Businesses can manage their heating and cooling costs by utilising GSHP technology, says Geothermal International
With energy bills rising exponentially, there has never been a better time for businesses to consider the benefits of renewable energy, and specifically Ground Source Heat Pump (GSHP) systems.
Investing in GSHP systems can save businesses thousands of pounds in heating and cooling bills and will improve their carbon footprint, according to Brian Davidson, CEO at Geothermal International, the UK’s leading supplier of ground source heating and cooling systems.
Heating and cooling buildings is a major drain on the bottom line of most companies. Recent research found that up to 40% of company annual energy budgets are spent heating and cooling commercial premises using traditional oil or gas systems, and with continued increases in the cost of oil and gas, this is set to rise.
So as businesses look for ways to control costs, they should look to GSHP systems, which harness underground heat to warm and cool buildings.
GSHP systems can reduce building heating and cooling running costs by up to 70% and C02 emissions by up to 50%.
Many GSHP systems are 600% more efficient than a non-renewable energy source when heating and cooling buildings, and 400% more efficient for heating alone. They take up less internal space than oil or gas-fired boilers and require far less maintenance. Moreover, they are commercially viable and suitable for installation in any size of new building and certain existing buildings.
Brian Davidson, CEO at Geothermal International, said: “As the technology improves and energy prices inevitably rise still further, the potential for even bigger savings grows, as does the opportunity to reduce payback time by several years.
“Within a few years the system will pay for itself, and companies will know exactly what their heating and cooling costs will be for the coming years. However, if they have gas or oil heating systems, the only certainty is that costs will continue to rise.”
An example of the savings potentially provided by GSHP systems is Mansfield Hospital in Nottinghamshire. The system, due to come into operation shortly, is predicted to reduce energy consumption 9,600MW a year compared to gas or oil fired systems, and reduce carbon emissions by 1,700 tonnes per year – the equivalent to taking 600 cars off the road.
Geothermal International has numerous clients in the public sector, and has built systems for schools, police forces and the NHS. It also has a number of commercial clients including DHL, Unilever and B & Q.
Brian Davidson added: “In every area of business, companies look for ways to work smarter and to innovate.
“That should not stop at a company’s own product or service. Companies should make their buildings as efficient as their businesses. In these times of rising energy costs, GSHP can make a really positive impact on the bottom line.”
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