Belleville, New Jersey (PRWEB) March 11, 2014
With energy costs eroding profits at an ever-escalating pace, building owners and managers attending the BuildingsNY Show on March 19-20 at the Jacob Javits Convention Center in New York City will be looking for answers and alternatives to dependency on the U.S. grid. One of the highly anticipated speakers at the event will be Cogeneration energy expert Paul Errigo, who will be making the case for CHP — a proven technology that converts gas into both electricity and heat.
“Once building owners grasp how easy and cost effective it’s become to tap into CHP power ‘in house,’ the decision to choose Cogeneration becomes a relatively easy one for most building professionals,” said Errigo, director of business development for GREENCROWN Energy LLC — a full-service energy consulting company specializing in energy supply cost reduction and turnkey cogeneration systems development.
One of the biggest “knocks” against cogeneration in the past, he explained, was the amount of building space required to accommodate a CHP plant. “Today, virtually any building in the city already has the room without needing to make any significant modifications,” Errigo noted. “We’re confident that once building owners, property managers, architects, engineers and LEED professionals hear all of the details about cogeneration — including its impact on services, reliability and budgeting, and the very generous government incentives — they’ll believe as we do that the future for Cogeneration is now.”
According to Errigo, the numbers speak for themselves in the argument for Cogeneration. “Cogeneration enables a building to cut its total energy costs by 40 to 50 percent, without having to worry about power outages — something, for example, that is especially essential to hospitals and high rise buildings,” he said. “In the majority of cases, our GreenCrown Energy experts are also able to leverage government incentives and strategic partnerships to further maximize energy savings through various strategies and special programs.”
The popular Power Purchase Agreement available through Green Crown Energy is one such program, he pointed out. “This groundbreaking program enables building owners to enjoy all of the benefits of Cogeneration with absolutely no capital outlay or ongoing operating costs," Errigo said. "The beauty of the GreenCrown Power Purchase Agreement is that the client pays only for the energy used, which helps to free up cash flow and make forecasting much easier. It’s ideal for not for profit entities that cannot use the tax incentives, such as hospitals, nursing homes, high-rise residential buildings, schools and universities. Many for profit entities also choose a PPA to preserve capital.”
The most efficient power plants in the country achieve no more than 60 percent efficiencies, he added, but CHP systems routinely achieve efficiencies of 80 percent and higher. “Not only will businesses benefit from big cost savings and more predictable prices year after year, they will also be known for using a ‘green,’ environmentally friendly way to provide heat and cooling for their buildings,” he said.
Errigo believes that BuildingsNY Show attendees will want to know the “nuts and bolts” behind generating electricity on site, such as how capturing “waste heat” can be used in a variety of cost-cutting applications. “When we explain how wasted heat is harnessed and turned into useable energy, you can see the light bulbs go off in the room," he observed. “Buildings just pay for one fuel source – natural gas. Natural gas produces both electrical and thermal energy, which can be used for electricity, hot water, heat, and even cold water for cooling through an absorption chiller.”
“Whether a professional is a member of the Associated Builders and Owners, the Building Owners and Managers Association of New York, the American Institute of Architects, or the New York Associates of Reality Mangers – the issues surrounding energy costs in the city are the same – how can cogeneration eliminate the immediate concern of a sudden, citywide power outage while providing power they can more predictably budget?”
For those interested in learning more about CHP, Green Crown Energy will also have a display at the BuildingsNY Show, booth #850. If you’re not able to attend the show, Errigo noted, “all a building owner or professional has to do is go to Greencrownenergy.com and give us a call, and we would be happy to share the good news about Cogeneration Power either in person, before a group or over the phone," he offered.
For more information about how to lower your company’s energy bills through cogeneration (CHP) or through various energy conservation measures, go to http://www.GreenCrownEnergy.com or call 1-877-308-2727 x 116.