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Frequently Asked Questions 1. We are energy efficient. How can we further cut costs? 2. How is EIG able to find the latest, proven emerging technologies? 3. What special rebates are available and how is EIG able to provide them? 4. How does EIG differ from other companies that provide energy services? 5. How quick of a payback is generally expected with these products? 6. Are savings results measurable? 7. Are you able to arrange for projects with no cash outlay? 9. What are the requirements of our personnel?
1. We are energy efficient. How can we further cut costs? There are many advances in traditional and emerging efficiency technologies with proven performance that are not generally known in the market. Often, these are from product developers that lack the expertise and capability to get their products known in the mainstream market. Regardless of how effective you may have been in making your buildings energy efficient, you can often take advantage of these technology advances to further reduce energy costs, generally 10% to 30%. 2. How is EIG able to find the latest, proven emerging technologies? Consulting engineers, utilities, contractors, testing laboratories, universities, and end users advise EIG of product development companies with proven new technologies that need assistance in getting exposed and known in the marketplace. 3. What special rebates are available and how is EIG able to provide them? The public utility commissions and the utilities in various states have engaged in RFP and bidding processes to select companies to operate sole source, innovative technology and negotiated incentive programs to to develop more effective ways of utilizing rebate dollars and expanding energy efficiency in the marketplace. Generally, these programs are designed to encourage the use of the latest technology advances or to develop more innovative methods to use rebate dollars. 4. How does EIG differ from other companies that provide energy services? EIG is the recognized source for the latest advances of traditional and emerging energy efficiency technologies to enable energy users to often further reduce energy costs 10% to 30% beyond any energy savings they may have achieved in the past. . EIG’s management has been known for its specialization in energy technology advances and negotiated utility rebate programs for three decades. In addition to being the source for both traditional and emerging technology advances, EIG has negotiated and secured special utility incentives for customers, which are available only through EIG. Cities, schools, and companies can take advantage to avoid the cost and time loss of a required bid, due to EIG having been selected as the sole source provider of these special programs by the utilities from an RFP and bidding process. EIG provides a single source service for companies to identify opportunities in their facilities and coordinates all steps from inception through completion of projects, including rebate handling and no capital outlay financing for projects.. 5. How attractive of a Return on Investment or quick of a payback is generally expected with these products to impact on operating costs, net operating income, and property values? Energy costs are typically reduced an average 15% to 20% and in many cases in excess of 30%. An extraordinary R.O.I. averaging 30% to 40% is generally achieved with payback generally ranging between 12 and 42 months. A substantial increase in net operating income can significantly impact on property value. 6. Are savings results measurable? The performance of all EIG certified technologies is measurable. 7. Are you able to arrange for projects to be completed with no cash outlay, and at what rates? For building owners seeking to complete projects with no cash outlay, EIG arranges a variety of flexible no-capital outlay financial programs. Interest rates can be as low as 3.95% for public institutions and in the 6.5% to 8% range for private companies, depending on credit worthiness. Project finance periods are generally 24 to 60 months. Generally, for each dollar of financing cost each year, there are $7.50 to $8.00 of annual energy savings. EIG will determine which facilities qualify for rebates, arrange for rebate approvals, and complete paperwork and documentation requirements. 9. What are the requirements of our personnel? Requirements of your personnel are generally limited to providing information and access to facilities. EIG program personnel handles all the res EIG personnel are expert in performing tasks and scheduling work to avoid disruption of operations. There are no fees to customers for our services. EIG compensation is generally received from utilities to operate the incentive programs and from product manufacturers for EIG’s role to expand emerging technologies into the mainstream market
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