Business Energy Guide 2012
Making the Transition Helping Hawaii's Businesses Become Energy Efficient
By: Sherie Char
(page 5 of 8)
“By adding renewable energy into the mix,
Achieving Exceptional Cost Savings
Hawaii businesses pay the highest utility rates in the nation. Unlike other states, electricity rates are tied to the price of oil and may double over the next decade.
Solar power makes sense, but starting with efficiency is king when it comes to saving businesses money. There are but a few Hawaii companies addressing both efficiency and renewable energy generation. Energy Industries is one of the largest.
“For businesses in Hawaii, energy is a huge expense,” says Miles Kubo, chief operating officer for Energy Industries Corp. “Most are significantly overpaying for energy wasted through inefficiency. By eliminating waste, businesses can reduce expenses and increase net profits.”
Photo: Courtesy of Energy Industries Corp.
Energy Industries specializes in energy-efficiency and renewable energy for commercial, industrial and institutional sectors. Headquartered in Honolulu, it provides a full range of energy management solutions here, in California, Washington, Oregon, Idaho and Guam.
Energy Industries recently completed an energy overhaul of Castle Medical Center that is estimated to save over 1,000,000 kilowatt hours annually, and will result in several hundred-thousand dollars of cost savings for the hospital each year.
Energy Industries retrofits outdated building systems so companies eliminate inefficient equipment and consume less energy. Comprehensive retrofits include air conditioning systems, lighting, boilers, pumps, motors and other technologies. The company specializes in hospitality, commercial, health care and industrial markets. They also work with nonprofits to conserve and produce energy.
Energy Industries designs and installs PV systems to complement energy efficiency programs, further reducing a company’s use of grid power.
In conjunction with the retrofit, our technical team, headed by Duane Ashimine, designs a PV system that is right-sized for the business needs and reduces reliance on grid power, said Kubo.
“By adding renewable energy into the mix, Hawaii’s businesses can reduce their payments for utilities, which in turn helps the utility company meet the growing demand from new construction,” he says. “This also helps the environment by reducing fossil fuels needed to power the state.”
Energy Industries helps both corporate and nonprofit clients take advantage of incentive programs and navigate financing for power purchase agreements (PPAs). Typically, a private investor owns the PV system at the nonprofit organization’s location and uses the tax benefits; then, sells the power to the nonprofit at a discounted price below utility company rates.
Energy Industries recently worked with Easter Seals Hawaii and Bishop Museum to set up PPAs. The Bishop Museum PV system is expected to save the nonprofit organization more than $750,000 over the 20-year period.
“Energy Industries makes sure each energy conservation measure is right for the facility, vetting out questionable technologies,” says Kubo. “We combine efficiency and renewable energy measures that routinely outperform standard PV projects.”
Energy Industries’ founder Darren Kimura also founded Sopogy, a concentrated solar thermal technology that was incubated in Energy Laboratories, the research and development division of the Energy Industries family of businesses.
Energy Industries offers a range of energy programs that are self-funding, where energy savings pay for capital improvements and the cost of financing. These include auditing, design/engineering, construction, monitoring/verification, rebate acquisition and financial analysis for equipment financing.
“This one-stop offering makes it possible for our clients to implement complicated energy retrofits projects without having to coordinate with a dozen or more consultants and vendors,” says Kubo. “We make it as convenient as possible for our customers.”
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