NS energy efficiency achieves $$ returns
Halifax, Canada (GLOBE-Net) – Nova Scotia companies participating in an energy efficiency project have achieved an average return of $7.40 per year for every dollar invested, reports the Eco-Efficiency Business Assistance Program (E2BAP).
Since October 2005, 16 companies have participated in E2BAP in Nova Scotia. On average, each dollar invested in the program has generated a potential annual savings of $7.40 and has identified $77,000 per year in potential savings for each small- or medium-sized business assessed. E2BAP also estimates that each assessment has identified an average of 5700 tonnes in annual greenhouse gas emissions reductions.
Program Manager Gerry Archibald said that all companies said they would recommend the program to other businesses in the future.
The delivery agency for E2BAP is the Eco-Efficiency Centre, an outreach organization of Dalhousie University’s Faculty of Management. Cooperating agencies and program sponsors include Natural Resources Canada, Environment Canada (Atlantic Region), Atlantic Canada Opportunities Agency, Nova Scotia Environment and Labour, Nova Scotia Office of Economic Development, Nova Scotia Department of Energy and Nova Scotia Power Inc.
E2BAP offers an environmental review, a pollution prevention workshop, an opportunity assessment and an implementation assessment to small- and medium-sized businesses at no cost or at a greatly reduced price.
For example, one of the program’s 24 consultants – typically an engineer with expertise suited to meet the individual company’s needs – will conduct an Eco-Efficiency Opportunity Assessment, including data collection, identification of opportunities and potential savings, preliminary cost estimates, and recommendations for next steps. The assessment can include reviews of energy, water and material use, equipment, process operations, management practices, and environmental policy. Companies pay $500 for a standard $2,000 assessment.
One company that has gone through the process is Intertape Polymer Group Inc.., a developer and manufacturer of specialized polyolefin plastic and paper packaging products with a manufacturing plant in Truro, Nova Scotia. Plant engineer Norm Pearce says he was pleased by the process and looks forward to implementing the recommendations.
“The biggest reduction in energy that was found was to our water-cooling system. We could save $100,000 per year, half in energy costs. But it will cost $500,000 to implement these changes, so we are trying to find funding for that project,” he says.
Follow-up interviews with E2BAP in September 2006 revealed that participating companies have implemented 25 percent of the recommendations and another 48 percent were in progress.
Since October 2005, 16 companies have participated in E2BAP in Nova Scotia. On average, each dollar invested in the program has generated a potential annual savings of $7.40 and has identified $77,000 per year in potential savings for each small- or medium-sized business assessed. E2BAP also estimates that each assessment has identified an average of 5700 tonnes in annual greenhouse gas emissions reductions.
Program Manager Gerry Archibald said that all companies said they would recommend the program to other businesses in the future.
The delivery agency for E2BAP is the Eco-Efficiency Centre, an outreach organization of Dalhousie University’s Faculty of Management. Cooperating agencies and program sponsors include Natural Resources Canada, Environment Canada (Atlantic Region), Atlantic Canada Opportunities Agency, Nova Scotia Environment and Labour, Nova Scotia Office of Economic Development, Nova Scotia Department of Energy and Nova Scotia Power Inc.
E2BAP offers an environmental review, a pollution prevention workshop, an opportunity assessment and an implementation assessment to small- and medium-sized businesses at no cost or at a greatly reduced price.
For example, one of the program’s 24 consultants – typically an engineer with expertise suited to meet the individual company’s needs – will conduct an Eco-Efficiency Opportunity Assessment, including data collection, identification of opportunities and potential savings, preliminary cost estimates, and recommendations for next steps. The assessment can include reviews of energy, water and material use, equipment, process operations, management practices, and environmental policy. Companies pay $500 for a standard $2,000 assessment.
One company that has gone through the process is Intertape Polymer Group Inc.., a developer and manufacturer of specialized polyolefin plastic and paper packaging products with a manufacturing plant in Truro, Nova Scotia. Plant engineer Norm Pearce says he was pleased by the process and looks forward to implementing the recommendations.
“The biggest reduction in energy that was found was to our water-cooling system. We could save $100,000 per year, half in energy costs. But it will cost $500,000 to implement these changes, so we are trying to find funding for that project,” he says.
Follow-up interviews with E2BAP in September 2006 revealed that participating companies have implemented 25 percent of the recommendations and another 48 percent were in progress.
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