Eric Ryan Corporation provides energy management services including commercial energy and lighting audits, energy incentive programs, rebate and/or grant research and implementation. Additional energy services include power factor correction, tax analysis/recovery, product reviews and Energy Service Company “ESCO” program evaluations and savings verification.
For many organizations, energy use is one of the most controllable operating expenses. Eric Ryan Corporation’s energy audits can help control this cost through energy efficiency recommendations for both equipment and facility operations.
Energy management services have been carried out throughout the United States, Canada, and the Caribbean, saving clients over 50 million dollars in energy costs.
Energy Site Surveys
Eric Ryan Corporation will perform on site energy surveys and prepare detailed reports as to energy inefficiencies and the options available to address inefficiencies and reduce costs. The energy audit report will provide recommendations for capital improvements and/or operational changes. Eric Ryan Corporation will follow-up with client to assist in implementing any savings opportunities found during the site survey. Depending on scope and cost of project, Eric Ryan Corporation may be able to offer financing options or aid in finding third party financing for those recommendations that require capital expenditure.
Power Factor Correction
Many utility companies penalize commercial customers for poor power factor, which is a result of heavy motor usage, causing electrical inefficiencies. Power factor can be corrected through installation of capacitors, which is a service offered by Eric Ryan Corporation. Our engineers will perform a savings vs. cost analysis for installation of capacitors to correct power factor. If analysis is favorable and client decides to proceed, Eric Ryan Corporation’s engineers will install capacitor banks or provide detailed specifications for installation by client or a third party contractor. In the event of capital expenditure limitations, Eric Ryan Corporation may be able to offer financing or aid in finding third party financing.
Eric Ryan Corporation has found that commercial customers in the following utility territories are some of the most penalized power factor customers:
- Duquesne Light (Pittsburgh, PA)
- PECO (Philadelphia, PA)
Customers on the High Tension rate are penalized for poor power factor.
- SRP (Phoenix, AZ)
- Connecticut Light and Power
Customers on rate 55 and 56 are penalized for poor power factor
Tax Analysis and Recovery
Eric Ryan Corporation will review state tax laws to determine if a client or facility would qualify for tax exemptions. If determined eligible, ERC will work with the utility companies to establish the percentage of exemption and petition the state for refunds of past taxes paid in error. Site surveys will be performed where necessary to determine the correct exemption percentage. ERC will also correct future utility billings to reflect an accurate exemption based on exemption status and site survey results.
Rebates and Incentives
Eric Ryan Corporation will research local, state and federal programs offering rebates, incentives, grants, etc. for installation of energy efficient equipment or renewable energy sources. Eric Ryan Corporation will assist the client in meeting criteria for said rebates, incentives, etc. and then assist in the application process and securing of rebates.
Third Party ESCO Verification
Eric Ryan Corporation will analyze energy service company “ESCO” proposals and offer recommendations for selecting an ESCO program that best meets clients’ energy efficiency and cost goals. ERC will also provide third party verification of utility savings resulting from implementation of ESCO projects. The verification analysis will compare normalized usage and cost before the ESCO projects to normalized usage and cost after ESCO projects were implemented.
Eric Ryan Corporation will research renewable energy alternatives and advise client on opportunities and any benefits (rebates, incentives, savings, tax implications etc.) from utilizing green and/or renewable energy. Eric Ryan Corporation will also advise client on procurement of REC’s (renewable energy credits) and steps to getting facilities certified as “green”.
Contract Price Verification
Eric Ryan Corporation will provide verification of the utility savings on gas and electric in contract with alternate suppliers against the market price or the current tariff. Reports are provided on the monthly and annual savings for individual locations and combined locations.
Energy Normalization Reporting
Eric Ryan Corporation offers energy normalization reports. These reports normalize energy usage/cost accounting for variables such as weather, occupancy, utility rates, billing days, production count, operating hours and any other changes affecting how the facility uses energy. A percentage change in energy usage/cost is calculated and then compared to the same month of the previous year. This data can be used to track the performance of a facility and benchmark it against other facilities in regard to baseline energy usage.