Could there be a perfect solution with zero up front cost, three year return on investment, and visible reductions in green house gas emissions? Green Analytics, Inc. does this everyday, transitioning companies to be environmentally sustainable using energy efficiency solutions that are financed with zero up front cost. “This solution reduces energy costs by a minimum of 30% resulting in a return on investment in three years or less,” highlights Bobbi Klein, Director of Green Analytics.
Energy efficiency is often dismissed as a solution that is still adding to the current green house gas emissions and not a viable solution when compared to solar, wind, and other renewable energies. Non-profit organisations, such as the Carbon War Room, and Energy Efficiency Standards, a division of the Lawrence Berkeley National Laboratory and contracts with the US Department of Energy, have illustrated the large reduction potential of energy use (50%) in the building sector with energy efficiency measures.
“Our client specific energy efficient solutions go beyond the common building improvements of appliances and lighting,” Klein explains, adding that the majority of energy usage for companies, comes from cooling the building.
“If you take a data center and you watch it via thermal imaging, you see that there are hot zones going through the ceiling and cold air coming through the floor. Using thermal imaging, you can literally see the money seeping out through the ceiling. Anyone can understand that,” says Brandon Fletcher, CEO and co-founder of the Green Analytics. “We correct this by correcting the airflow patterns with an air circulation system that reduces energy use by 25-50% (dependent on the type of facility).”
Is it worth taking the risk?
When analyzing the financial risk behind green technology renovations whether it is any part of renewable energy sector, Fletcher reveals that companies are hesitant to pay up front for renovations due to the current economic recession. “Our success has been by getting the payback horizon so low that the finance guys are willing to overrule their normal conservatism. Our mantra is, ‘If it doesn’t pay back in three years or less, we’re not going to do it.’ That’s not to say there are not green initiatives that can pay back handsomely in five years, but we find it’s a lot easier when people overcome their fear if you can give them a three-year payback,” he says With such a short return on investment, the financial risk is eliminated and the benefits are immense.
By way of an example, Green Analytics recently completed the renovation of RDS Manufacturing in Broken Arrow, Oklahoma (US). The company installed an energy efficient lighting system as well as its signature Air Movers, a fan ventilation system that works alongside the current HVAC system, to reduce energy costs. “RDS Manufacturing is saving 38% of energy costs on lighting, and the entire renovation project will be paid back in just over two years,” reveals Klein.
Benefits immense
The question of ‘Who reaps the benefits?’ is often placed on the environment and little towards the company. With Green Analytics, Klein explains, not only is there a significant reduction in greenhouse gas emissions and policy compliance, but also the company sees immediate savings from its energy efficiency improvements. Additionally, the energy cost is reduced, and there are tax credit incentives and other utility company rebates for being energy efficient.
According the United States Environmental Protection Agency, 39% of total US carbon dioxide emissions are from residential and commercial buildings. Green Analytics knows how to reduce energy usage by 30%. “Which means our solution saves 11.7% of all US carbon dioxide emissions. Therefore, bringing us in compliance with the Kyoto Protocol,” claims Fletcher.
Those at Green Analytics are confident that solutions such as theirs are a significant step towards curbing climate change. “When the US is compliant to the Kyoto Protocol, it will allow other highly developed countries to follow suit, specifically China and India,” says Klein. “Lowering emissions will be a domino effect and improve the harmful effects of climate change. Benefits exist at all levels from the company to the environmental impact across the globe.”
Green Analytics’ mission is to create a sustainable environment for all and save companies money at the same time. It is committed to making 2015 the peak global carbon dioxide emission year, where the developed world’s emissions reduction is less than the growth of emissions in the developing world. “With the low risk, short return on investment, and numerous benefits, there is no reason not to ‘Go Green’ and seriously consider energy efficiency and Green Analytics, Inc.® as a manner to reducing emissions and combating climate change,” Klein ends.
Green Analytics finances projects so that the customer does not have to have any cash out-of-pocket to pay for more energy efficient measures. It only works on projects with a return of 33% per year to equal a three-year payback. This way the client improves energy efficiency without any extra expenses and save money long-term. After that, all the savings belong to the client.
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