HVAC Edgebrook Chicago | Expert Energy Efficient System Designs

Do not be misled by the name New York Engineers is your best bet if you need a Full Service Heating Cooling Air Conditioning Furnace (HVAC) Engineering Firm in Chicago Illinois. We are not only an HVAC Company in Chicago but also a leading provider of Value Engineering Engineering services in or near Edgebrook Chicago. Call us at (+1) 312 767-6877

As of late huge crowds have been stopping by the NY Engineers website searching for Architectural Engineering near the Chicago area. That is due because of the reputation we have develop in this kind of work. However, many building managers from Hoffman Estates to Whiting, do not know that NY Engineers is also a top contender for anyone looking for HVAC Firm in or near Chicago, Illinois…

The search for energy-efficient buildings involves cost effective HVAC system design. This will include systems for architectural enclosure, domestic water heating, lighting, HVAC, and vertical transportation. The loads for that HVAC systems will come primarily from 5 different sources including lighting (cooling), the building envelope (cooling and heating), ventilation (cooling and heating), equipment for program use (cooling) and occupancy (cooling).
The ventilation load might be a function of either the mechanisms needed so as to introduce it in to a space and control contaminant concentration or the amount of folks which will use the area. In nearly all climates in the eastern and southwestern regions of america, to minimize outter air flow can save energy whenever the surface air is either humid and warm or very cold.
Managing the ventilation rate is going to be based on occupancy which is referred to as a variety of demand control ventilation. It is a everyday sort of energy conservation plan that is used for spaces with irregular or crowded occupancy. Having cooling and heating loads dropped as low as possible can be carried out by utilizing a higher performance building envelope, occupancy sensors, and performance lighting that utilize daylight response of lighting controls.

Chicago HVAC Engineering services vs HVAC Techs

When you have ever discussed the difference between a HVAC Technician vs HVAC Engineers, then continue reading:

Chicago HVAC engineers will be the people who supervise the installation of air conditioning systems for both commercial and residential buildings. They spend a lot of their work in offices doing advanced level organization and arranging of installations nonetheless they do also go to job sites from time to time.

But, HVAC technicians in Chicago tend to do a lot of the hands-on work that deals with repair and maintenance. A HVAC technician may work with or for an engineer to perform a few of the installation task, particularly for smaller jobs. Generally speaking HVAC technicians do far more travel and may even spend lots of time changing filters, identifying leaks, doing recharges or decommissioning old and outdated systems that use old refrigerants.

HVAC engineers may have the ability to make more decisions about systems that are employed, and they also would be the folks that would offer advice about the most sensible refrigerants and which systems would work best with a bigger building. In the trade, there exists some conflict between ‘the suits’ and ‘the ones that get their hands dirty’, but both jobs require an excellent familiarity with how air conditioning does work. Nowadays many Internet users have been browsing our website looking for HVAC Companies Chicago. With that said, the focus of our company is to become the number one choice for anyone looking for a HVAC Chicago and or any of our other services including Sprinkler System Engineering services. We ask that anyone searching for more details about our Heating Cooling Air Conditioning Furnace (HVAC) Engineering Firm in Chicago Illinois takes a look at our Mechanical Engineers blog.

New Blog Article Related to HVAC Companies in or near Chicago

How to Finance Value Engineering for Building Energy Performance Upgrades

The business case for energy efficiency measures and renewable generation is often favorable. This is especially true in major cities, once you factor in the high cost of electricity and gas. Value engineering certainly has its place in these performance standards. However, the main barrier for many of these projects is the upfront cost; although the long-term benefit is greater, the short-term impact on cash flow can be significant.

Even if a company has the capital for energy efficiency and renewable generation projects, there is an opportunity cost – company owners and managers may prefer to reinvest these funds in their business to get additional profit. Fortunately, there are many alternatives that make building upgrades easier to afford. The following are some examples:

Getting a loan with favorable terms and using the savings achieved to pay it off.
Taking advantage of tax incentives for energy efficiency and renewable generation.
Rebate programs from utility companies or from the government.
Power purchase agreements (PPA), in the case of renewable generation.

The availability of these benefits may vary by location or by type of project. Also keep in mind that not all projects provide the same return for each dollar spent upfront; before proceeding with building upgrades, identify the most promising projects through consulting.

Financing Building Upgrade Projects with Low-Interest Loans for the Best in Value Engineering

You can use the bank’s money for energy efficiency measures and renewable generation systems, and then pay off the loan with the savings achieved. However, you need favorable loan terms to make this approach feasible:

If project savings are higher than debt service, the project can pay for itself and still leave net savings in your pocket, starting from the first month of operation.
If debt service is higher you will still have to assume part of the project cost, but the net cost will still be less than if you had paid upfront.

Loan financing involves giving up part of the project’s savings to cover interest, but in exchange you get the upgrade at zero upfront cost. Financial analysis is very important: taking a high-interest loan for a project that offers moderate savings can actually result in losing money. In other words, energy efficiency and renewable energy upgrades are not something you can normally finance with a credit card.

Taking Advantage of Tax Incentives

There are two main types of tax incentives: exemptions and credits. When a certain product or service is not subject to taxes that normally apply, you have a tax exemption. On the other hand, a tax credit is a deduction you can claim from your tax burden. In both cases, cash that would have been spent on taxes stays in your pocket.

Consider the case of solar power, which gets tax benefits in some locations. In both cases, photovoltaic technology gets:

Sales tax exemption
Property tax exemption for any increase in property value attributable to solar power.
Federal tax credit for 30% of the project cost.

Rebate Programs

Rebates are cash incentives for certain types of value engineering projects, which result in a direct cost reduction.

Rebates improve the financial performance of building upgrade projects, but the approval procedure can be demanding. After all, the organization managing rebates will want to ensure their funds are used in projects that have a positive impact. To be eligible for rebates, your project must typically meet certain performance metrics, and the equipment used is normally subject to labeling requirements. For example, lighting rebates normally require labeling from programs like ENERGY STAR or DesignLights Consortium (DLC).

Power Purchase Agreements (PPA)

If you install a renewable generation system through a power purchase agreement (PPA), you are not purchasing the equipment itself – instead, you are agreeing to purchase its energy output for a predetermined period of time. The renewable energy system, typically a photovoltaic array or wind turbine, remains under the ownership of the supplier and they provide maintenance. You get savings from the first month of operation, since the kilowatt-hour price in the PPA is lower than the electricity tariff.

In a PPA, your supplier keeps a portion of savings as profit, which is factored into the agreed electricity price. However, in return you get savings at zero upfront cost and you don’t have to worry about system maintenance.

Although PPAs typically apply for renewable generation systems, a similar concept exists for LED upgrades, called lighting as a service (LaaS). It follows a similar logic as PPAs: your lighting supplier owns and services the installation, and you pay a monthly fee that is lower the savings achieved.

Concluding Remarks

There are ways to get the benefits of energy efficiency measures and renewable generation systems without a sizable upfront expense. However, having a well-engineered project is important regardless of how your purchase it. In fact, performance requirements may actually be higher for projects developed through loans and incentives of high value engineering, since the organizations providing these benefits will want to ensure their capital is used properly.