The decision to invest in this system was made easy by the great rebates we got from Con Edison
Flushing, NY (PRWEB) October 25, 2011
The Holiday Inn Express at LaGuardia Airport took a step forward in its goal of going “carbon neutral” by becoming one of the first hotels in the Holiday Inn chain to install an energy management system. The hotel was advised by energy consulting firm Green Energy Solutions, a Con Edison market partner, to install in-room monitoring systems and HVAC controls that they project will save them 18.2% in energy costs, or $13,493 each year.
“The decision to invest in this system was made easy by the great rebates we got from Con Edison,” said Amit Ghandi, president of M&R Hotel Management Group, the entity that owns the hotel. Almost 50% of the project cost was subsidized by rebates from Con Edison, who offer project subsidies and other incentives to buildings who have approved the installation of energy management systems to lower energy demand.
Intelligent Energy Efficiency = Greater Savings
From initial testing, the hotel is projecting 18.2% in energy cost savings each year, primarily due to a lower demand on HVAC-related energy. The way they achieve such great savings is simple - cutting down on wasted energy - but the technology that makes the idea a reality is not as simple. The system that they have installed uses specially designed thermal and motion sensors to detect occupancy. Each sensor is tied in with a custom circuit board that interfaces with the buildings’ existing HVAC system. The end result is that when a hotel guest leaves for a predetermined amount of time (the hotel management decides how long) the HVAC system automatically goes in to “conservation mode,” cutting the energy demand to the empty room.
“The heating and cooling cost is normally the largest portion of a buildings’ energy bill,” said Joseph Fusaro, president of Green Energy Solutions. “In the case of a hotel, you have guests who check in, drop their bags, and then go out to do some sightseeing or whatever it is that they came in to town to do - but they are only in the room a fraction of the time. By utilizing an energy management system like ours, it drastically cuts the HVAC demand to empty rooms.”
Projected Investment in Energy Management to Top $10 Billion by 2016
A recent U.S. Department of State podcast cited “green” investment to be “the greatest commercial opportunity in history” which is evident in the exploding number of “cleantech” projects that have sprung up over the past decade - and it doesn’t look like the industry will be slowing down. Market research predicts that energy management will be one of the fastest growing industries for the next five to ten years, with projections of $10 billion in energy management investments by the year 2016. Newer systems and technology, like the one being utilized by the Holiday Inn Express, combined with the favorable rebates offered by utility companies as well as the government, make it a “perfect storm” for energy management investment.