RenewableEnergyStocks.com, an investor and industry news portal for the renewable energy sector, provides an exclusive overview on energy efficiency efforts, entitled ‘Practical experience reveals that energy is a firm’s third-highest cost’. Businesses are looking for the means to reduce costs, increase profits and satisfy ever-increasing demands to reduce greenhouse gas emissions and preserve the environment. Perspectives on how key businesses have adapted to new realities are offered by SmartCool Systems Inc., Distributed Energy Systems, The Dow Chemical Company, FuelCell Energy, Inc., and International Rectifier.
With America’s commercial business sector leading demand, the cost of providing energy to the nation’s business and residential consumers is expected to easily exceed $200 billion this winter.
George Burnes, President of SmartCool Systems Inc. (OTC.PK: SSCFF; TSXV: SSC), said recently that the primary driver towards commercial energy efficient technology is a desire to reduce operating costs. The Dow Chemical Company (NYSE: DOW), understanding the need for reducing consumer costs, is committed to helping consumers reduce their energy consumption by producing products that help lower electric bills while making a positive difference for the environment.
Distributed Energy Systems Corp. (NASDAQ:DESC) delivers power to end users looking to supplement their grids, allowing for more control over their electricity supplies. “Technology is helping to achieve differentiated quality of service in a way that really wasn’t commercially viable even five or 10 years ago,” described Walter W. ‘Chip’ Schroeder, President of DESC. FuelCell Energy, Inc. (NASDAQ: FCEL), also sees significant value in being able to control power usage and costs through on-site systems to ensure that efficiencies are realized.
International Rectifier (NYSE: IRF) anticipates energy savings through advancements in power management technology as the desire for energy-efficient products continues to increase.
Overview Excerpt: Practical experience reveals that energy is a firm’s third-highest cost
By John Hurst,
George Burnes, President of SmartCool Systems, Inc., explains “Recent geo-political instability in major fossil fuel producing regions has only served to increase public demand within North America to reduce dependence on fossil-fuelled electricity generation. This has resulted in cash and tax incentives being offered by utilities and local governments in many states and provinces to encourage industrial, commercial and institutional users to reduce electricity consumption through the installation of energy savings equipment.”
Steven P. Eschbach, spokesman for FuelCell Energy, Inc added that a powerful driver is the reduction of greenhouse gases. “Again, getting the high efficiency back into the equation, the more efficient you are, the less harmful greenhouse gases you emit.”
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Featured Company: (RES is compensated as disclosed in disclaimer below)
SmartCool Systems, Inc. (OTC.PK: SSCFF; TSX.V.SSC), a marketer of advanced energy saving technologies which reduce the electricity consumption (Kwh) and maximum demand (Kw/KVA) of refrigeration and air conditioning compressors. As a distributor of the Abbotly System 4000 Energy Savings Module (ESM)®; a system of micro-computer digital optimization modules which work with existing compressor equipment and controls, SmartCool enables businesses to reduce the electricity usage of refrigeration and air conditioning compressors by 10% to 20% while maintaining temperature performance. Over 25,000 ESM’s have been installed throughout the world since 1986 and in 2003 they reduced electricity consumption by 213,000 Mwh and Greenhouse Gas emissions by 250,000 tons resulting in cost savings of $20,000,000. The Company holds exclusive distribution rights for the ESM in Canada and the American states of New York, Arizona, Nevada, Colorado, New Hampshire, Rhode Island, Massachusetts, Connecticut, New Mexico, Vermont, Maine, and New Jersey.
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Source: RenewableEnergyStocks.com, SSC, DESC, DOW, FCEL