With over 600 installations on our resume and 6 years of experience in supporting the structure and implementation of various state and utility rebate programs, IoT Energy is ready to assist your company with your specific energy and financial needs. As a team of experts that has accommodated a variety of clients in different fields, we are happy to help facilitate your utility rebates!
If you keep paying for your utilities, without considering a more cost-effective system, then it is time to think twice and ask the experts at IoT Energy for their invaluable services, bringing you closer to optimal savings.
It is not a secret that utility incentives play a role in supporting many energy efficiency projects across the globe. With ever-increasing energy requirements, efficiency incentives are frequently used by utilities to help customers implement measures that reduce overall demand. While it may seem counter-intuitive that the entities selling power are helping customers use less of it, the reason is simple: it is far less costly to reduce energy consumption than to build additional generation capacity, be it coal, nuclear, wind, solar, etc.
A not-so-well-known element of these programs was recently identified in a market forecast by a long-time analyst at North American group . It was predicted that, sometime in the future, utility incentives will drive millions in smart building technologies, ensuring the long-term viability of energy efficiency measures.
For utilities, “smart building” technology deployment is a secondary goal of the programs; the primary goal is load reduction. Serendipitously, smart building technologies are bolstered by the available efficiency programs, delivering both short- and long-term benefits. In the short-term customers and utilities benefit from reduced energy use. In the long-term, these steps toward a smart building infrastructure enable ongoing improved operations.
Energy-efficient lights reduce electricity bills, lower peak-load charges, offer rapid project payback, and deliver an attractive return on investments. You get your money’s worth, with excellent light and compelling savings, with smart building technology included. The smart system enables high levels of energy savings and a host of new capabilities that provide additional dividends in the installations for years to come. You can expect incredibly significant savings.
- Lighting: $15- $250 per unit
- Daylight sensors: $50
- Water Cooled Chillers: $15/ton
- Variable Displacement: $60 per HP
- Variable Speed Drive: $95 per HP
- Refrigerated Dryers: $6 per CFM
- Storage Tanks: $2-$3 per gallon
- Cool Roof: $0.20 per sq foot
- Room Air Conditioners: $200 per ton
- Ductless Mini-Split AC: $600
- Air Cooled AC: $400
- Geothermal Heat Pumps: $1,500 per ton
- Ductless Mini-split Heat Pumps: $600 per ton
- Commercial Kitchen Equipment: $30-$750
- Variable Frequency Drivers: $800- $6,000 (based on HP)
- Custom: Varies Widely
- New Construction: Slightly varied from existing building incentives
Utilities originally became economic linchpins by virtue of the safe and reliable delivery of power to operate life-changing appliances and devices. Utilities can continue to thrive as long as they have a strategy for providing value to customers based on insight from the data that will come from an increasing number of connected devices. Situational intelligence applications are a proven strategy for analyzing multiple sources of data in real time and delivering insights that drive improved service on behalf of all stakeholders in each utility.