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We completed the Loudon Arms Boiler replacement last fall. We have just about completed our first full heating season with the new high efficiency boilers in place.
I wanted to get out some data to give you an idea as to how we are doing. I have not adjusted out YTD results for heating degree days but I believe we had more heating degree days in 2010 than we did in 2009 which would yield even more dramatic results than what we are seeing here.
Our total investment was $286,803.
Less the National Grid Rebate we received ($81,824).
Net $ invested $204,979.
We saved 17% usage property-wide compared to the same period last year (remember boiler 17 was not replaced and this plant drags down the curve).
Our 12 month total gas expense was ($72,314) less than the 12 months prior.
This represents a 36% return on the Net Investment.
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Loudon Arms
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17 Old Hickory
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16 Old Hickory
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6 Old Hickory
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308 Northern
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24 Old Hickory
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Total
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(therms)
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(therms)
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(therms)
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(therms)
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(therms)
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(therms)
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March 2011
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9,267
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6,857
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8,951
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10,811
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4,749
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40,635
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February 2011
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8,446
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5,994
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7,605
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8,441
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5,327
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35,813
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January 2011
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11,645
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8,342
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10,313
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11,498
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6,146
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47,944
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December 2010
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10,045
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8,852
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9,994
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11,189
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4,776
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44,856
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November 2010
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5,994
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4,694
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5,468
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6,466
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4,799
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27,421
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October 2010
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4,761
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2,898
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3,134
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3,900
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2,652
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17,345
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September 2010
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1,351
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937
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1,009
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1,280
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611
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5,188
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August 2010
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691
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940
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967
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1,342
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873
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4,813
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July 2010
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640
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886
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930
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1,271
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636
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4,363
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June 2010
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958
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1,091
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1,208
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1,546
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874
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5,677
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May 2010
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2,780
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2,140
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3,627
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3,013
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1,342
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12,902
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April 2010
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5,311
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4,410
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6,287
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5,230
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4,579
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25,817
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Total 12 Month Usage
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61,889
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48,041
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59,493
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65,987
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37,364
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272,774
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% Decrease from 2010
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-2%
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-24%
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-24%
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-20%
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-11%
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-17%
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Total 12 Month Expense: $238,196
% Savings: -23%
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17 Old Hickory
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16 Old Hickory
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6 Old Hickory
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308 Northern
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24 Old Hickory
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Total
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(therms)
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(therms)
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(therms)
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(therms)
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(therms)
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(therms)
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March 2010
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9,267
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6,857
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8,951
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10,811
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4,749
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40,635
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February 2010
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8,446
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5,994
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7,605
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8,441
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5,327
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35,813
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January 2010
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11,645
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8,342
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10,313
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11,498
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6,146
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47,944
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December 2009
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10,045
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8,852
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9,994
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11,189
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4,776
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44,856
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November 2009
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5,994
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4,694
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5,468
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6,466
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4,799
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27,421
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October 2009
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4,761
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2,898
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3,134
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3,900
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2,652
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17,345
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September 2009
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1,351
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937
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1,009
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1,280
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611
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5,188
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August 2009
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691
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940
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967
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1,342
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873
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4,813
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July 2009
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640
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886
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930
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1,271
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636
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4,363
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June 2009
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958
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1,091
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1,208
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1,546
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874
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5,677
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May 2009
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2,780
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2,140
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3,627
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3,013
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1,342
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12,902
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April 2009
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5,311
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4,410
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6,287
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5,230
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4,579
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25,817
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Total 12 Month Usage
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63,365
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62,884
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78,621
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82,798
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42,118
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329,786
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Total 12 Month Expense: $310,510
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Jessie Albert Myers
Dawn Homes Management
Albany, NY
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Highland & Company, Inc. ● 10 Commerce Park Drive ● Wilton, NY 12831
Phone: 518-583-4187 ● Fax: 518-583-1841
Email Highland & Company
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