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The Question: “How can we afford to “Go Green?” The Answer: “You can’t afford not to!”

As companies and institutions everywhere are asking, “How can we afford to go green?” Others have learned that the real question should be, “How can we afford not to?” Between the savings from energy efficiency, government incentives, rebates and well structured financing and lease options, energy projects can be excellent investments rather than daunting expenses.

By taking a carefully planned “whole facility” approach, companies can target both the “low-hanging fruit” (such as lighting upgrades and maintenance solutions) and a combination of other equally significant and cost effective solutions (such as available technologies to improve the efficiency of HVAC, refrigeration, equipment loads, etc) to achieve substantial returns. The efficiency gained across multiple load categories will amass to very significant reductions in overall energy consumption and costs. Often, these savings can help to fund more expensive, longer term solutions. Experts all agree that increasing energy efficiency is the most important and financially prudent step any business can take in “going green”. By reducing demand and consumption first, the scope and cost of secondary phases (such as adding renewable energy sources) can be better controlled.

Many government and utility programs have been designed to reward companies following just such an approach. For example, New Jersey’s Pay for Performance program returns up to 100% of the money spent for design and 50% of the money spent for implementation which significantly reduces payback time and increases R.O.I.

Furthermore, equipment lease or rental agreements can be used to eliminate out of pocket and capital expenditure costs and immediately enrich cash flow. Structured properly, these agreements cover the entire project cost and have such low monthly costs that they are off-set by the savings. In other words, the monthly energy savings outpace the monthly lease payments creating additional, immediate, unexpected cash flow and profit for the facility.

In addition to cost concerns, companies are often interested in knowing how energy reduction programs will affect their operations. A professional, well designed system should improve lighting quality, enhance occupant and employee comfort, reduce wear and tear on system components and improve equipment performance.

So again, the answer is, “You can’t afford not to go green”.

Save Money On Your Company’s Energy Bill, visit Energy Edge Technologies site for strategies on saving a tremendous amount of capital on your Corporate Energy Bill or call 888-729-5722 Ext. 100.

categories: Save energy money,How to save energy,Save money on electricity,Free energy,Hotel energy management,Hotel energy,Hospital energy,Industrial energy efficiency,Industrial energy conservation,Office building energy,Supermarket energy,Grocery store energy

Many businesses have implemented energy efficiency measures in their facilities over the past several years to help decrease operating expenses and aid the local and global environment. What a lot of these companies do not know is that sizeable federal tax deductions are available to them and also that time may be running out.

The Energy Policy Act of 2005 (EPAct 2005) provides generous, immediate tax deductions to businesses for making energy efficiency improvements to their buildings. The federal tax incentives center mainly on efficiency improvements to lighting, HVAC and building envelopes and can be as large as $1.80 per square foot.

The Emergency Economic Stabilization Act of 2008 extended Section 179D and EPAct 2005 so the act will not expire until December 31, 2013. However, that does not mean that time may not be running out for some companies.

For businesses that implemented energy efficiency projects in 2006 it is probable they filed their tax returns before April 15, 2007. If they were unaware of the deductions at that time, they are now at risk of losing those tax deductions forever since the IRS only allows a three year period to amend tax returns.

That means if you have not yet amended your 2006 tax return you have only a few months left to do so!

As an electrical contractor working with commercial and industrial customers you certainly have been thinking about ways to increase your sales and likely how to better utilize your current book of business to that end. You have also most likely been approached by your current customers asking what they can do to reduce their energy costs.

Have you thought about a strategic partnership with an experienced engineering firm that specializes solely in turnkey, energy cost reduction projects on a national level? One that can bring whole facility energy solutions to the table for you and your customers? A company that can provide a fast payback and increase cash flow for your customer?

Bringing in such a company will grow your business as you will be the one who is sub-contracted by the engineering firm to provide the installation services under their management and direction. You can use this approach over and over again with all of your customers and doing so will not only increase your revenues exponentially, it will also transform your customers’ impression of you from simply another vendor to that of a valued consultant.

Save Money On Your Company’s Energy Bill, visit Energy Edge Technologies site for strategies on saving a tremendous amount of capital on your Corporate Energy Bill or call 888-729-5722 Ext. 100.

categories: Save energy money,How to save energy,Save money on electricity,Free energy,Hotel energy management,Hotel energy,Hospital energy,Industrial energy efficiency,Industrial energy conservation,Office building energy,Supermarket energy,Grocery store energy