--- title: News | Budderfly | Gokul Reddy (2) description: Take a look at the lastest updates in energy savings, management, and efficiency with Budderfly's collection of news articles. (2) --- [Careers](https://omsbdrflyprd.wpengine.com/careers/) [![Portal Login](https://no-cache.hubspot.com/cta/default/20472728/b14da822-cd99-48ce-b039-a18781490a06.png)](https://cta-redirect.hubspot.com/cta/redirect/20472728/b14da822-cd99-48ce-b039-a18781490a06) [![Budderfly](https://news.budderfly.com/hubfs/raw_assets/public/Budderfly_December2023/images/header-logo.svg "Budderfly")](https://omsbdrflyprd.wpengine.com/) - [Energy as a Service](https://www.budderfly.com/energy-service/) - [Equipment](https://www.budderfly.com/energy-service/equipment/) - [Smart Technology Monitoring](https://www.budderfly.com/our-technology/) - [How We Innovate](https://www.budderfly.com/energy-service/how-we-innovate/) - [Measuring & Billing Technology](https://www.budderfly.com/energy-service/measuring-billing-technology/) - [Who We Serve](https://www.budderfly.com/the-budderfly-effect/) - [Restaurants](https://www.budderfly.com/the-budderfly-effect/fast-casual-restaurants/) - [Corporate & Enterprise](https://www.budderfly.com/the-budderfly-effect/enterprise/) - [Hospitality](https://www.budderfly.com/the-budderfly-effect/hospitality/) - [Healthcare & Fitness](https://www.budderfly.com/the-budderfly-effect/healthcare-fitness/) - [Schools & Universities](https://www.budderfly.com/the-budderfly-effect/schools-universities/) - [Retail](https://www.budderfly.com/the-budderfly-effect/chain-retail/) - [Convenience Stores](https://www.budderfly.com/the-budderfly-effect/convenience-stores/) - [Manufacturing](https://www.budderfly.com/the-budderfly-effect/manufacturing/) - [Resources](https://blog.budderfly.com/) - [Blog](https://blog.budderfly.com/) - [Case Studies](https://case-studies.budderfly.com/) - [Customer Testimonials](https://www.budderfly.com/resources/customer-testimonials/) - [Thought Leadership](https://info.budderfly.com/) - [News](https://news.budderfly.com/) - [About](https://www.budderfly.com/about/) - [Executive Team](https://www.budderfly.com/executive-team/) - [Leadership](https://www.budderfly.com/leadership/) - [Board of Directors](https://www.budderfly.com/board-of-directors/) - [Mission](https://www.budderfly.com/about/mission/) [![Let’s Talk](https://no-cache.hubspot.com/cta/default/20472728/f27e5725-ac20-4a22-8db5-60c912879eb9.png)](https://cta-redirect.hubspot.com/cta/redirect/20472728/f27e5725-ac20-4a22-8db5-60c912879eb9) - [Energy as a Service](https://www.budderfly.com/energy-service/) - [Equipment](https://www.budderfly.com/energy-service/equipment/) - [Smart Technology Monitoring](https://www.budderfly.com/our-technology/) - [How We Innovate](https://www.budderfly.com/energy-service/how-we-innovate/) - [Measuring & Billing Technology](https://www.budderfly.com/energy-service/measuring-billing-technology/) - [Who We Serve](https://www.budderfly.com/the-budderfly-effect/) - [Restaurants](https://www.budderfly.com/the-budderfly-effect/fast-casual-restaurants/) - [Corporate & Enterprise](https://www.budderfly.com/the-budderfly-effect/enterprise/) - [Hospitality](https://www.budderfly.com/the-budderfly-effect/hospitality/) - [Healthcare & Fitness](https://www.budderfly.com/the-budderfly-effect/healthcare-fitness/) - [Schools & Universities](https://www.budderfly.com/the-budderfly-effect/schools-universities/) - [Retail](https://www.budderfly.com/the-budderfly-effect/chain-retail/) - [Convenience Stores](https://www.budderfly.com/the-budderfly-effect/convenience-stores/) - [Manufacturing](https://www.budderfly.com/the-budderfly-effect/manufacturing/) - [Resources](https://blog.budderfly.com/) - [Blog](https://blog.budderfly.com/) - [Case Studies](https://case-studies.budderfly.com/) - [Customer Testimonials](https://www.budderfly.com/resources/customer-testimonials/) - [Thought Leadership](https://info.budderfly.com/) - [News](https://news.budderfly.com/) - [About](https://www.budderfly.com/about/) - [Executive