Lower Your Energy Costs for Hot Water and Power with a Carbon Neutral Solution

Businesses face the challenge of cutting expenses and enhancing profitability. For commercial and industrial enterprises, energy costs constitute a significant portion, reaching up to 70 percent of input expenditures. Furthermore, the expenses associated with electricity and natural gas have consistently increased over the years.

Organizations are progressively showcasing their pledges to decarbonization and energy efficiency, placing a high priority on minimizing Scope 1 and 2 emissions. However, due to constrained resources allocated to sustainability initiatives and heightened scrutiny regarding the actual advancements made, numerous companies face allegations of engaging in "greenwashing."

Decarbonization emerges as a significant policy focus in numerous states and cities, with a growing emphasis on reducing reliance on natural gas. The diminishing appeal of conventional energy generation technologies is influenced by apprehensions about grid reliability and compliance with air quality standards, such as those related to ozone attainment zones.

In today's commercial real estate market, properties equipped with renewable energy features are not only more attractive to potential tenants but also command higher lease rates. According to the U.S. Green Building Council, buildings that include renewable energy features can command lease rates 20% higher. The shift in tenant preferences underscores the significant return on investment that renewable features can offer property owners in a competitive landscape.

The renewable energy market in the United States is burgeoning, yet it is characterized by an overwhelming array of technologies and suppliers each purporting to offer environmentally friendly solutions. This saturation not only leads to confusion but also creates a marketplace that can be daunting for businesses to navigate. Amidst claims of sustainability and green innovation, it becomes imperative for businesses to seek out proven, tested solutions that reliably deliver on their promises.

Existing energy technologies address particular requirements but often overlook or have adverse impacts on other important priorities, leading to unintended consequences. For instance, conventional Combined Heat and Power (CHP) systems produce both heat and power, but this approach results in elevated emissions and additional operating expenses. In conventional power and heat generation processes without CHP, nearly two-thirds of energy is wasted.

Conventional energy generation technologies based on fossil fuels involve the operation of complex machinery that often incurs substantial costs. These costs are not limited to initial capital outlays but also extend to ongoing expenses like maintenance, fuel procurement, and environmental compliance. The U.S. Energy Information Administration highlights that the average efficiency of fossil-fueled power plants in the U.S. is about 33%, meaning two-thirds of the energy content of the fuel is lost, primarily as waste heat, representing not just an environmental challenge but also an economic one.

Renewable energy systems traditionally face challenges with long ROI periods, often stretching 20 to 30 years. This can deter investments due to the high upfront costs and variable returns dependent on fluctuating energy prices and available incentives. However, solar-based photovoltaic-thermal (PVT) systems, have become increasingly viable with advancements reducing the return on investment (ROI) periods to under 10 years.