When planning a capital expenditure, one of the most important considerations is “how long will it take to recoup this investment”? Fortunately, Verdant energy management thermostats have some of the fastest payback periods in the industry – normally between 12-18 months. Let’s have a look at how that compares to other capex projects you may be considering in the future.
Source: Office of Energy Efficiency – Natural Resources Canada: Saving Energy Dollars in Hotels, Motels and Restaurants
As you can see, there is no better Capex investment right now. And with a variety of incentives and rebates provided by most local utility companies, it is not uncommon to see payback period of less than a year.
If you’re looking to find out how your utility company may incentivize our system cost, contact us.
To get a comprehensive report on the projected breakeven period for your property, learn more about how our free-trial program can project annual savings at your property, completely risk free.