Screenshot via Earth2Tech
xChange Point is an energy efficiency tool offered by Eps Corp, an energy management company, which supposedly will offer an immediate return on investment to manufacturing companies, thanks to energy savings and zero upfront capital costs.
The tool is a software interface and hardware that attaches to manufacturing systems and machinery. It will provide real-time monitoring of energy use — pretty much exactly how home energy monitoring systems work, only a whole, whole lot bigger.xChange Point will be able to control systems, adjust temperatures to maximize efficiency of heating and cooling systems, turn power to equipment on or off depending on need, and other automation capabilities.
Since the tool is a service, and not a big installation and usage investment, it will be far less expensive to begin utilizing and will apparently start saving manufacturers money from the get go. That also means better control over product pricing, let alone a smaller carbon footprint. In this economy, all of these elements are important to keeping a business afloat. It seems businesses also recognize this:
In the 3-4 months eps has been marketing its system, Zoellner says demand has "exceeded our wildest expectations." The company has signed up four major customers and has many more in contract negotiations, according to Zoellner. Two companies that have been announced are Dean Foods and Covidien. And the system has potential benefits beyond just simple energy-use reduction.
Seeing so many companies - major companies at that - hopping onboard with accessible tools like this is encouraging, since it means global climate change will be directly helped by companies that are actively conserving energy while saving money and prospering. Combining this with OpenEco and similar services will lead to incredibly efficient and transparent operations.
More on Manufacturing Efficiency:
Resolve for Energy Efficiency
Can Solar Power Revive the US Manufacturing Sector?
GM Promises 40% Less Manufacturing Emissions
Subaru's Green Manufacturing Plant