Efficiency Technologies, Inc.'s Chiller Efficiency Tool Saves Northeastern Oklahoma Hospital Over $100,000 in Energy Costs
December 09 2004 - 11:54AM
PR Newswire (US)
Efficiency Technologies, Inc.'s Chiller Efficiency Tool Saves
Northeastern Oklahoma Hospital Over $100,000 in Energy Costs TULSA,
Okla., Dec. 9 /PRNewswire-FirstCall/ -- Efficiency Technologies,
Inc., (EffTec), a wholly-owned subsidiary of American Resource
Management, Inc. (OTC Pink Sheets: ARMM), has released a study
completed in November, 2004, which documents over $100,000 in
energy savings for St. Francis Hospital, a Northeast Oklahoma
hospital, utilizing its internet-based chiller energy efficiency
tool. Prior to its use of EffHVAC, St. Francis Hospital's
engineering team had already been cited for a best maintenance
practices policy; therefore, the energy savings was in addition to
stringent operating conditions for its centrifugal chillers. "Being
able to realize the significant cost avoidance at such a world-
class facility that has already embraced and implemented a best
practices policy demonstrates how our EffHVAC service can help any
facility save money and improve their HVACoperations," stated
Derrick Shoemake, President of EffTec. From January, 2004 to
October, 2004, St. Francis' physical plant produced more tons of
cooling at a lowest cost per ton resulting in energy savings of
$100,373. The total annual investment in the EffHVAC tool was
$3,000. This represents a 40 to 1 return on an annualized
investment with a payback time of less than 10 days. EffHVAC
analyzes centrifugal chiller log data, calculates and trends
chiller performance and troubleshoots problems. EffHVAC has
advanced charting and reporting capabilities that make it possible
to verify even the slightest improvements in operations. It
provides cost analysis including water usage and affords facilities
the ability to improve operations and their bottom line. "There are
approximately 120,000 commercial centrifugal chillers in the U.S.
Based upon our St. Francis case study, if all chillers were
committed to a best energy practices policy and utilized EffTec's
chiller efficiency tool, energy savings nation wide could exceed
$2.8 billion dollars annually," stated Derrick Shoemake. About
Efficiency Technologies, Inc. Efficiency Technologies, Inc.
("EffTec") has developed a web-based energy management services for
centrifugal chillers. The Department of Energy has estimated that
chillers waste up to 30% of their cooling energy through
inefficiency. EffTec's web-based service provides a diagnostic tool
that provides plant managers of centrifugal cooling systems the
ability to evaluate, monitor and manage their chiller's
performance. Efficient monitoring and treatment can save tens of
thousands of dollars per year in energy and maintenance costs. To
see the complete case study in detail, visit
http://www.efftec.com/casestudy.html or call Don Clark toll-free at
1-866-333-8321 for more information. ARMM is an energy
resource-based holding company located in Tulsa, Oklahoma.
Forward-looking statements in this release are made pursuant to the
Safe Harbor Provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to
certain risks, and uncertainties and actual results could differ
from those discussed. This material is information only and is not
an offer or solicitation to buy or sell the securities. DATASOURCE:
American Resource Management, Inc. CONTACT: Don Clark, Corporate
Sales Manager of Efficiency Technologies, Inc., +1-866-333-8321 Web
site: http://www.efftech.com/ http://www.efftec.com/casestudy.html
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