How Custom Projects Can Meet Your Energy Efficiency (and Business) Goals

On May 16, 2022

Disclaimer: Sponsored content articles do not reflect the opinions of New Jersey Business Magazine or the New Jersey Business & Industry Association.

It can be easy to think of energy efficiency as “one thing,” but the reality is that there are many different approaches to increased efficiency that can all lead to the same result: lower energy consumption and increased energy savings.

When your organization begins their journey toward improved efficiency, a quick Google search can confirm: there are plenty of prescriptive plug-and-play energy efficiency solutions. But the most effective solution (and the one that can often produce the most long-term cost savings) might be a custom project that specifically addresses the unique operating requirements of your facility and the unique business goals of your organization. And with available incentives, upgrading your facility’s energy efficiency may be a lot more affordable than you think.

Energy Efficiency That Goes Above and Beyond

Whether you’re looking to make energy efficiency improvements beyond minimum code requirements or you are finally ready to make your wildest energy efficiency dreams come true, custom projects allow you to get the maximum incentives for your implementation. Custom projects can be simple—like switching to LED fixtures in an office building or warehouse—or more complex—like upgrading to high-efficiency refrigerated cases in a grocery or convenience store—but they allow you to tailor your energy efficiency improvements to better serve your business and operational needs.

Other custom projects that PSE&G has supported in the past include elevator regenerative drives, which convert the waste heat generated by elevators into stored, useable energy; water-side economizers, which reduces the need for chiller operation when outside temperatures allow for “free cooling”; and installing variable speed drives (VSD) on fans and motorized equipment, including HVAC systems, refrigeration and freezer systems, vacuum pumps, and compressed air systems. VSDs help minimize energy costs, manage demand fluctuations and reduce stress on motorized equipment.

The More You Save, The More You Earn

Custom project incentives are based on actual energy savings, with payback times as quick as 1 year for high-performing improvements. Custom electricity savings can earn incentives of $0.16 per kWh saved, and custom gas savings can earn incentives of $3.50 per Therm saved.

To determine eligibility, explore incentives and learn how PSE&G can support your organization’s custom energy efficiency improvements, visit bizsave.PSEG.com.

Disclaimer: Sponsored content articles do not reflect the opinions of New Jersey Business Magazine or the New Jersey Business & Industry Association.

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