Economic Woes and the Need for Energy Efficient Technology
- Author Sid Abma
- Published October 5, 2011
- Word count 533
Economic uncertainty is the major issue we face in today’s world. Large and local businesses are struggling to simply stay afloat and are looking for anything that might make a difference to their bottom line. The current trend has been for large scale companies to push new, improved, and alternative technologies to struggling businesses with the allure that they’d help stimulate business. Unfortunately, the economy hasn’t recovered to the point where alternative technology is profitable or saves businesses money. Many would argue that the real solution to businesses looking to save money and gain new customers is to invest in energy efficiency technology for your business.
Economists would agree that the U.S.A and the Global economy are not doing as well as they could be. Specifically in Western nations, all the progress that was made in the area of energy alternatives and new technologies has had to pause due to lack consumer spending.
Alternative energy such as wind, solar, and geothermal began to hit it off with many major industries around the globe before the economic crisis and still to this day. The argument for alternatives was grounded on the fear of global warming and economic collapse that would stem out from a decrease in employment.
However, the idea that alternative energy sources would be the revitalization that the world needs was flawed from the get go. First off, alternative energy is a huge and expensive project that involves starting from the ground up. A business needs to already be financial well off if they even want to break ground with alternative energy.
As alternative energy was growing around the world, the longstanding energy efficiency industry stood its ground. Alternative energy requires businesses and industry to start fresh where as energy efficiency technology simply improves preexisting technology to function cleaner and more efficiently.
Energy efficiency technology has many benefits for both your business and the environment. By reducing the energy that your equipment consumes you instantly beginning reducing CO2 emissions, conserve water, and help insure a healthier environment for the future. A reduction in consumption also means saving money on utility bills such as electric, gas and water.
A major hurtle that prevents businesses from using environmentally friendly products is the upfront costs of the technology. Fortunately, for energy efficiency technology businesses can pay for the technology within a surprisingly short period of time. For example, the energy efficient technology that our business Sidel Systems USA creates is able to save enough natural resource that it pays for itself as soon as 6 months after installation.
The economic difficulties of the day should not put an end to businesses making smart and profitable decisions. Energy efficiency is an invaluable way to work towards the goal of reducing environmental impact while still insuring your business will find success in the future. Alternative energy sources are an important yet massive undertaking that most businesses are simply not ready to make. Choosing technology like our Waste Heat recovery condensing economizer or some other form of energy efficiency technology will go a long way in helping your business grow while staying true to the values that your business and your customers hold true.
Sid Abma is the president of Sidel Systems USA, Inc. and a leading expert in waste heat recovery and flue gas condensing economizer technology. To find out more about how waste heat recovery can help you lower energy costs, increase profits, and reduce C02 emissions visit [http://www.sidelsystems.com](http://www.sidelsystems.com/)
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