Every building that we work with is a creative avenue in which we can integrate technologies that have been proven to reduce costs while maintaining the longevity of the building. Successful energy efficiency firms navigate local, state, and federal programs to help building owners reduce capitalization costs. Recently, Bright Power partnered with en-Power Group to conduct an investment-grade energy audit of a 16-story, 166-unit market-rate apartment building in Manhattan's Upper East Side. This luxury facility saw a reduction of 45% in energy use after updating the heating and cooling plant, heating controls and lighting systems. Bright Power was a key player in facilitating $115,000 from the New York State incentive program, reducing payback to just over six years. Annual energy savings for the first year after the retrofit was completed is an impressive $216,000 per year.
Savings of this magnitude can only be achieved by instituting an energy efficiency plan that determines the needs of each energy consuming system and then integrates optimal technologies to meet these needs. In the end, everyone can agree that six figure annual savings are pretty remarkable, and that Upper East Side luxury building is definitely more energy efficient.
Amalia Cuadra is manager of multifamily buildings, HVAC instructor, at Bright Power Inc., New York, N.Y.
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