The energy retrofit market is steadily growing and the segment of the construction industry presents some unique opportunities as the economy recovers. With the economic downturn making credit availability for new construction scarce, construction contractors have been turning towards retrofit and renovation. Building and facility owners are continuously taking advantage of the financial and environmental benefits that come from mechanical, electrical, lighting, and window retrofits. Benefits include energy grants, tax credits, and energy savings that can be used to repay the funding for these renovations.
Energy retrofit construction requires the contractors to closely analyze the current level of electricity, heating, water, and other energy uses in a building and guarantee savings based on similar usage following the renovation. The contractor needs to be confident that the energy efficient upgrades will provide a company a certain amount of annual savings. With a combination of factors such as enhancements in energy efficiency technology, incentive programs, and an increased desire for "green" buildings, companies have plenty of reason to want these upgrades. Most of the facilities wanting energy retrofit work are in the public sector in the form of school districts and hospitals.
Project managers and contractors are getting more involved, taking clients through the whole process to ensure their visions are brought to life. Contractors are made instantly aware of cost expectations and can serve as experts to the client. They keep up with the current construction trends and can advise on matters such as energy efficiency. Energy Management Systems are one way to do this, with automated controls that monitor and optimize energy use. EMS automatically track temperatures, energy and consumption inside buildings to create the most comfortable environment at the lowest cost. Construction Business Owner Magazine states that "by installing a system that uses energy efficiently, clients are playing a proactive role in reducing energy consumption on behalf of their customers."
The prospering energy retrofit construction industry requires appropriate tools for the job. Most vehicle company's new model pickup trucks are appropriately fuel efficient, lighter, and create less carbon emissions such as the 2014 Ford F-150. The
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