skip to main content
OSTI.GOV title logo U.S. Department of Energy
Office of Scientific and Technical Information

Title: Shared-savings cuts hotel's losses from EMS removal

Abstract

A shared-savings contract will minimize the Myrtle Beach, SC Downtown Holiday Inn's losses of replacing a poorly performing Energy Master energy-management system with Scientific Atlanta equipment. The contract with Energy Master Inc. (EMI), which saved Holiday Inn the $80,000 to $90,000 purchase price, also permitted removal (a year after installation) of the equipment when it failed to generate energy savings. A dispute between Associated Energy Consultants (AEC), which was to receive half the savings in exchange for arranging the equipment financing, is described. At $51,745, the 262-point Scientific Atlanta system should have a 1.7-year payback. The hotel's electric bills were $2000 a month lower during the first three months of operation. (DCK)

Authors:
Publication Date:
OSTI Identifier:
6601602
Alternate Identifier(s):
OSTI ID: 6601602
Resource Type:
Journal Article
Resource Relation:
Journal Name: Energy User News; (United States); Journal Volume: 7:45
Country of Publication:
United States
Language:
English
Subject:
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION; ENERGY MANAGEMENT SYSTEMS; FINANCING; PERFORMANCE; HOTELS; CONTRACTS; BUILDINGS; COMMERCIAL BUILDINGS; ENERGY SYSTEMS 320104* -- Energy Conservation, Consumption, & Utilization-- Commercial & Industrial Buildings-- (-1987)

Citation Formats

Galvin, C. Shared-savings cuts hotel's losses from EMS removal. United States: N. p., 1982. Web.
Galvin, C. Shared-savings cuts hotel's losses from EMS removal. United States.
Galvin, C. Mon . "Shared-savings cuts hotel's losses from EMS removal". United States. doi:.
@article{osti_6601602,
title = {Shared-savings cuts hotel's losses from EMS removal},
author = {Galvin, C.},
abstractNote = {A shared-savings contract will minimize the Myrtle Beach, SC Downtown Holiday Inn's losses of replacing a poorly performing Energy Master energy-management system with Scientific Atlanta equipment. The contract with Energy Master Inc. (EMI), which saved Holiday Inn the $80,000 to $90,000 purchase price, also permitted removal (a year after installation) of the equipment when it failed to generate energy savings. A dispute between Associated Energy Consultants (AEC), which was to receive half the savings in exchange for arranging the equipment financing, is described. At $51,745, the 262-point Scientific Atlanta system should have a 1.7-year payback. The hotel's electric bills were $2000 a month lower during the first three months of operation. (DCK)},
doi = {},
journal = {Energy User News; (United States)},
number = ,
volume = 7:45,
place = {United States},
year = {Mon Nov 08 00:00:00 EST 1982},
month = {Mon Nov 08 00:00:00 EST 1982}
}