January 2023
4 min read
Business owners with an energy-efficient HVAC system in good working order likely take it for granted. This is a good thing. The alternative is the stress and frustration of a failing HVAC system. It can impact everyone in your organization and distract from day-to-day operations.
A failing HVAC system can cause employee discomfort, business interruption, and high energy bills. When you quantify the associated cost to your business, it's easy to see how investing in a new and energy-efficient HVAC system can save your business money.
The benefits of investing in an energy-efficient heating and cooling system (HVAC)
Investing in an energy-efficient HVAC system will have a measurable impact on your bottom-line.
Lower energy bills
It is well documented that space heating and cooling can consume up to 60% of a commercial property energy bill. The percentage is likely higher if your equipment is old or faulty. Upgrading outdated equipment to an energy-efficient model can save you money.
An updated model will operate better. And, an ENERGY STAR® certified HVAC unit is more efficient than other current models, and will cost up to six percent less to run. These efficient units also help reduce the overall carbon footprint of your business.
Comfortable staff
When your staff is comfortable, they're more productive and happier. It's easier to focus when you aren't too warm or too cold. Comfortable staff remain at their workstations for longer periods, resulting in consistent productivity.
How an energy-efficient heating/cooling system can save a business money
Below are more tangible ways an energy-efficient HVAC system can save your business money:
Reduced heating costs
If you’re a business based in New Brunswick, most of your heating and cooling expense is likely heating. A failing HVAC system will have to work extra hard to regulate temperatures in your building. This can create uncomfortable temperature inconsistencies. And it can spike your energy bill in the thick of winter.
A new HVAC system is more accurate and efficient. It has improved temperature detection enabling it to keep temperatures more consistent.
Lower repair costs
New HVAC models often carry a warranty for several years after purchase. Not to mention, a new model will operate better than an ailing model that is 20 years older. Maximize your new unit's life expectancy by performing regular maintenance.
Smart thermostat compatibility
Recent HVAC models are compatible with smart thermostats. Smart thermostats are excellent tools for energy efficiency, saving energy by learning from user behaviour over time. They track data and adjust temperatures when the building is empty. (Be sure to verify HVAC models against various smart thermostat brands to ensure compatibility.)
Provincial rebates
NB Power has designed a program to fit your energy-efficiency upgrade needs. Ask us how you can get 25 percent back on costs for energy-efficient upgrades.
The best time to invest in an energy-efficient cooling system
Central HVAC units have a lifespan of roughly 15 years, depending on maintenance and repair history. If your HVAC unit is near the 15-year mark, it might be time for a replacement.
Common signs of a failing HVAC system:
- Rising energy costs without discernible cause
- Excessive dust throughout the building
- Inexplicable temperature fluctuation and high humidity
- Frequent compressor failure or other mechanical failures
- Excessive noise from the system
Is it time to replace your business's HVAC system? We can help.
An energy-efficient HVAC unit can help your business save money. It helps to create a comfortable work environment, and takes less energy to operate. It also reduces your business's carbon footprint.
Energy-efficient cooling systems have better temperature detection and don't need as many repairs. As well, they are compatible with smart thermostats, and qualify for government incentives.
To learn more about the benefits of efficient HVAC systems and the incentive programs available, contact our team today.
FAQ
How does energy efficiency save money?
Energy efficiency saves money by optimizing device performance, so it takes less energy to complete the same task.
How can businesses reduce energy consumption?
Businesses can reduce energy consumption by upgrading outdated HVAC equipment. Encouraging energy-saving behaviour also helps, including only heating or cooling occupied rooms, powering down equipment, and turning off lights.
What are some energy-saving ideas in the workplace?
- Power down point-of-sale equipment. Consider replacing outdated registers for tablets with payment processing software.
- Shut down computers and monitors at the end of each workday.
- Properly weatherize and insulate doors and windows.
- Use energy-consumption data tracking, such as the ENERGY STAR® Portfolio Manager. Data tracking will help you identify your greatest energy-saving opportunities.
Will a new HVAC system save money?
Yes, a new HVAC system will save your business money. An ENERGY STAR® certified HVAC will save you even more and is compatible with leading brand smart thermostats. An energy advisor can help you estimate the cost savings and return on investment associated with upgrading your equipment.