This month Finance & Commerce writer Frank Jossi focused his “Sustainable" column on “Saving cash, carbon with lighting upgrade” features Minify Energy. Check it out.
Minify Energy In the News: Saving Cash, Carbon with Lighting Upgrade
Take a Fresh Look at LED Lighting
Have you upgraded all the lighting in your building to LED? Are you sure? According to the latest 2022 US Department of Energy report, approximately 56% of commercial buildings still have not upgraded to LED Lighting. Anecdotally, we have found that many of our clients BELIEVE they have already converted their facility to LED Lighting, only to realize after a free Minify Energy assessment that only a small portion is actually converted. Considering the savings potential as well as the many other beneficial reasons discussed below, we think it’s worth a second look!
Day & Night: What a Difference New Lighting Can Make
Minify Energy is proud of a recent LED lighting upgrade completed for a large-scale commercial laundry facility in St. Paul. This facility, now benefitting from increased brightness, light quality, and a greatly improved working environment, works around the clock cleaning medical garments for many of the Twin Cities’ largest and busiest hospitals and clinics. Upon initial assessment, Minify Energy conducted light meter readings that ranged from 7 to 20-footcandles with a great degree of variance across the 85,000 SF facility.
Maximizing Rooftop Unit (RTU) Retrofits
RTUs typically represent a significant portion of energy consumption for a building, especially if they are the primary means of heating and cooling. And, they likewise present several opportunities for energy conservation and savings. And, while energy efficiency is a great reason to optimize your equipment, these updates can improve your tenants’ comfort, extend equipment life, and provide valuable operations and maintenance insights.
Greening the Minneapolis Green Zone
Minify Energy has been helping Minneapolis businesses leverage “Green Zone” incentives for community enhancements through energy-efficiency projects.
Minify Energy completed 7 projects in the North Green Zone with commercial and nonprofit organizations. Our efforts in the North Green Zone resulted in a 56% reduction in energy costs for participating businesses, and 59% of project costs were covered by incentives, delivering a 2.4-year simple payback. The combined projects reduced energy consumption by 334,427 kWh per year, which is equivalent to 235 metric tons of greenhouse gas (GHG) emissions..
Bringing New Light to The Pacific Building
We’re sharing a recent LED Lighting project profile and the benefits to the owner, property manager, tenants, and the city. This is one of several projects Minify Energy has conducted in the Minneapolis North Green Zone. The project reduced lighting energy by 66%, and with 68% of the total project cost covered by grants and rebates, the owner saw a 1.3-year payback, while enhancing the indoor environment with 30%+ lighting improvement to help tenants in their operations.
Nonprofit Solar Incentives Cover System Costs
2023: A Great Year to Go Solar
An Array of Reasons to Invest in Solar in 2023
If you haven’t looked at solar panels for your building recently, it’s time to take another look. In 2023, the combination of sustainably generating your own clean energy, locking in rates, getting utility incentives, tax credits, accelerated depreciation, and other incentives can all make for an attractive package that “pencils out” well, often under 5 years ROI with 25 more years of pure money generation while the sun shines.
Rising Energy Costs: What You Can Do
179D Tax Deduction Offers up to $5/sf for Commercial Building Energy-Efficiency Projects
For 2023, 179D Nearly Triples Tax Incentives, Lowers the Thresholds, and Expands Eligibility to Tax Exempt Organizations.
The 179D Energy Efficient Commercial Building Deduction in the recently passed Inflation Reduction Act (IRA) has some of the most significant updates to incentives for property owners and designers to improve the efficiency of their buildings.
Bigger Incentive with Lower Energy Savings Threshold
The new Act raises the deduction value from the current maximum of $1.88 per square foot up to a maximum of $5.00 per square foot. In addition, the Act lowered the minimum required savings in total annual energy and power cost from a 50% reduction to 25% reduction.
