Is your company/organization looking for ways to increase your bottom line and use sustainable energy? If so, Cogeneration or Combined Heat and Power (CHP) may be right for you.
Cogeneration, or Combined Heat and Power (CHP), is one of the major technologies that support energy conservation efforts. As the term itself implies, the technology involves the simultaneous production of electricity and heat from a single fuel source. The fuel source could be natural gas, biomass, biogas, coal, waste heat, or oil. Cogeneration isn’t about just one technology but an integrated energy system that is flexible enough so that it can be tailored to the needs and peculiarities of each client or user.
Cogeneration provides a wealth of benefits, most of which is financial. In the correct application, CHP typically:
- Has a ROI of 5 years or less
- It reduces energy costs by approximately 50%
- Incentives can pay for up to 50% of the project investment
- Provides Clean, Green, on-site Stand By Power – Never Lose Power
- Reduces your carbon footprint
- Saves wear and tear on your existing equipment
Energy Intensive Companies
If your company has intensive use hot water, steam, or chilling in the operation of your business, you are an ideal candidate for Combined Heat and Power. Companies or Industries who benefit the most are:
- Commercial buildings: Hospitals/nursing homes, hotels and casinos, airports, large office buildings
- Residential buildings: High Rise Residential with 100 units or more. A central chiller and/or an indoor pool is a huge bonus.
- Industrial manufacturers: Pharma, Chemical, refining, ethanol, pulp and paper, food processing, glass manufacturing – the key is the use of hot water, steam, or chilling.
- Institutions: Colleges and universities, hospitals, prisons, military bases
- Municipal: District energy systems, wastewater treatment facilities, K-12 schools
It’s time for your company to know for sure if Cogeneration is right for you. Contact GREENCROWN Energy today for a FREE SITE SURVEY and get your company on the road to energy efficiency and cost savings.