Polar Vortex? No Worries — CHP Has You Covered
Remember last winter’s polar vortex, which plunged much of the U.S. into a deep freeze? You’d probably like to forget it — and the resulting sharp rise in your building’s winter energy costs. While you can’t prevent another polar vortex from happening, you can be proactive and invest in a solution that lets you generate some of your facility’s energy onsite — reducing your energy costs and buffering against changes in energy price and supply in times of extreme weather.
This solution is a combined heat and power (CHP) system, also known as cogeneration. A basic CHP/cogeneration setup uses a single fuel source, such as natural gas, to produce electrical and/or mechanical power and waste heat. The CHP system recovers this heat for another use, such as heating or dehumidification. Typical CHP system configurations are either a gas turbine or engine with a heat recovery unit or a steam boiler with a steam turbine.
Multifamily and commercial buildings can reap these benefits from using a CHP/cogeneration system:
- Improved energy efficiency — Onsite generation requires less energy to produce the same output as an on-grid system.
- System reliability — The CHP system provides a constant, off-grid energy supply.
- Reduced carbon footprint — The energy-efficient CHP system reduces greenhouse gas emissions.
- Reduced energy costs — By generating power and heat onsite, your facility can lower its energy bills and also hedge against fluctuations in utility charges resulting from changes in energy supply and demand.
The following incentives are available in New York and New Jersey for sites that implement CHP/cogeneration systems. Contact ETS to learn more about these programs.
Incentive | Originator | Amount | Description |
PON 2568 CHP Acceleration Program | NYSERDA | Up to $1.5 million | NYSERDA will provide financial incentives for installation of prequalified, pre-engineered CHP systems by approved CHP system vendors. |
CHP, fuel cell, and heat recovery incentives | New Jersey’s Clean Energy Program | $0.35–$4.00 per watt (incentive amount depends on technology type) | Eligible facilities can receive incentive payments for installation and successful operation of CHP, fuel cell, or heat recovery systems. |
[cta]Contact ETS today to learn more about our services and to schedule a free, no-obligation energy inspection of your building. We’ll tell you how we can update your energy systems to save on costs and find all the energy rebates you’re eligible for.[/cta]