Business energy and utility costs are at an all-time high. With utility costs increasing more rapidly than the rate of general inflation, companies that fail to embrace long-term energy efficiency policies will inevitably see more and more profits diverted to these critical needs.
Ultimately, there are numerous improvements that businesses can make to reduce energy costs, ranging from simple modifications around the building to large-scale changes. One notable area – heating and cooling – drives the single-largest energy expenditure for many businesses.
Heat recovery systems can be a useful and viable alternative to other heating technologies and can save considerable sums of money in the process. Keep reading to learn about three reasons why this is the case.
More Efficient Than Traditional Renewables
For businesses seeking to invest in new, energy-efficient solutions, the cost is a huge long-term motivator. While traditional renewables such as wind, solar, and geothermal can deliver big cost savings over a period of years and decades, an HRV system can provide breakeven periods that are substantially more feasible for most businesses.
Commercial heat exchange systems with an efficiency of 70% (meaning that 70% of heat ventilation that would otherwise be lost is recouped instead) can reduce monthly energy bills by anywhere from 35% to 45%, depending on which particular existing energy source the business is utilizing.
By minimizing the number of new materials needed to produce energy-efficient climate control and doing so in a cost-effective manner that is viable for businesses, an MVHR system simply makes sense.
Quick Return on Investment
Mechanical heat recovery systems utilize the natural energy waste within a business, home or building, making them naturally efficient choices. This also reduces the number of expensive components associated with many other forms of heating, leading to a much faster breakeven point.
Whereas with renewable options like solar and wind it can take 10-15 years for a business to pay off its costs, MVHR systems can provide a payback period of as little as 3 years. That’s an incredibly quick return on investment. Of course, the exact ventilation and ducting in use within the business will affect efficiency rates (and therefore the overall payback period), but even relatively inefficient MVHR systems provide a quick return on investment.
Insulation from Rising Energy Costs
One major selling point of energy efficiency and renewable technologies is that energy costs are currently rising faster than overall inflation. End result? Energy costs are consuming a greater percentage of business budgets with each passing year. An offset to reduce this long-term concern – in the form of an MVHR system, specifically – can be a great benefit for the business.
With the use of a heat recovery system, businesses can immediately reduce their heating costs by over 30%: that’s a major drop in energy costs. These savings can help businesses offset some of those long-term cost increases (especially when used in conjunction with renewable forms of energy).
Ultimately, businesses have a vested interest in reducing long-term costs. With energy being a critical component of any business budget and considering energy prices are only continuing to rising, embracing a low-cost, high-efficiency MVHR system can provide numerous benefits to both businesses and the environment.