The Premium Efficiency Cooling Program will provide incentives to participating contractors and lodging properties to install Telkonet SmartEnergy on heating and cooling equipment in the greater San Diego County area and in limited areas in southern Orange County.
Telkonet claimed that with typical HVAC run time savings of 30%, hotel and motel operators can reduce energy costs, advance green initiatives, and improve guest comfort with its energy management controllers and occupancy sensors.
The Premium Efficiency Cooling Program is scheduled to run through December 31, 2012 or when funds are no longer available. In addition to rebate incentives toward the purchase of Telkonet SmartEnergy energy management equipment, hospitality properties who qualify are also eligible for an on-bill financing arrangement.
With the combination of equipment rebates and on-bill financing to eliminate the out-of-pocket installation expenses, lodging properties can automatically reduce energy consumption and costs and be immediately cash-flow positive, the company added.
Kecia Davison, regional vice president of Conservation Services Group, said: “The Premium Efficiency Cooling Program is dedicated to helping make buildings more energy efficient to protect the environment by reducing energy demand.
”The available incentives combined with the utility’s financing program eliminate the financial risk that up-front costs may present, removing one of the largest hurdles in the hospitality sector for becoming more energy efficient.
Ms Davison added, ”Partnering with Telkonet SmartEnergy not only advances environmental responsibility, but also showcases the financial benefits that can come from reducing energy consumption in heating and cooling equipment, the largest guestroom operating expense.”
