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MG Energy Assists the Client

MG Energy Group’s approach to helping to solve your energy problems is structured to your specific needs.

Our engineers will visit your site, gather the necessary energy data and the required information on your plant and equipment, perform an energy analysis, and finally determine the best energy efficiency solutions to meet the needs of your operations.

We report back to you on the recommended energy efficiency upgrades and/or renewable energy options available. Your personalized energy report will outline the cost of the energy saving implementation, the energy cost savings, and the expected ROI-----Return on Investment. We can tailor this financial analysis to help YOU present these energy cost savings to your company’s decision makers or we will assist you with this presentation.

We can offer a financial program with a long term lease option or we can help implement a self-funded program by helping certify all the tax reduction benefits, accelerated depreciation schedule, applying to the governmental agencies for funding, grants, loan guarantees in addition to helping you apply to your utility for possible rebates and funding.

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Energy - Tax Credits

Businesses can take a tax deduction for new or renovated buildings by reducing the energy costs associated with three components—lighting system; building envelope; and heating, cooling and water heating equipment. Buildings must meet the ASHRAE 90.1-2001 standard and be placed in service between January 1, 2006 and December 31, 2013 in order to be eligible. The deduction is available in two levels:

Buildings that save 50% or more of projected annual energy costs across all three system components are eligible for a tax deduction of $1.80 per square foot.

Buildings that save a percentage of projected annual energy costs for one of the three components—building envelope (10% energy savings), lighting (20%), and heating & cooling (20%)—are eligible for a partial deduction of $0.60 per square foot.

The organization that makes the expenditures is generally the recipient of the deduction, which can be taken in the year the building is placed in service. The building must be certified by a qualified individual (a licensed engineer or contractor) as meeting the energy cost savings goal.

State and Local Incentives

Often state and/or local incentives (grants, loans, investment credits, tax rebates) give even greater financial incentives to invest in energy conservation and or renewable energy projects. We have the resources to help you find these funding avenues.

Local Utility programs

Your local utility is an often overlooked source of funding for energy conservation projects. Ohio requires utilities to achieve a 22.2% cumulative kWh reduction through energy efficiency programs by 2025. This Ohio Bill also requires public utilities to purchase or produce a minimum of 12-1/2% power from Renewable Energy sources. See REC’s below.

Renewable energy Credits - (REC’s)

A REC represents the property rights to the environmental, social, and other non-power qualities of renewable electricity generation.
A REC, and its associated attributes and benefits, can be sold separately from the underlying physical electricity associated with a renewable-based generation source.

For more information go to:
http://www.epa.gov/greenpower/gpmarket/rec.htm

http://apps3.eere.energy.gov/greenpower/resources/pdfs/37388.pdf

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Onsite Renewables

Business owners can take advantage of several onsite renewable generation incentives. The incentives apply to solar and wind systems placed in service from January 1, 2006 until December 31, 2016 and to geothermal heat pump systems placed in service from October 3, 2008 until December 31, 2016. The incentives can be worth 30% of the installed cost of the system.

For more information go to:
www.energytaxincentives.org/business/renewables.php

Solar Systems

Qualifying equipment will use solar energy to (1) generate electricity, or heat/cool or provide hot water to a structure, or (2) illuminate the inside of a building by means of fiber-optic distributed sunlight (tube systems and passive solar are not eligible). For more information visit www.seia.org

Solar Water Heating:
Systems must be certified for performance by the Solar Rating Certification Corporation (SRCC) or a comparable entity endorsed by the state government in which the system is located. At least half of the energy used by the system to heat the water must be solar energy. Expenses for heating swimming pools or hot tubs are not eligible.

Photovoltaic (PV) Systems:
Systems must provide electricity for the residence, and must meet applicable fire and electrical code requirements.

Small Wind Systems

Businesses that install wind turbines with not more than 100 kilowatts of nameplate capacity are eligible for the 30% investment tax credit. For more information see www.awea.org

Geothermal Systems

Qualified geothermal systems are ground source heat pumps with related equipment used to produce, distribute, or use energy derived from a geothermal source. Commercial customers can either get an investment tax credit of 10% of the installed cost, available through 2016. The ARRA legislation also provides the option of taking a grant in lieu of the credit, worth 10% of the installed costs for equipment placed in service during 2009 and 2010. For systems where electricity is produced by geothermal power, equipment qualifies for an incentive only up to, but not including, the electric transmission stage.

Fuel Cells and Microturbines

The investment tax credits for these two systems are available for systems "placed in service" through December 31, 2016. Fuel cells generate electricity through a chemical process. They are somewhat similar to batteries, except they must be continuously fed with fuel. Microturbines are small power generation systems using a gas turbine engine.

Fuel Cells:
Credits are for 30% of the cost, up to $3,000 per kW of power that can be produced. To qualify, systems must have an efficiency of at least 30% and must have a capacity of at least 0.5 kW.

Microturbines
Credits are for 10% of the cost, up to $200 per kW of power that can be produced. To qualify, systems must have an efficiency of at least 26% and must have a capacity of 2,000 kW or less.

For more information go to:
www.energytaxincentives.org/business/fuel_cells.php

Copyright © 2010 Metzger Gleisinger Mechanical Inc.

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The combined number of commercial buildings is 4.7 million and the number of industrial buildings is 350,000 in the United States.

The combined costs of energy for commercial and industrial is close to $202.3 billion annually.

The portion of energy in building used inefficiently or unnecessarily is 30%.

The percentage of U.S. greenhouse gas emissions generated by commercial buildings is 17% and the amount generated by industrial is 28%.

The amount of money that would be saved if we reduced energy consumption by 10% in the U.S. would be $20 billion dollars annually.

If we reduced energy consumption by 10% in the U.S. The amount of greenhouse gas emissions  would be equal to about 30 million vehicles.

The portion of U.S. annual energy use created by the burning of fossil fuels is approximately 86%

Every dollar invested in an energy-efficient upgrade can produce between $2 and $3 in increased asset value, which can make commercial properties more attractive to buyers and lenders

Energy performance can increase the value of an organization by improving the bottom line