- 9 reads
Our GREENandSAVE Staff is always on the lookout for cost-effective energy savings to help businesses in Arkansas become more sustainable. The Energy Intelligence Center has developed some excellent Chiller Plant Energy Savings ranging from 15% to 40% via their OptikW algorithmic software platform. The software solutions do not require new equipment and the compensation for the services is paved on the savings generated. This is a win/win for businesses and the environment.
Air Conditioning and Refrigeration Optimization are core strengths of the Energy Intelligence Center. As sensor and control technology continues to improve, their team has demonstrated proven results using their advanced logic that leverages ambient conditions like temperature, humidity, and dew point to optimize HVAC systems.
If you would like us to profile your company's technology, please Contact Us so that we can review your offering.
For an example of other sustainability solutions in Arkansas, see: https://www.arkansasbusiness.com/article/132870/5-financial-incentives-for-sustainability-minded-businesses
"3. Waste Reduction and Recycling Equipment Credit
This tax credit can amount to 30% of the cost for 'waste reduction, reuse or recycling equipment,' including the cost of installation.
Eligible entities include those businesses 'engaged in the business of reducing, reusing or recycling solid waste material for commercial purposes.' The credit used for a taxable year may not exceed the tax due; any unused credit may be carried over for a maximum of three consecutive years.
4. Arkansas Energy Technology Loan (AETL)
The AETL Program finances energy related cost reduction retrofits and green energy implementation for Arkansas companies.
The AETL program encourages Arkansas companies to make investments in clean technology and improve energy efficiency of their processes and facilities. Low interest rate loans are provided to assist those companies in financing their energy cost reduction efforts.
The program's revolving loan mechanism allows borrowers to repay loans through the stream of cost savings realized from the project."
