How much does it cost to improve my companies energy efficiency?

Utilizing the energy efficiency programs set up by the state and you utility company projects such as lighting retrofits can often be done with no capital outlay.

How long will it take for me to recoup my investment?

Projects such as lighting can have a payback period from 1-3 years. Many customers qualify for low or no interest loans.

How do we get started?

Simple, call Northeast Energy Designs & Solutions (NEEDS™) at 203-358-4965 and set up a meeting to discuss your goals and objectives. From that point on we do most of the work including managing the rebates and financing arrangements.

What is an energy audit?

An energy audit is a comprehensive profile of your current energy usage that results in recommendations for energy efficiency measures.

Does it pay for tenants to make energy efficiency improvements?

This depends on the terms and duration of the lease. If the tenant is responsible for the utility bills and the length of the lease is a few years longer that the payback period, then it usually make financial sense to do the improvements.

If my tenants are paying for there own utilities, why should I consider spending capital on the improvements?

While it is not always cut and dry, landlords should seriously consider assisting or at least encouraging tenants to make energy efficiency investments. As a landlord, helping your customers to manage costs can be very helpful in the retention and renewal of the tenants.

This is especially true when considering a renewable energy investment such as solar photovoltaics. A properly designed system can provide the tenants with a more manageable utility expense budget, low demand at critical times and if good state incentives are in place, it can make good financial sense for the building owner.

Does solar make sense for me?

First and foremost this question is answered by getting an accurate reading on how much sun your considered location receives. Ideally, the location will have a southern exposure without shading for the entire day.

The second most important factor in considering solar is financial. While some companies and/or individuals install solar as part of a sustainability effort, most are looking at it from a return-on-investment stand point.  The driving factors in solar are:

  • Federal tax incentives
  • State incentives (which vary in form)
  • Local incentives
  • Power savings or revenue
The incentives vary by state and can be in many different forms. The most enticing to system owners are in the form of Renewable Energy Credits which can lower the payback period down to as little as five years.

How do I know what my states incentives are?

The fastest way to find out what the incentives are in your state is to contact the states energy efficiency organization. While there are a number of websites that will give you an idea, it is best to confirm that the programs are accurate and still have funding available.