy, HVAC, and renewable energy industries to the company’s Advisory Board.

  • Jeffrey Barnett:  Mr. Barnett is Manager of Corporate Development with Exelon Corporation, responsible for sourcing, analyzing and executing merger, acquisition, investment and strategic partnership activities related to emerging cleantech initiatives.  He has strong connections into the cleantech industry: as CEO, he led solar start up Blue Square Energy through 2 rounds of equity financing, and profitability within 18 months.
  • D. Rafael Coven:  Mr. Coven is Managing Director, Cleantech Indices LLC (AMEX: CTIUS), the index division of The Cleantech Group.  He is also a founder of a specialty energy services company, and has over 20 years of experience in cleantech and multinational manufacturing, private equity and international corporate finance.
  • Bradford Hobbs:  Mr. Hobbs is a global marketing executive with18+ years of experience with market-leading brand companies in diverse industries.  He is Managing Director and Founder at bizbrand foundry, a marketing strategy and brand strategy knowledge firm.  Mr. Hobbs previously was VP, Global Brand Marketing, Trane Commercial at American Standard, and positioned Trane Commercial Systems Division to double sales from $3.8 billion to $7.6 billion in less than 3 years.

“We’re extremely pleased to welcome such highly qualified individuals, who were all recommended by members of our senior team”, said Tom Mills, PaceControls’ President.  “We look forward to getting their counsel as we move forward into the new year, which should be a big one for us”.

About PaceControls
PaceControls, an ENERGY STAR Partner, develops and manufactures eco-smart, easy-to-install, energy-saving HVACR solutions.  Designed for a wide variety of commercial, industrial and residential heating, cooling and refrigeration equipment, PaceControls technology is a highly flexible retrofit solution.  The patented technology establishes optimal run times for compressors and burner units, “pacing” the equipment’s consumption of electricity, natural gas, fuel oil or propane saving 10 to 20 percent or more on energy bills.  A typical payback for a project ranges from just one to three years.  The technology — designed and refined with significant input from the HVACR maintenance industry and equipment manufacturers — complies with all accepted industry standards for control equipment.  PaceControls products have proven successful in thousands of installations, including hundreds installed by electric utilities under demand side management programs.

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Testing has proven that PaceControls can save you up to 27% off your current energy costs. Customers who have to pay utility demand charges will save even more—as much as 40%!