The AEA has Extended the Application Period for Commercial Energy Audits

Alaska Energy Authority LogoAccording to the Alaska Energy Authority (or AEA), nonresidential buildings consume more than half of all building energy use in Alaska. A commercial energy audit, also known as an energy assessment, is the first step to assess how much energy your commercial building consumes and to evaluate what measures you can take to make it more energy efficient. An assessment will show you problems that may, when corrected, save you significant amounts of money over time. A simple commercial audit can shed light on inefficiencies and highlight cost saving methods to reduce energy expenditure for your business.

The program covers up to 75% of the cost of a level 1+ audit performed on a privately-owned commercial building for anyone outside of the municipality of Anchorage, including the Fairbanks Northstar Borough. The cost depends on the size of the building: it ranges from $600 for buildings up to 3,000 square feet to $2,100 for buildings over 20,000 square feet. For an approved 2,000 square foot building, for example, the program would pay $450 while the building owner would pay the remaining $150.

The new deadline for applications is the 30th of September. Results of past similar programs indicate energy savings of 1/3 resulting from economic efficiency investments with average simple paybacks of just over six years. Some examples of these results can be found at the following link:  www.akenergyefficiencymap.org.

See this contributor to the Washington post rave about energy audits here: https://www.washingtonpost.com/realestate/home-energy-audit-the-best-money-ive-ever-spent/2018/02/01/06643628-fbac-11e7-ad8c-ecbb62019393_story.html?noredirect=on&utm_term=.e670b02e16e6

You can apply for the program or find additional resources here: http://www.akenergyauthority.org/Efficiency/CommercialAudit