An energy audit report includes a financial analysis of recommended capital investments to show a net positive cash flow from the identified savings. The internal rate of return on the investment is calculated and can be tailored specifically to your business to show present and future value of savings, given your discount rate.

Performance Contracting

A performance contract is a risk mitigation option to implement energy projects where the savings is guaranteed by Capacity Engineering. Additional measurement and verification equipment is installed to clearly identify savings. A performance contract is a great way to secure financing for a large, all-inclusive energy reduction project. Capacity Engineering will help find private funding for performance contracts.

Lease Option

A lease is an excellent way to fund energy savings projects that would not otherwise be implemented. Often, projects with longer paybacks are put off until projects with quicker paybacks are finished. A lease will allow your business to install new or better equipment with many benefits, including maintenance and energy savings. Tax exempt organizations cannot benefit from tax incentives for energy projects but a lease will allow some of these savings to be indirectly passed to your business.

Rebates and Incentives

There are currently many government programs that will provide incentives to implement energy projects. Tax benefits, including the Energy Policy Act of 2005, and accelerated depreciation programs make energy projects very appealing right now. Utility companies are being forced to reduce their demand and are offering very large incentives to implement some energy projects.

Government Energy Programs

The energy auditors at Capacity Engineering are experts in the government programs related to energy. Ohio House Bill 264 allows K-12 education facilities to take on debt for energy projects without approval from the tax payers. Ohio House Bill 251 requires colleges to reduce their energy consumption by 20% by 2014, using 2004 as a baseline.