Invisible wasted energy
September 29, 2015
Our homes waste a lot of energy. That hurts our pocket books. It also hurts the environment.
The first principle of a Smart Energy Community is conservation and efficiency – “if you don’t need it, don’t use it”. The problem is that you can’t see wasted energy – not like a leaky faucet.
To address this problem, a start-up company in Calgary – My Heat – has developed a platform to help residents visualize the amount and location of invisible waste heat leaving their homes, communities and cities.
On the financing front, Guelph is moving forward on an innovative program – Guelph Energy Efficiency Retrofit Strategy – to make it easier for homeowners to invest in technologies that save energy. Using property-assessed energy retrofit financing, which is tied to the property not the homeowner, the program aims to retrofit 80% of the current housing stock, over 38,000 homes and deliver 539 GWhe in annual energy savings from the residential sector. These energy savings could keep up to $75 to 125M in the local economy and could create up to 100-150 jobs (e.g. contractors, electricians and plumbers).
Property-assessed financing addresses an important barrier to energy retrofits – a payback period longer than the time a homeowner typically intends to remain in a home. It has also been used to promote the uptake of solar technologies in Halifax.
There is a lot of talk about climate change. These new technologies and programs can and are delivering results.