$4.5 million capital improvement.
No out-of-pocket cost, 45% energy savings.

At EZ Energy Services, we aren’t satisfied with simply presenting clients with a plan for substantial long-term savings on their utility bills; often, these plans include short-term capital expenditure: upgrades of antiquated, inefficient equipment and infrastructure, replacing them with modern, energy-efficient equivalents. Our final contribution to the process is to help our customers find a way to painlessly pay for the upgrade. This recent example illustrates an ideal scenario for a satisfied customer:

A six-story, 500K square foot Class-A office building in New Jersey needed to replace their 30-year-old HVAC system. The equipment was failing and would clearly not make it through the upcoming summer.

In addition, the building did not even use a modern BMS (Building Management System) to control the air flow, so thermostats and ventilation controls were managed manually, with the obvious inefficiency and time investment.

EZ Energy Services ran a complete analysis of the building’s requirements. In addition to recommending the replacement of the rooftop units, we proposed the upgrading of 400 VAV control boxes for more precise temperature control, reduced compressor wear, lower energy consumption by system fans, less fan noise, and additional passive dehumidification. Finally, we proposed the comprehensive retrofitting of all the lighting in the building to modern, energy-saving LED lighting technology.

Our computerized engineering models calculated truly dramatic savings: after these improvements, ‎the building would shrink power usage by approximately 45%, annually eliminating a 5,750,000 KWH load from the current 13,000,000 KWH.

EZ Energy Services helped manage the bidding process to attain maximum value, and the complete proposed project cost came $4.5M. We first arranged for the client to secure a NJ Clean Energy grant to cover the first $1M. For the remaining $3.5M, we brought in one of our network’s financial service providers and created a structure where the payments will take 55 months to cover the cost, and come directly and completely from the 45% savings; after this period, the savings remain completely in the client’s hands.