BioPCMTM is a thermal energy storage product that saves energy. BioPCMTM transforms normal buildings into regenerative structures that recycle heat that would normally need to be removed using costly cooling systems into useful heat that helps keep the space warm during the night. For buildings that do not need to use the daytime heat for evening heating, BioPCMTM shifts a portion of the cooling load thus reducing peak energy demand. By shifting a portion of the cooling load to nighttime when outside ambient conditions are lower, the HVAC system runs more efficiently and thus saves on total energy costs.
As indicated on the chart to the right, energy costs are one of the more volatile commodity prices in the US economy. According to the consumer price index the average annual utility rate escalation over the last 25 years was 6.3%. Assuming this same rate of utility inflation, a kWh that costs 11 cents in 2016 will cost 50 cents in 2041, twenty five years from now. Future environmental concerns may also result in a CO2 usage tax that could raise the price of energy even higher. A BioPCMTM investment today provides an attractive ROI in most applications utilizing today’s energy prices. With no moving parts and a very long life, BioPCMTM will provide energy savings year after year for the life of the building.
Peak Electrical Demand Shifting
Some utilities use variable pricing to incentivize their customers to reduce electrical demand during peak times by charging significantly more for electricity during those usage hours. BioPCMTM can be used to shift cooling power usage to off peak hours providing additional cost savings for consumers while providing demand reductions for utilities.
Heating and cooling typically make up half of a home’s energy use. BioPCMTM typically reduces HVAC energy consumption by over 30 percent. Thus adding our product to a building can reduce its total energy use by more than 15 percent.