Now more than ever, it’s important for businesses to incorporate energy efficiency into their operations. The benefits go far beyond a boost to the bottom line.
Cutting back on energy consumption reduces the amount of electricity that power plants have to make, which subsequently reduces the amount of natural gas and fossil fuels that are burned each day.
Energy efficiency supports our sustainability and helps to reduce greenhouse gas emissions. At Veridian, our Retrofit Program provides financial incentives to businesses to help them save money and save electricity while reducing their environmental impact.
Incentives of up to 50 per cent of project costs
Businesses that complete equipment upgrades can qualify for financial incentives worth up to 50 per cent of the project’s cost. That includes lighting upgrades, motor and heating installations, chiller replacements, new control systems and more.
Heating, cooling, and ventilation systems can represent more than 20 per cent of a plant’s energy costs. Upgrading fans and motors on heating, ventilation and air conditioning equipment can significantly lower energy costs.
Veridian customers are saving energy and money by installing high-efficiency motors equipped with variable-frequency drives (VFDs) that integrate automation into their plant’s manufacturing lines.
Others are upgrading process boilers and chillers to high-efficiency systems with VFDs that allow them to better manage energy demand as process demand decreases.
Those with building automation systems are realizing savings with proper set points on boilers, chillers, rooftop units/unitary AC systems, and lighting schedules.
Upgrade to LED lighting
LED lighting uses 75 per cent less energy than incandescent lighting. Businesses that upgrade to LED lighting experience shorter payback periods, lower maintenance costs and a decrease in operating costs.
And it’s not just about financial benefits and the impact on the environment. With any equipment upgrade, employee comfort levels improve significantly. For more information about how the Retrofit Program can help your business succeed, contact us today.