The old saying, “A penny saved is a penny earned”, applies when it comes to thinking about energy efficiency. Making infrastructure upgrades to reduce energy usage not only saves energy expense, but contributes to the “green” and carbon foot print reductions valued by many of America’s leading corporations.
Many local utilities offer incentives to assist customers in funding energy infrastructure upgrades. In addition, there are often state or federal tax credits.
Typically energy efficiency infrastructure projects include:
- New windows
- New lighting
- Added or upgraded insulation
- New more efficient HVAC
- New boilers
- New air compressors
- New process equipment
- Heat recovery systems
- Capacitor banks (power factor correction)
If you think energy efficiency may be a fit for your application, you should consider:
- Do you know your biggest consumers of energy? The 80/20 rule suggests starting with your biggest energy consumers first.
- Where can you make the biggest impact by reducing demand as well as energy?
- Will the life of energy efficiency upgrades match the life of your facility?
- When you are adding energy infrastructure consider how demand response capabilities can be incorporated.
- What local utility incentives are available?
- What state and federal tax credits may apply to energy efficiency?
- What state and federal tax credits may apply to new capital investment?
If energy efficiency projects look like a fit for your project, contact IEA and one of our experts can guide you through the project screening and development processes .
Financing / Ownership / Outsourcing
IEA can own, operate and maintain your energy efficiency project or provide a turnkey solution with asset management services to support ongoing operations and maintenance for projects owned directly by customers.