06 Dec 7 Statistics on Fuel Management Systems For Commercial Buildings You Need to Know
Fuel management systems are an important investment for commercial buildings. They have the potential to save you money on your monthly energy bills, reduce greenhouse gas emissions, and help improve air quality in your building. However, there are many different types of fuel management systems available today that may be confusing to compare. Here’s a list of 7 statistics on fuel management system options for commercial buildings:
1. Fuel Management Systems Account For 40-70% Of The Energy In Commercial Buildings
For a fuel to be used effectively in commercial buildings, the energy must first be measured. For this reason, Fuel Management Systems are commonly used to measure and track usage while providing other benefits that contribute towards savings on monthly utility bills.
In fact, it is estimated that 40-70% of total energy consumption in commercial buildings may come from fuel management systems for these applications alone. In order to achieve maximum efficiency gains through proper operation of equipment such as boilers or chillers, it is important to keep an eye out for trends between different metrics including electricity use and natural gas consumption.
By looking at multiple pieces of data simultaneously – rather than just one metric like kWh/month – building managers can identify operations patterns and make changes accordingly without sacrificing the comfort of their occupants.
2. Upgrading Your Current Heating And Cooling System With Newer Technology Like Fuel Management Systems Can Save Up To 30% Annually On Utility Bills
According to the Alliance for Building Efficiency’s (AEE) Investor Leadership Group. The group found that by replacing older heating and cooling systems with high-efficiency fuel management systems up to 30% of utility costs can be saved annually.
This number varies depending on how your current heating and cooling system is currently programmed but it does confirm what many other businesses have already discovered: upgrading their HVAC system not only helped save them money in energy bills but also increased employee productivity since they don’t need to wait long periods of time for heat or air conditioning anymore!
Not sure if you can afford an upgrade? Many companies are able to finance these types of projects through third-party financing options like equipment leasing which makes installation possible even with a small down payment.
As with any new equipment, fuel management systems come in all shapes and sizes so it’s important to know what type of system you currently have before making an upgrade.
3. An Investment In A Modern Fuel Management System Can Pay Back Up To 67% Over Older Systems
There are many reasons why these systems can be so efficient in commercial buildings.
- they provide real-time information about fuel use which allows for better decision making when purchasing fuel
- they reduce emissions through their ability to track and control combustion processes with precision
- there are fewer maintenance costs because modern fuel management systems have self-diagnostics that allow them to communicate with service providers on issues before human intervention becomes necessary
- this also reduces downtime during emergencies or equipment failures where technicians need to come in person instead of being able to remotely address problems over phone calls or emails.
- they are cost-efficient
4. Fuel Management Systems Result In Increased Savings Through Reduced Operating Expenses
With fuel costs continuing to rise at an alarming rate, many commercial property owners are looking for ways to save money by reducing energy consumption while improving operational efficiencies.
By incorporating fuel management solutions into your facility’s building system design and operations strategy can result not only in increased savings through reduced operating expenses but also in improved safety and security throughout the entire organization as well as enhanced overall facility performance levels.
Fuel management provides both preventative maintenance scheduling and predictive diagnostics to help reduce maintenance costs and increase equipment availability.
5. Heat Recovery Ventilators (HRV), Which Exchange Stale Indoor Air With Fresh Outdoor Air, Reduce Total Energy Use By 10-15%
There is no doubt that fuel management systems are growing rapidly, especially considering this market was worth less than $500 million back in 2010 but now it has increased over 100% since 2012 where it reached more than a billion dollars throughout the entire industry.
While this may seem like a small number, the savings are multiplied by bigger buildings with higher heating and cooling demands. For example, a large office building or hotel can save $50,000 annually on energy use when using an HRV. Why are these systems so effective at reducing overall energy consumption?
The answer has to do with understanding how much fresh air your space needs for ventilation purposes versus reusing stale indoor air as part of the HVAC system in order to reduce costs associated with bringing in new outdoor air for every cycle that occurs within any given period of time. When commercial spaces don’t have enough fresh outside air coming into their space through properly functioning vents meant specifically for ventilation purposes it causes.
6. There Are More Than 50% Savings In Annual Operating Costs With A Natural Gas-Powered Cogeneration System Compared To Conventional Diesel Power Plants.
Commercial building owners can greatly reduce their energy costs by installing a fuel management system. A recent study found that more than 50% savings in annual operating costs with a natural gas-powered cogeneration system compared to conventional diesel power plants, and the average return on investment is less than two years.
Fuel management systems run off of high-pressure steam which can be used for heating or cooling purposes depending on the time of year it’s being utilized. The cost-effectiveness behind using one of these types of systems has been studied through many different cases studies across various countries throughout North America, Europe, and Asia Pacific regions have all shown positive results from utilizing fuel management systems within commercial buildings.
7. A Hybrid Electric Generator Can Produce Up To 80% Fewer Greenhouse Gases Than Traditional Generators Due To Its Use Of Combined Heat And Power (Chp) Technology.
A fuel management system can reduce a facility’s carbon footprint by up to 60% depending on the type of fuel used, according to industry experts. Fuel cells are one alternative that provides clean and dependable energy to commercial buildings.
In addition, Combined Heat and Power systems have been found to increase return on investment for commercial facilities as well as be efficient in terms of reducing greenhouse gases.
Fuel management systems accomplish this through automatic start-stop controls which optimize the availability, reliability, and efficiency of generators while providing vital backup power during outages or emergencies. This ensures maximum uptime without high costs incurred from maintenance due to an idle generator sitting dormant when it is not needed.
- In 2007, a total of 30% of commercial buildings used fuel management systems.
- 79 percent of the time, these fuel management systems use natural gas as their main or secondary source for energy.
- 19 percent of the time, they use oil, and only one to two percent use both electric power and steam in a building’s boiler system.
Just by investing in a modern fuel management system, you can see significant savings on your utility bills. How much are you currently spending each year? Let’s find out if upgrading to a new system will be worth it for your company! Call us today and we’ll help determine the best plan of action for reducing costs. We’re happy to answer any questions about this article or anything else related to energy efficiency. Give us a call now – our experts are ready to take care of all your needs!
Contact the Premier Source for Remote Fill Systems
Remote Fill Systems is the premier source for remote fill tanks and systems for generator fueling. We are committed to providing knowledgeable and experienced support to our customers from design and application through startup and commissioning. Our team has many years of experience with fuel oil as well as long experience in industrial process control and mechanical HVAC and piping systems. We have developed innovative and cost-effective products in response to customer needs, such as:
Pumped Remote Fill: The pumped remote fill is unique in its small 2 x 2 x 2 size. Small but powerful, the pumped remote fill is for applications that exceed 4 stories, which is the practical pressure limit for a diesel fuel delivery truck. The pumped remote fill unit is pre-assembled and factory tested. It is paired with a matching control panel with a status indicating lights and a motor starter. The unit may be ordered for flush or surface mount.