Utilities Spend Optimization

/Utilities Spend Optimization
Utilities Spend Optimization2019-04-13T06:42:24+00:00

Average Yearly Savings Achieved: 5% to 15%

 

What we do: We are Insurance Experts who provide risk management & insurance advisory services operating both domestically and internationally

Deregulated Energy Procurement

Take advantage of our industry knowledge and experience and capture savings from third party gas and electric suppliers for less money than you are currently paying your providers.

Use trend and historic utility data to create a profile of your utility expenses and create a program customized to your facility needs.

Reduce demand charges by purchasing power on off-peak rates and minimize your risk. Load shapes provide the data needed to make intelligent energy procurement decisions.

Utility Bill Auditing and Tracking Program

Bill Audits

Verify utility bill accuracy and spot problems such as excessively high or low usage and kW, missing bills, and abnormal dates.

 

Rate/Tariff Analysis

Compare current utility billed rates to alternative rate schedules.

Account & Meter Tracking

Track any commodity, level and type of bill detail and track standard and deregulated bills (separate LDC/supplier charges).

Cost Avoidance (M&V)

Calculate the savings attributable to energy management by comparing current bills with a normalized baseline year.

Benchmarking Charts

Rank and compare buildings which will highlight outliers (abnormal usage, buildings and bills) and prioritize energy conservation efforts.

Normalization

Normalization allows us to compare month-to-month and year-to-year utility bills on a common basis.

Use vs. Weather

Normalize data for month to month and year to year comparison based on degree day adjustments.

ENERGY STAR Benchmarking

Submit to EPA’s Portfolio Manager to obtain ENERGY STAR energy efficiency ratings for buildings.

Energy Efficiency

Energy Efficiency + Incentives + Rebates = $$$

Take advantage of the state, local utility company and federal programs to modernize your facility while greatly reducing your energy costs.

There has never been a better time to upgrade your infrastructure with huge federal tax deductions for replacing equipment and implementing some of the following energy conservation measures:

Kitchen Hood Controls

Modulating fan controls to greatly reduce heated and cooled exhaust air from being discharged when not required.

Ozone Laundry zones

Displace hot water usage, chemicals and reduce drying time in any commercial laundry by installing a Ozone Laundry Solution.

Lighting Retrofit

Everyone knows T-12 lamps and incandescent bulbs are a thing of the past. Low wattage fluorescent lamps and LED solutions will reduce your lighting cost up to 80%!

HVAC and Refrigeration

install demand based ventilation systems, variable frequency drives, high efficiency boilers and chillers to reduce your largest direct operating expense and increase the retained asset value of your building.

Water Conservation

Install low flow toilets, shower heads, sink aerators, water reclamation systems saving hundreds of thousands of gallons of water and sewer expenses annually.

Cogeneration (COGEN)

Generate you own power on-site for less than you can buy it!

Cogeneration, Cogen or Combined Heat and Power have been used by utility companies and small central utility plants for more than fifty years. Now small 70 KW to 1000 KW natural gas engines and micro turbines can save you hundreds of thousands of dollars per years.

Get free heat and chilled water from your Cogen unit while making electricity for less than you can buy it.

100 KW – Financial Model (100,000 sq. ft. nursing home)

Installation Price: $410,000
NJ Clean Energy Rebate: -$123,000
Federal Improvement Tax Credit: -$41,000
Accelerated Bonus Depreciation 1st year: -$82,000
Subtotal: $164,000
Annual Annuity Savings: $58,000
Return on Investment: 2.82 yrs.
Internal Rate of Return: 35%
10 Year Positive Cash Flow: $416,000