One of the industry’s most sought-after cogeneration energy experts, Paul Errigo, is scheduled to speak at the IREM Asset & Property Management Symposium, March 11, 2014. The popular one-day event will bring together over 300 of New York’s Property and Asset Managers of both office and multifamily buildings at the New York Academy of Sciences, 7 World Trade Center, from 8:00 a.m. to 5:45 p.m.
The IREM Asset & Property Management Symposium is known industry-wide as the only New York-centric event focusing on the performance of buildings, portfolios and staff. Errigo, director of business development for GREENCROWN Energy LLC, calls it an ideal opportunity to outline the latest developments in Cogeneration energy (CHP).
“Momentum is rapidly building for cogeneration in New York, New Jersey and all over the East Coast,” he said. “Once building owners and building management professionals are apprised of the facts concerning cogeneration – and how cost-effective it’s become provide electricity, heat, and cooling – we always have an attentive and receptive audience.”
Errigo will be representing GREENCROWN Energy LLC — a leading full-service energy consulting company specializing in energy supply cost reduction and turnkey cogeneration systems development. “With rising energy prices, the ever-present sector of blackouts and potential problems with the U.S. Grid, and the available government incentives to install, now is the ideal time for building professionals to consider CHP to provide electric and thermal energy in their facilities,” he said.
According to Errigo – who is an active member of the Environmental Protection Agency’s (EPA) CHP Partnership Program, NYARM, U.S. Green building Council, HFMA and other organizations – Cogeneration is a cost-effective solution to escalating energy costs and the unpredictability of the Grid. “Today’s CHP technology has progressed to the point where almost any building in the city can accommodate its own Cogeneration Plant,” he pointed out. “Once we show them the many financial and environmental advantages of CHP, most professionals are enthusiastic to take the next step.”
Errigo says that one of the most convincing numbers that “always gets everybody’s attention” is the amount of money that Cogeneration can save a business. “On average, CHP can actually slash total energy costs by 40 to 60 percent,” he pointed out. “Plus, building owners no longer have to worry about or deal with costly and potentially dangerous power outages — which is of paramount concern to high rise residential properties and hospitals, for example. We are typically also able to leverage government incentives and strategic partnerships to further maximize savings through various strategies and special programs.”
He also believes it’s vital to make cogeneration available and affordable to all building owners and management. With affordability in mind, he said that Green Crown Energy initiated what they call a Power Purchase Agreement (PPA). “This popular new program enables building owners to enjoy all of the benefits of Cogeneration with absolutely no capital outlay or ongoing operating costs,” he said. “The client pays only for the energy used, which is huge for cash flow, budgeting and forecasting. And it’s especially well- suited for high-rise residential buildings, hospitals, nursing homes, manufacturers, schools and universities… because many of them cannot use the tax incentives available.
“When you consider that the most efficient power plants in the country operate at about 60 percent efficiencies, and that CHP systems achieve efficiency rates of 80 percent and higher, Cogeneration practically sells itself,” he adds. “Professionals are amazed how easy and cost-effective it’s become to turn wasted heat into useable energy through CHP, which means they can finally rid themselves of out-dated boilers. And cogeneration is a no-brainer for buildings interested in backup power and lessening their carbon footprint.”
Errigo adds that for those professionals not attending the IREM Asset & Management Symposium, that GREENCROWN Energy LLC is always available to share its expertise on the topic. “All a building owner or professional has to do is go to Greencrownenergy.com, and from there it’s easy to reach us.”
For more information about how to lower your company’s energy bills through cogeneration (CHP) or for a free consultation, go to http://www.GreenCrownEnergy.com or call 877-308-2727 x 116.
This articles originally appeared on PRWeb.