$50 Billion in Energy Savings Possible with Encelium Technology
Installed space becomes smart space: Commercial buildings being retrofitted with advanced control systems
Smart buildings are limited to new construction, right?
Wrong.
Now technology is available that allows existing commercial space to be
retrofitted with intelligent systems that deliver 50-75 per cent energy savings.
This is significant because of the sheer size of the potential retrofit market. New
construction totals some 1 billion square feet of commercial space annually, while the
installed space is closer to 100 billion square feet. But until recently, it has been cost-prohibitive to convert installed space to smart space.
An intelligent lighting control system developed by Encelium Technologies is now cracking
that market, and the company is riding a wave as existing buildings are - for the first
time in any meaningful way - able to install this advanced technology at a cost that
makes it a highly attractive investment.
Encelium's integrated Energy Control System (ECS™) is the world's first intelligent,
addressable lighting control system, and it is the only product of its kind that can be
retrofitted into existing buildings in a cost effective manner.
"The retrofit market has been the holy grail, and we're there now. We have the
technology," says Terry Mocherniak, Chief Operating Officer of Encelium Technologies."Now even existing buildings can take advantage of the latest state-of-the-art system
that will cut their lighting energy costs by 50 to 75 per cent."
While Encelium continues to be a major supplier in the new build category, 60 per cent
of its revenue is now derived from retrofits. With revenue already doubling every year,
Encelium is headed for even faster growth in the future.
Encelium's advantage? Its system is software based and connects to standard lighting
components. That makes retrofitting a far more affordable option. The system can be
installed relatively quickly, and the pay-back period is between two to five years.
Encelium's system is producing energy savings of between 40 cents and $1 per square
foot of space. That adds up. Across the existing building sector in North America, that
represents some $50 billion in total potential energy savings.
Another reason why Encelium is now penetrating the retrofit market is its depth of
understanding and expertise in the building industry. Its owner, Townsend Capital LLC,
has more than 30 years of experience as a manager and developer of commercial real
estate. It sold most of its properties two years ago (at the height of the market), and
decided to re-deploy its capital in energy savings technology.
"We conducted a global search, and we found Encelium's technology to be far superior
to anything else on the market on a number of levels - total energy savings generated,
system costs, ease of installation, and payback periods," said David Townsend,
President of Townsend Capital.
As well, Townsend Capital recruited Tony Marano as Chief Executive Officer of
Encelium. Marano was formerly CEO of the Americas for Cushman & Wakefield, one of
the largest real estate companies in North America.
It is this marriage of unparalleled experience and expertise in the real estate industry
and the leading technology in intelligent lighting and energy control systems that has
allowed Encelium to become the dominant force in the retrofit market.
"We know what building owners and managers want, we understand their needs, and
that's what makes us unique," says Marano. "Encelium is all about developing custom
solutions for its customers. We don't just sell product off the shelf."
He points to a convergence of factors that will drive the marketplace. Energy prices will
continue to rise, making a strong financial case for retrofitting since lighting represents
the largest single use of energy in a typical commercial building - some 37% of the
total. As well, buildings must reduce their carbon footprint and demonstrate that they
are 'green' in order to remain competitive.
And finally, smart buildings are now a reality, and even installed space will have to
become "intelligent" to be green. Encelium's systems have sensors throughout the
buildings, providing real time occupancy and ambient light information that can be used
to control lighting and HVAC in a more intelligent - and more cost efficient - way than
rigid time schedules.
Individuals can even control the lighting in their personal workspace to suit their
preferences through their desktop computers.
To view a video demonstration of the Encelium system, visit www.encelium.com and click on "Six Smart Strategies."
Encelium Technologies is a technology development company specializing in addressable lighting control and energy management systems for commercial buildings. Using the collaborative power of networking technology in conjunction with advanced control hardware and software, its systems are designed to maximize energy savings and provide attractive returns on investment. Encelium has operations in the U.S., Canada and Europe.
# # #
RETURN
TO NEW PRODUCTS
|