Retirement Community saves $120,000 in year one
Our global Best.Energy partner Eco Energy, has helped the residents association at Kings Point by reducing their monthly assessment fees, helping them to keep more of their monthly budget for the nicer things in life, by introducing Ensicope Real Time Energy Management solution.
Introduction
With year on year increases between 10 and 15% energy costs presented a serious issue for the retired residents who were required to pay any increase out of their fixed retirement incomes.
Following an energy audit, Eco Energy put together a plan of action based on the potential for savings and the payback period expected to be received on any investment
The energy management solution?
The solution put forward combined retrofit LED lighting systems in conjunction with motion sensors, Airsense, Chilled Unit Energy Savers (CUES), as well as Variable Frequency Drives (VFDs) on pool motors across the site.
Further opportunities to push those savings are now being investigated, as the management team explore the potential to extend the scheme to other areas of the site.
The Results?
Just over 12 months on, Kings Point has benefited from a 35% reduction in their annual energy spend, resulting in a cash saving of $120,000 in year one.
All achieved without compromise in lighting quality, with many residents reporting better levels of light in key areas of the site.
Vice President, Special Projects Lisa Manzione says:
"We would absolutely recommend the BEST product to other companies. Vesta property services will continue to implement the products across the facilities we manage so that we can pass on the reductions to our residents."
