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Employing Retrofits

Consider your building, wherever and whatever it may be. House, data center, office tower, supermarket, restaurant… does not matter. Every building around the world has dozens of ‘emloyees’, otherwise known as appliances and systems. These various ’employees’ in each building, from the the data center air conditioner to the restaurant walk-in cooler, all perform specific tasks within their area of responsibility.

These highly specialized ‘employees’ provide their buildings with cool and hot air as required, not to mention lighting, water, air circulation and other key services. For these important services, building owners pay twice over. First they purchase the ’employees’, similar to the initial outlay in finding and training a new person on the job. Then they pay monthly utility bills to continue receiving value from the equipment, in the same way that employers pay out salaries.

 

In business, your employees are expected to perform certain tasks and bring value to your company within a specific realm of responsibility. In general, you would not choose to continue paying an employee if the tasks were not performed to an acceptable standard, or if they became increasingly expensive with no parallel increase in the value they bring to the company. That would simply be poor business sense, right?

Yet everyday we do this with our buildings. All those ‘employees’, from HVAC equipment to lighting systems to refrigerators, all work pretty well when they are fresh out of the box (unless of course you were unlucky enough to choose a dud that gives sub-par performance from the start). But after a few years, their productivity tends to decline. They often require more maintenance or perform to a lower standard while using the same or more energy. You end up paying more for less, often without even noticing.

Replacing employees, like replacing equipment, is often a very expensive endeavour. Incentive programs and extra training are options for getting more value out of existing employees. Retrofitting is the equivalent of an incentive program for existing equipment.

Retrofits provide an economical solution to the problem of ageing equipment that is becoming less and less energy efficient. By implementing proven retrofits, building owners can make tremendous improvements in the efficiency of their older equipment- frequently raising it above the bar set at the time of installation. Even for new equipment, retrofits can often still bring energy efficiency gains, since retrofits often apply advanced or ‘smarter’ technology above and beyond the basics included in the new equipment.

As long as your existing equipment is still functional, retrofitting is going to be your best bet for becoming more energy efficient and saving more money on your utility bill.

Next week, I’ll explore retrofits in more detail, highlighting areas of any building that can be easily retrofitted to solve the problem of paying more for less.

 

Latest Press Releases

Smartcool Installs ECO3 at Premier League Football Club Stadium To Provide Energy Savings

The installation at a top UK Premier League Football Club Stadium will provide Energy Reductions and deliver significant Financial and Environmental BenefitsVancouver, B.C. December 12, 2017, Ted Konyi, CEO, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to announce that the company has...

Smartcool Introduces the ECOhome to the Residential Air Conditioning Market

Savings of up to 40% to the HomeownerVancouver, B.C. December 5, 2017, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to announce the release of a new product, the ECOhome, which will focus on the lucrative residential air conditioning market.

Smartcool Announces Valor Energia, A New Brazilian Distributor

Vancouver, B.C. November 21, 2017, Steven Martin, Smartcool’s Executive VP EMEA, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to announce the addition of a new distributor for its Energy Efficiency products in Brazil.

Smartcool Systems Inc. Adds Business Development Manager as Growth Continues to Accelerate in the UK

Vancouver, B.C. November 15, 2017, Steven Martin, Smartcool’s Executive VP EMEA, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to announce the addition of Julian Sylvester, an experienced Sales Executive who has an extensive background within the energy efficiency market.

Smartcool Continues to add Sales Staff as Growth Accelerates in the UK

Vancouver, B.C. October 25, 2017, Steven Martin, Smartcool’s Executive VP EMEA, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to announce the addition of a seasoned Sales Executive to the UK team with more to be announced soon. The additional sales executive, Jon Cullum, has an extensiv...

Smartcool Saves 30% Power Consumption At A Quick Serve Restaurant in Jamaica

Customer Operates 60 LocationsVancouver, B.C. October 17, 2017, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to announce the results from an initial installation at a Quick Serve Restaurant (QSR) in Kingston, Jamaica.

Smartcool Establishes North American Installation Network

Vancouver, B.C. September 26, 2017, Ted Konyi, CEO, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to announce that the company is establishing an installation and servicing network for its operations in North America.

Anesco Ltd., A Cleantech 100 Co. and Smartcool Progress Their Sustainable Technology and Energy Par…

The UK’s leading energy efficiency solutions provider and Sunday Times Fast Track 100 company, Anesco Ltd, have strengthened their No1 position in the UK by partnering with Smartcool to deliver further energy saving solutions.

Smartcool Distributor Installs at McDonald’s Chain in Riyadh

Achieves 20% Savings on Air-conditioning costs at The Luxury Tiara Hotel RiyadhVancouver, B.C. September 12, 2017, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to report that Kafaat Energy Company, its distributor in Saudi Arabia has been appointed by Riyadh International Catering C...

Smartcool 2nd Quarter Revenues Grow 300% over 1st Quarter

Vancouver, B.C. August 29, 2017, Smartcool Systems Inc. (TSXV: SSC OTC: SSCFF) is pleased to report that it has filed its Second Quarter Management Discussion and Analysis ("MD&A") and unaudited financial statements for the six-month period ended June 30, 2017, on SEDAR.

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