Call us to find out if you qualify for up to 50% Investment Tax Credit
Call us to find out if you qualify for up to 50% Investment Tax Credit
Finding the operating nexus between heat, light, and humidity is a complex control issue that is sometimes not well suited for traditional HVAC systems. Typical package systems are energy intensive and offer poor control during transition periods of high transpiration or when environmental parameters challenge system capabilities.
The ability to provide tight temperature and humidity control while minimizing energy consumption is not often a possibility when rapid expansion is the overarching goal but in the end, taking the right approach instead of the fast approach can save you hundreds of thousands of dollars.
In addition, third party ownership structures can preserve precious capital for license acquisition, retail development and facility buildout. HVAC infrastructure can consume significant capital in newly developed agribusiness facilities.
The application of Combined Heat and Power solutions offers several unique advantages. First, the recovery of heat energy from generation applies to either chilled water production, intake reheat, or regeneration of desiccant dehumidification mediums and can reduce overall utility consumption by as much as 35%. Depending on regional utility costs this can save a 75,000 square foot facility up to $950,000 per year. Efficient design provides redundancy in heating, cooling and power systems ensuring that crop loss is minimized due to resilient facility design.
Under third party ownership structures, NgenX Energy brings the utility to you. On-site power generation with heat recovery delivers lower cost energy, reduced consumption and a lower carbon footprint all with no up front capital expense. Incentives from federal, state, local and Utility programs when applied and monetized reduce investor capital required for critical infrastructure further lowering your cost of energy. This unique approach to operations can transition a large portion of initial capital expenditure for cultivation development to ongoing operational expense reducing time on your path to profitability.
The key to successful growing is creating the environment for product to flourish and that is where the NgenX Energy expertise lies.
Depending on regional utility costs this can save a 75,000 square foot facility up to $950,000 per year and defer millions of dollars in capital expense. Efficient design provides redundancy in heating, cooling and power systems ensuring that crop loss is minimized due to resilient facility design.
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To more fully support our customers' energy needs, NgenX has teamed with Transparent Energy. Utilizing their proprietary reverse auction platform, NgenX can help you secure the lowest possible energy pricing for your facility.