Team](https://www.budderfly.com/executive-team/) - [Leadership](https://www.budderfly.com/leadership/) - [Board of Directors](https://www.budderfly.com/board-of-directors/) - [Mission](https://www.budderfly.com/about/mission/) [Careers](https://omsbdrflyprd.wpengine.com/careers/) [![Portal Login](https://no-cache.hubspot.com/cta/default/20472728/b14da822-cd99-48ce-b039-a18781490a06.png)](https://cta-redirect.hubspot.com/cta/redirect/20472728/b14da822-cd99-48ce-b039-a18781490a06) # Budderfly News This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. ## Gokul Reddy #### [Company Statement and Position on Coronavirus](https://news.budderfly.com/covid-statement) Mar 31, 2020 04:47:52 PM What is Coronavirus Coronaviruses are a type of virus. There are many different kinds, and some… [Read More](https://news.budderfly.com/covid-statement) #### [Construction Tech Review: Budderfly's “Unprecedented” Approach To Energy Management Recognized](https://news.budderfly.com/press-release/construction-tech-review) Mar 23, 2020 02:29:18 PM SHELTON, CT – March 23, 2020 – Budderfly, a leading provider of innovative energy management and a… [Read More](https://news.budderfly.com/press-release/construction-tech-review) #### [Budderfly Growth Hailed By CT Business Community](https://news.budderfly.com/press-release/budderfly-growth-hailed-by-ct-business-community) Mar 19, 2020 02:58:29 PM [Read More](https://news.budderfly.com/press-release/budderfly-growth-hailed-by-ct-business-community) #### [Fast-Growing Energy Management Company Intends to Turn the Public Sector Green.](https://news.budderfly.com/fast-growing-energy-management) Mar 18, 2020 09:57:12 AM Shelton, CT – March 18, 2020 – Budderfly, a leader in the rapidly-growing field of energy… [Read More](https://news.budderfly.com/fast-growing-energy-management) #### [Budderfly Recognized as a Top Energy Startup](https://news.budderfly.com/press-release/budderfly-recognized-as-a-top-energy-startup) Mar 14, 2020 03:41:34 PM Budderfly Top 10 Press Release [Read More](https://news.budderfly.com/press-release/budderfly-recognized-as-a-top-energy-startup) #### [CT Insider Praises Budderfly's Revolutionary Financing Model](https://news.budderfly.com/press-release/ct-insider-praises-budderflys-revolutionary-financing-model) Oct 19, 2019 04:15:15 PM BRIDGEPORT, CT – October 19, 2019 – Budderfly Inc. (budderfly.com), a leading provider of energy… [Read More](https://news.budderfly.com/press-release/ct-insider-praises-budderflys-revolutionary-financing-model) #### [Subbloie’s Budderfly raises $55 million](https://news.budderfly.com/budderfly-raises-funding-new-haven-biz) Jun 26, 2019 04:58:16 PM [Read More](https://news.budderfly.com/budderfly-raises-funding-new-haven-biz) #### [Budderfly Secures $55M Funding](https://news.budderfly.com/budderfly-secures-funding) Jun 25, 2019 07:28:26 AM [Read More](https://news.budderfly.com/budderfly-secures-funding) #### [500th Facility Contracted](https://news.budderfly.com/500th-facility-contracted) Nov 13, 2018 08:27:51 AM [Read More](https://news.budderfly.com/500th-facility-contracted) #### [100th Facility Contracted](https://news.budderfly.com/100th-facility-contracted) May 01, 2018 09:07:16 AM [Read More](https://news.budderfly.com/100th-facility-contracted) [Prev](https://news.budderfly.com) [1](https://news.budderfly.com) [2](https://news.budderfly.com/author/gokul-reddy/page/2) [3](https://news.budderfly.com/author/gokul-reddy/page/3) [Next](https://news.budderfly.com/author/gokul-reddy/page/3) [![Budderfly Effect](https://news.budderfly.com/hs-fs/hubfs/raw_assets/public/Budderfly_December2023/images/cta-budderfly-effect.jpg?width=320&height=121&name=cta-budderfly-effect.jpg "Budderfly Effect")](https://www.budderfly.com/the-budderfly-effect/) [![Contact Us Today](https://news.budderfly.com/hs-fs/hubfs/raw_assets/public/Budderfly_December2023/images/cta-contact.jpg?width=320&height=121&name=cta-contact.jpg "Contact Us Today")](https://www.budderfly.com/lets-talk/) ### Recent Posts #### [5 Key Insights About How Sustainability Impacts Business Performance](https://blog.budderfly.com/new-york-climate-week-leadership-impact-forum-al-subbloie) Oct 01, 2026 09:59:48 AM #### [What Is Holding Back the Energy Transition? 