9th February 2024
Cresstec delivers an average 40.05% real world energy savings for a major Australian Government department.
In November of 2022, in conjunction with BGIS’s Innovation team, Cresstec installed our world first patented technology, REED and H-DAC AI products at a site in Richmond NSW Australia.
Our cutting-edge systems are lowering energy consumption and carbon emissions, with observed average energy savings of 40.05% (electricity usage was reduced by 24,570 kWh) over 12 months, along with a 20.18 ton cut in carbon emissions and an estimated payback period of 1.8 years.
The Government has initiated a range of investments to drive a 43 per cent reduction in Greenhouse Gas Emissions by 2030 and achieve net zero by 2040. The program is delivering renewable energy and associated technologies, leading high-level feasibility assessments of low emission including energy and fugitive gas emission reduction technologies.
“The results far exceeded our expectations. The ROI achieved on this case study makes for an incredibly compelling proposition for stake holders of this type of equipment. ”
These retrofit products are easily installed to any existing or newly installed commercial HVAC-R system, with the whole system requiring less than 60 watts of power to operate. The system is extremely quick to install with minimal downtime of the existing infrastructure.
Cresstec CEO Ian Nankivell stated. "The results far exceeded our expectations. The ROI achieved on this case study makes for an incredibly compelling proposition for stake holders of this type of equipment. With HVAC-R being the largest single sector user of electricity on the planet our technologies are delivering real world results, that with mass adoption, could have us reaching emissions targets now."