Taking Advantage of Available Energy Efficient RebatesLast updated on: February 26th, 2020 at: 04:43 pm
Taking Advantage of Available Energy Efficient Rebates
Energy efficiency is a growing area of concern for manufacturers and consumers alike. Engineers are looking to improve machines’ ability to use energy. Those who are seeking to purchase equipment look to save money for their organizations via reduced energy bills. Both parties have an interest in encouraging the development of products that help reduce impact on our environment.
If you’re looking to purchase an air compressor for your company, you’ll want to be aware of resources that alert you to federal and state government rebates that promote the purchase of energy efficient products. Let’s take a look at a few of them to determine how they can save you money and promote environmental conservation.
DSIRE — The Database of State Incentives for Renewables & Efficiency
DSIRE is a very helpful research tool that offers location-specific searches for energy efficient incentives offered at the state level. Simply enter a zip code or click on a state to get a complete listing of all of the programs available to you. When you find something you like, click on it, and details will appear about what you can do to take advantage of the offering in question.
Much like DSIRE, Energy.gov offers a search feature that can help you find location-specific incentives that promote energy efficient practices. Select your state from the drop-down list to view an array of programs in your area. Filters are included allowing you to sort by eligibility and savings category.
Why Pursue Energy Efficiency Rebates?
There are two prominent reasons why pursuing energy efficiency rebates are a bright idea for your organization. First, energy efficient equipment can help save you money on your utility bills. Next, energy efficient machines place less strain on our natural resources, preserving them for future resources and keeping the threat of climate change at bay.
The total life cycle cost you can use to calculate an equipment purchase is:
True Life Cycle Cost = Purchase Price + Energy Costs + Parts & Service + Additional Factors
Note that energy costs are a significant variable. Even if a machine has a higher-than-average purchase price, it can be offset by utilizing energy efficient features. Energy prices are subject to wide fluctuation, so doing what you can to minimize the expense from the start is a smart move.
Curious to Know Your Air Compressor System’s Efficiency Quotient? Quincy Compressor Can Help
Quincy Compressor offers an efficiency quotient analysis to help you determine how well the air compressors in your facility process energy. We’ll start with a free plant walkthrough and a preliminary EQ analysis that will help determine where cost savings can be attained. We’ll conclude with an evaluation and action plan for how you can lower your operating costs.
Alternatively, you’re welcome to use our self-analysis worksheet to complete an EQ inspection on your own.
Quincy Compressor: Energy Efficient Air Compressor Solutions
Quincy Compressor has long maintained a reputation for manufacturing durable, energy-efficient air compressors for a wide variety of professional applications. Many Quincy compressors are already eligible for rebates, and new compressor models are more efficient than ever.
To learn more about how our products can save your organization money and preserve natural resources, contact us today.