Press Releases

Phoenix Energy Technologies Expands into Comprehensive Asset Lifecycle Management

Press three pillars

New HVAC, Refrigeration, and Lighting Solutions Empower Multi-Site Operators to Reduce Costs, Improve Uptime, and Drive Sustainability

 

IRVINE, Calif.—(BUSINESS WIRE) - September 29, 2025 - Phoenix Energy Technologies has expanded its capabilities to include asset lifecycle management, building on its core energy and comfort management solutions to now offer a comprehensive solution for HVAC, refrigeration, and lighting systems in multi-site commercial operations.

 

Leadership in Comfort Optimization and Energy Efficiency

Since its founding, Phoenix Energy Technologies has enabled multi-site commercial building operators to enhance occupant comfort while reducing utility expenses. Its advanced platform unifies HVAC, lighting, and refrigeration controls and other related IoT devices, empowering facility teams with data-driven insights for real-time adjustments and optimal environmental conditions.

Advancement into Holistic Asset Management

Building upon this strong foundation, Phoenix now addresses three key practice areas essential for contemporary facility asset and energy management:

  1. Comfort Optimization & Inventory Monitoring: Continuous system oversight and adaptive control ensure occupant comfort, protect sensitive inventory (like groceries and vaccines), and maintain compliance with safety standards. Automated workflows, predictive weather-based alerts, and around-the-clock expert support expedite resolution of comfort and inventory-related issues.

  2. Utility Expense and CO2 Reduction: Phoenix leverages analytics, diagnostics, and automation to optimize equipment settings to lower energy consumption and related CO2 emissions. Phoenix’s Refrigeration IQ solution also enables Automated Refrigerant Leak Detection (ALD) to proactively identify, quantify, and resolve costly refrigerant leaks, a major GHG contributor and compliance requirement.

  3. Asset Lifecycle Management: Real-time and historical asset telemetry data enables more accurate and efficient maintenance and capital planning by adding condition-based insights to current asset management practices. Using Refrigeration IQ and HVAC IQ solutions with Phoenix’s HVAC Vendor Management service, operators can shift from reactive to predictive maintenance, repair, and asset replacement, significantly improving capital planning effectiveness.

Ryan Adelman 1Ryan Adelman, CEO, Phoenix Energy Technologies

"We believe that the vendor who has the best access to the operating or condition-based data for these energy-intensive assets is best positioned to help customers make better decisions across the full life cycle of ownership – from maintenance to repair to replacement. This asset management toolkit was the missing piece of the full value equation. We’ve now discovered the formula for balancing our comfort and energy optimization capabilities with asset health,” said Ryan Adelman, CEO of Phoenix Energy Technologies.

The deployment of targeted energy conservation measures and robust analytics has facilitated energy and maintenance savings of up to 15% for customers, alongside improved uptime and overall comfort.

Introduction of New Asset Lifecycle Management Solutions

To support its expansion into asset lifecycle management, Phoenix introduces three innovative solutions and one technology-enabled service designed to further enhance operational efficiency and asset reliability:

HVAC IQ™: Combining advanced analytics with real-time HVAC equipment telemetry, HVAC IQ enables maintenance teams to plan maintenance (PMs) and repairs based on asset health and changing conditions, trending that helps avoid unplanned failures, and extends HVAC asset lifespan. Additionally, HVAC IQ provides real-time diagnostics to technicians in the field improving the speed and rate of first-time fix. Finally, HVAC IQ significantly improves the accuracy of asset replacement planning by correlating asset age, historical unit health, and historical service costs to provide a fully data-informed picture of total lifetime operating cost.

Megan RunnionMegan Runnion, Manager of Energy & Sustainability, Ulta Beauty

“HVAC IQ has been a game-changer for our facilities organization, enabling us to graduate to a more data-driven management practice, filling a key data gap we have: how to incorporate asset condition-based data into our capital and resource planning process. We have seen Phoenix's product roadmap for HVAC IQ and we are very excited to use the new functionality in our operations,” noted Megan Runnion, Manager of Energy & Sustainability for Ulta Beauty.

Refrigeration IQ™: Provides historical and real-time diagnostics and performance tracking for refrigeration systems, ensuring regulatory compliance and safeguarding perishable assets against costly disruptions. This solution includes federally mandated, indirect Automated Leak Detection powered by machine learning to identify and quantify refrigerant leaks saving grocers millions in avoided refrigerant loss, food loss, labor, and compliance costs.

Technician View™: A mobile-optimized solution that enables technicians to gain visibility into what needs to be repaired before traveling to the facility, increasing rate of first-time fix and speed of fix, saving time and expenses. Technicians can also provide confirmation through the tool that repairs have been completed accurately.

HVAC Vendor Management: Multi-site operators can optimize comfort, efficiency, and reliability while driving measurable cost savings through consistent vendor oversight. Phoenix leverages building and device analytics with expert maintenance teams to ensure accountability, enforce contracts and SLAs, prevent unnecessary repairs, and streamline reviews of quotes, invoices, and proposals. Customers also receive guidance on RFPs, construction plans, and sustainability initiatives. The result is standardized vendor management programs that deliver better service, lower HVAC maintenance costs, increase equipment uptime, and enhance customer satisfaction.

 

A Unified Platform for Commercial Building Operators

Phoenix’s enhanced platform seamlessly integrates HVAC, refrigeration, and lighting data, offering facility teams superior visibility, automated fault detection (with full refrigerant regulation compliance), and dynamic energy optimization. Organizations benefit from the ability to benchmark and quantify CO2 reduction equivalents (Scope 1 and 2), leverage predictive weather analytics, and drive continuous improvements in operational sustainability.

 

Commitment to Transforming Facility Outcomes

Through this capability expansion, Phoenix Energy Technologies sets a new standard in asset management for commercial buildings, enabling operators to adopt predictive, data-driven decision-making. With reliable 24/7 support from certified HVAC-R professionals, coupled with intelligent workflows and actionable analytics, clients can confidently optimize asset protection, enhance occupant comfort, and achieve energy efficiency goals.

 

Showcasing Solutions at Industry Events

To demonstrate these solutions in action, Phoenix will feature them at the following industry conferences:

 

About Phoenix Energy Technologies

Phoenix Energy Technologies is a leader in portfolio management for multi-site building operators, integrating HVAC, lighting, and refrigeration systems within a unified analytics and monitoring framework. The company’s comprehensive solutions are designed to maximize energy efficiency, minimize maintenance costs, ensure regulatory compliance, and improve occupant satisfaction, establishing Phoenix as a frontrunner in intelligent asset management for the commercial real estate industry.

 

Contacts

Media: Phoenix Energy Technologies Media Relations Team
Phone: (877) 340-8855

Email: media@phoenixet.com
Website: http://www.phoenixet.com