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New electrical innovations can save up to $1 per square foot.


The Energy Cost Savings Council (ECSC ECSC: see European Coal and Steel Community. ) has launched a national education campaign to convey a simple and direct message to Corporate America: The average building owner can cut energy costs up to 60 percent by replacing outdated, inefficient electrical equipment A piece of electrical equipment is a machine, powered by electricity and usually consists of an enclosure, a variety of electrical components and often a power switch. Examples of Electrical Equipment
  • Cathodic protection rectifier
  • Fire alarm panel
 with new, high-tech electrotechnologies, a potential savings of $1 per square foot of space.

The ECSC, a coalition of manufacturers, utilities, industry groups and government agencies, was formed to educate Corporate America about the potential cost savings benefits of electrical retrofits and upgrades. The Council is launching an advertising and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  program targeted to businesses and building owners to convey the potential bottom line savings that will result from upgrading outdated electrical products.

"There is no doubt that competition among utilities is going to save American business money in energy costs," said Jack Briody, president of Advance Transformer transformer, electrical device used to transfer an alternating current or voltage from one electric circuit to another by means of electromagnetic induction.  and chairman of the ECSC. "But marketplace competition between energy providers will only satisfy a fraction of the potential savings businesses can realize. Electrical upgrades can cut commercial energy costs almost in half, yielding a potential savings of $1 per square foot that drops straight to the bottom line."

An electrical product upgrade can include upgrades in lighting fixtures and lamps, controls and sensors, transformers, motors and drives, and HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free  equipment. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 ECSC, the return on investment in new these technologies begins almost immediately, producing energy savings that allow building owners to recoup recoup

To sell an asset at a price sufficient to recover the original outlay or to offset a previous loss.
 their investment in the upgrade in as few as 2 to 3 years, and continue saving over the 10- to 20-year lifespan of the products.

According to the U.S. Department of Energy, more than 90 percent of all commercial buildings in the U.S. were built before 1985. Since that time, technological advances have made basic electrical products and equipment highly efficient, using a fraction of the energy of products manufactured before 1985.

In a study by the trade Journal Energy User News, 1,000 electrical product upgrade projects were analyzed an·a·lyze  
tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es
1. To examine methodically by separating into parts and studying their interrelations.

2. Chemistry To make a chemical analysis of.

3.
 between 1988 and 1996. The study concluded that upgrades and retrofits of lighting, HVAC, motors and drives, and building automation can achieve energy savings of $1 to $1.50 per square foot of floor space, especially when the project involved a combination of each electro-technology element.

The private sector-based ECSC "ReElectrification of American Business" campaign is joining with ongoing government efforts to promote energy efficiency, including the Energy Star Building and Green Lights Partnership and the Green Lights Program sponsored by the U.S. Environmental Protection Agency Environmental Protection Agency (EPA), independent agency of the U.S. government, with headquarters in Washington, D.C. It was established in 1970 to reduce and control air and water pollution, noise pollution, and radiation and to ensure the safe handling and . It is also supported by the U.S. Department of Energy.

"The Energy Star Building Partnership shares a common goal with ECSC: held building owners understand the benefits of upgrading to new technologies," said Maria T. Vargas, co-director of the Energy Star Buildings and Green Lights Partnership. "By working together and targeting all categories of buildings - owner-occupied commercial and industrial space, incomeproducing properties, and public sector buildings - we will educate end-users of the real economic and social benefits that come from taking steps to save energy."

Vargas cited one New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 building as an example of how updating building equipment can result in a quick return on investment. The New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Information Technology Center at 55 Broad Street is owned by Rodin Management, Inc. and is a participant in EPA's "Energy Star Building Partnership."

The 31-year-old building recently completed a complete electrical upgrade. Rudin worked with Con Edison to develop a new lighting system which provides quality, efficiency and control, and will return a 30 percent savings on energy and maintenance as compared to a conventional lighting system.

"Information-age businesses, like 55 Broad, need buildings designed and wired to provide workspace flexibility, excellence in lighting and super-reliable power," said Anthony Giasi of Con Edison. "This project showcased a new standard in office building infrastructure that has businesses eager for Manhattan leases again."

Additional information on the ECSC can be found at www.plug-in.org or by calling 1-888-829-2209.
COPYRIGHT 1998 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Mar 18, 1998
Words:651
Previous Article:Entrepreneur creating new technology corridor for NYS.(TechCity Properties owner Alan Ginsberg; New York State)
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