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Home » In the News » Insyte Newsletter » July-August 2010 » Reduce Costs & Conserve Energy with NYSERDA Reduce Costs & Conserve Energy with NYSERDAHow much do you spend on gas and electric to run your business? Are your energy costs out of control? Did you know that you can dramatically save? The New York Energy Research & Development Authority (NYSERDA) has a wide range of programs and related incentives to help Western New York manufacturing companies conserve energy and realize substantial savings in utility costs. Assistance is available for both new construction and existing facilities. Eligibility is generally available to companies whose combined electric and gas utilities exceed $75,000 annually and who pay the system benefit charge (this is an amount charged by public utilities and is a line item on the billing statement). Flexible Technical (FlexTech) Program:This is a comprehensive, customized energy study intended to identify specific opportunities to reduce energy usage and expense. Pre-Qualified Incentives:This program provides incentives up to $30,000 for specific energy efficient upgrades like lighting, HVAC, chillers, motors, refrigeration, etc. Performance Based Incentives:These tend to be larger investments in compressors, furnaces, boilers, water heaters and other heating equipment. The minimum project incentive is $10,000 and can be as high as 50% of the project cost up to a maximum of $5 million per project site within a two year period. Similar incentives are also available for new building construction and facility expansions. For new facilities the maximum incentive can be up to $5 million per site. Types of investments eligible include process improvement, waste reduction, cycle time reduction, compressors, motors, lighting and other productivity improvements. Many of the NYSERDA programs may complement and be compatible with other productivity activities pursued through Lean Manufacturing or Six Sigma. In general energy is embedded in every part, all scrap has an energy component and both rework and overtime demand additional energy usage. NYSERDA programs are funded by the System Benefits Charge (SBC) you pay with each utility bill. Make the SBC charges you pay work for your company! These NYSERDA programs are not competitive like the NYSERDA PON programs you may be familiar with. If you meet the eligibility requirements while the funding is available, you will qualify. Join us on July 29 and get started! For further information on this event or to discuss your specific energy situation and opportunity, give us a call at 716.636.3626. |
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