10 Challenges Facing Building Owners](https://blog.budderfly.com/what-is-holding-back-the-energy-transition-10-challenges-facing-building-owners) Sep 25, 2026 09:05:54 AM #### [CapEx, Debt, or EaaS? The CFO’s Guide to Energy Upgrades](https://blog.budderfly.com/cfo-guide-off-balance-sheet-energy-upgrades-eaas) Sep 14, 2026 10:02:49 AM ### Contact us Email: [info@budderfly.com](mailto:info@budderfly.com) Phone: [(855) 659-4190](tel:(855)%20659-4190) Address: 2 Trap Falls Road, Suite 300 Shelton, CT 06484 ### Get updates straight to your inbox: Subscribe to receive regular updates straight to your inbox. [![Budderfly](https://news.budderfly.com/hubfs/raw_assets/public/Budderfly_December2023/images/logo.svg "Budderfly")](https://omsbdrflyprd.wpengine.com/) 2 Trap Falls Road, Suite 310 Shelton, CT 06484 [(855) 299-1334](tel:855-299-1334) [![Contact Us](https://no-cache.hubspot.com/cta/default/20472728/a6496eea-1348-4b02-942b-42039cf68f2c.png)](https://cta-redirect.hubspot.com/cta/redirect/20472728/a6496eea-1348-4b02-942b-42039cf68f2c) - - - - - - [Energy as a Service](https://omsbdrflyprd.wpengine.com/energy-service/) - [Who We Serve](https://omsbdrflyprd.wpengine.com/the-budderfly-effect/) - [Resources](https://omsbdrflyprd.wpengine.com/resources/) - [Blog](https://blog.budderfly.com/) - - [In the News](https://news.budderfly.com/) - [Case Studies](https://case-studies.budderfly.com/) - [About](https://omsbdrflyprd.wpengine.com/about/) - [Careers](https://omsbdrflyprd.wpengine.com/careers/) [![Inc 5000 Logo](https://news.budderfly.com/hs-fs/hubfs/raw_assets/public/Budderfly_December2023/images/inc500-278x278.png?width=165&height=500&name=inc500-278x278.png "Inc 5000 Logo")](https://www.budderfly.com/) © 2026 Budderfly - [Privacy Policy](https://omsbdrflyprd.wpengine.com/privacy-policy/) - [Accessibility Statement](https://omsbdrflyprd.wpengine.com/accessibility-statement/) - [Sitemap](https://omsbdrflyprd.wpengine.com/sitemap/) - [Patents](https://omsbdrflyprd.wpengine.com/patents/) [![Portal Login](https://no-cache.hubspot.com/cta/default/20472728/b14da822-cd99-48ce-b039-a18781490a06.png)](https://cta-redirect.hubspot.com/cta/redirect/20472728/b14da822-cd99-48ce-b039-a18781490a06) ```json { "@context" : "https://schema.org", "@type" : "FAQPage", "mainEntity" : [ { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Gyms often run long hours, have high ceilings, and carry heavy humidity loads from showers and workouts—forcing HVAC and ventilation to run harder than most businesses." }, "name" : "Why is my gym’s electricity bill so high compared to other businesses?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Lighting can be a major slice of a gym’s energy use. LEDs cut lighting consumption significantly and reduce heat, which can also lower air-conditioning demand." }, "name" : "How much can LED lighting actually save a fitness center?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Yes—some models (like Energy-as-a-Service) fund high-efficiency HVAC replacements upfront and are paid back through measured energy savings instead of CapEx." }, "name" : "Can I upgrade my gym’s HVAC without a huge upfront payment?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Pools can drive energy costs due to constant filtration and heating. Variable-speed drives plus smart monitoring can reduce pump and heating energy without sacrificing comfort." }, "name" : "How do swimming pools impact energy costs?" }, { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Peak demand charges are based on your highest usage spike in a billing cycle. Monitoring and load management can help smooth spikes and reduce demand-related costs." }, "name" : "What are \"Peak Demand\" charges and how do gyms avoid them?" } ] } ```