Building Owner Benefits of the Inflation Reduction Act
The recently passed Inflation Reduction Act (IRA) creates several new opportunities for commercial, government, and nonprofit building owners to benefit, spanning incentives for energy-efficiency projects, solar arrays, battery storage, EV Charging Stations, and multiple related tax credits and deductions.
Increasing Value of Environmental, Social, and Governance (ESG) Engagement
We’re encouraged by the number of businesses that reach out to us seeking to reduce their carbon footprint. What’s even more encouraging is the growing momentum to make these practices mainstream business. Environmental, Social, and Governance (ESG) is becoming an important part of global business and investment strategies. While a full ESG initiative may seem overwhelming, Minify Energy has found ways to help even small businesses and property owners make an impact, at least focusing on the “E” of ESG - the Environment aspects
Subsidize Your Investment in Building Efficiencies
Spending money on improving the energy efficiency in your building should be considered an investment - not a cost. A positive ROI can be realized in as little as 2 years by reducing energy use in HVAC, lighting and other energy-consuming operations. And, in many cases, this investment can be subsidized with grants, rebates, and financing programs from utilities and government agencies, making the payback even shorter.
What Your Building Can Do on Earth Day and Every Day
Today is Earth Day 2022. And, you might ask what you can do to make a difference. We’d like to suggest you redirect that question toward your building.
Buildings’ role in Conservation
The U.S, has about 8.6 million commercial buildings - 88% of which are under 50,000 square feet - with an average age of 53 years old, consuming about 20% of all energy and 70% in urban areas, and wasting about 30% of that (about $90 billion in savings potential).
Happy Energy Efficiency Day!
Nearly 900 local governments, universities, organizations, corporations, and utilities are participating in Energy Efficiency Day today! Now is the perfect time to upgrade your building with LED Lighting, HVAC controls, and other retrofit options to immediately reduce costs.
Video Presentation: Financing Your Energy Efficiency Project
A Financial Case for Enhanced Operations & Energy Efficiency at Merrick Incorporated
Merrick Incorporated Executive Director John Wayne Barker and Operations Director Pat Hanson sought to modernize the company’s HVAC controls in order to mitigate risk associated with an unsupported legacy controls system, plus enable automation and remote diagnostics /management, improve comfort, and save on energy costs. Minify Energy worked to audit, engineer, and propose a solution leveraging 75F building automation solutions, bipolar ionization, HVAC equipment service, and internal and external LED Lighting upgrades, plus financing solutions, grants and rebates to cost-justify the project, reduce the project costs and shorten the simple payback timeframe.
"No Brainer" Financing for Energy Efficiency Building Upgrades
Are you looking for some good news for your organization's bottom line? Energy-efficiency investments can actually help revenue generation, expense reduction, and facilities management. Additionally, your actions to reduce energy consumption can improve the value of your building, create a healthier environment for your occupants, and generate positive results for our community by reducing greenhouse gases.
Right now, some “no brainer” economics are available that any organization should be considering to reap the rewards for smart energy-efficiency investments. Cashflow-Neutral Financing allows organizations to improve their indoor environments and productivity, without out-of-pocket investment. It turns out being a good corporate citizen is good for the bottom line too. The multiple incentives and financing available for energy efficiency projects make for an attractive financial proposition.
Bipolar Ionization: Proven To Neutralize Coronavirus By 99.9%
At Minify Energy it is our mission to help building owners reduce expenses while improving their buildings. These improvements can reduce costs, increase value, lower CO2 emissions, and improve the health, safety, and comfort of occupants. Retrofitting your HVAC system with Bipolar Ionization technology can help you achieve all of these.
Introducing Minify Energy - St. Paul MN-based Company Helping People and Their Buildings to Operate Clean, Smart & Well.
ANNOUNCEMENT
Minify Energy is an energy efficiency and smart building solutions partner, founded by Jeremy Davis and Ben Wallace in 2019.
Minify Energy was launched ….