Businesses are increasingly seeing the commercial and societal benefits of cogen power solutions first-hand.
Correctly sized and installed, Combined Heat and Power (CHP) presents one of the most efficient methods to utilize a primary energy source, offering significant advantages to all sectors that have a simultaneous thermal and electrical load.
If you’re looking to get better utility rates, having a more normalized, non-seasonal energy profile is the right approach.
There are multiple benefits that Cogeneration or Combined Heat and Power offer, such as substantial financial savings on utility costs and increased security of energy supply. Here’s why your energy profile can be improved by bringing power generation on-site:
- Fuel costs and utility rates can go down because you are purchasing on a flatter profile – by purchasing energy more evenly across times of day and across months, you are reducing some of the costs associated with purchasing more energy during more expensive, peak times and seasons.
- There won’t be any major changes in your purchases from month to month, allowing your organization to better budget energy costs.
- You should be able to get a more favorable gas utility rate because the difference between your winter and summer gas purchases is less.
UGI Performance Solutions, backed by the UGI Corporation, offers on-site power generation solutions that allow businesses, organizations, and institutions to reuse thermal energy that would normally be wasted. Because the bi-product of power generation is thermal energy, you can utilize that excess heat in the form of steam or hot water for your space heating or water heating needs. It can even be used to chill water for space cooling at your facility. This leads to long-term reduced energy costs and financial savings on many levels.
Facilities with 24/7 load profiles can maximize savings with cogen power solutions – longer run hours generate more savings and improve payback times. Cogeneration is also very suitable for facilities with lower operational hours, such as 15 hours per day for five to seven days a week, especially if those hours are during “on-peak” power times – mostly “first shift” Monday to Friday.
Regardless of what the business is, if a concurrent demand for electricity and heating or cooling exists, exploring CHP solutions could be the avenue to reducing operational costs and achieving high energy efficiency.
At UGI Performance Solutions, we are proud of our commitment to designing customized, innovative answers for improved performance, a healthier environment, and a better bottom line. We are the premier regional CHP provider with the capability to provide end-to-end CHP Solutions and are backed by UGI Corporation, a Fortune 500 company that has been a leader in the energy industry for over a century.
We invite you to contact us today to learn more about all the reasons why CHP/cogen technology is a winning solution and start a conversation on how we can support your business.