Welcome to the Energy Efficiency division at Machinery People, a prominent company specializing in Energy Efficiency Audits. Our dedication to sustainable development and Energy Efficiency is driven by a vision to minimize Energy wastage and protect the environment. In pursuit of this vision, we offer consultancy and solutions in Energy & Environment sectors, promoting sustainability and cost savings.
Our company endeavors to establish enduring partnerships with our clients, founded on principles of trust and professionalism, ensuring the delivery of exceptional services. We take pride in our position as a leading provider of Energy Efficiency solutions and as an ESCO (Energy Service Company) within the Industrial sector in the UAE.
What is Energy Efficiency ?
- Energy Efficiency addresses the Marco perspective of the complete Industrial process
- Improved energy performance of Individual Equipment and Systems e.g.Old pump with 40% efficiency vs new pump with 85% efficiency
- Energy efficiency is using technology that requires less energy to perform the same function
- Energy conservation is any behavior that results in the use of less energy
- Energy efficiency is a significant cost saving approach
Why Energy Efficiency ?
- Compliance with Regulation
- Energy Security
- Resources Conservation
- Long-Term Viability
- Environmental Sustainability
- Cost Saving
- Employee Morale
- Corporate Reputation
- Competitive Advantages
- Innovation and Technological Advancement
3 step Industrial Energy Efficiency Process
Our Solutions
Energy Audit
Energy Audit Reports
Energy Saving Proposal
Financing
Financing
Implementation
Monitoring (IOT)
Maintenance
Saving Guarantees
Saving Guarantees
What is an Energy Performance Contract?
- Energy Performance Contracting is a commercial agreement structure that allows for capital improvements focused on energy upgrades to be paid from the energy savings.
- Under an Energy Performance Contract an external organization implements a turn-key project to deliver energy efficiency while using the stream of income from the energy savings to repay the costs of the project, including the capital costs.
Benefits of Energy Performance Contract
- Removes Capex Burden
- Reduced Operation Cost
- Reduced Burden on Operations and Maintenance Team
- Improve Reliability
- Reduced Energy Cost
- Reduced AMC Costs
- Reduced Spares and Consumables Cost
- Increased Cash Flow
Types of Savings
Guaranteed Savings
- Machinery People provides the turn-key solution inclusive of engineering, equipment, implementation, commissioning, operations and limited maintenance.
- All costs are paid for by the customer, with project savings guaranteed by Machinery People.
- In the case that the savings fall short, Machinery People will reimburse the difference to the customer therefore burdening the risk of the project.
- The total project cost is reduced with the Guaranteed Savings contract as the cost of finance and the time value for money is unaccounted for from Machinery People perspective. The cost reduction results in a shorter contract translating into a few years of O&M, therefore reducing the cost of the project further.
Shared Savings
- All expenses for the project, inclusive of engineering, design, equipment, implementation, commissioning, operations, maintenance, risk and finance are covered by Financial Partners.
- All project costs are paid back from the savings generated by the project.
- The Energy savings are shared with the owner at a predetermined percentage over an agreed upon contract duration allowing Financial Partners to recuperate its investments.
- Should Financial partners shortfall on its targeted savings the predetermined percentage share will remain constant.
- This will create value and incur savings for the facility in areas outside of Energy Consumption that are not typically accounted for and therefore will be entirely benefiting the customer. (i.e. O&M, increased Life cycle, lesserAMC agreements).
- The customer will be fully capable of buying out the contract at any point if desired to take all the savings, in which case the customer has the option of paying a nominal O&M fee to Taka Solutions to Guarantee the savings.
How We Save
How We Save
