09 Jan '12, 4am

New systems help old buildings save energy

At a corner of Golden Mile Tower is a dim, but airy room, filled with whirring equipment, the shiny new pumps and chillers looking bright against the dusty walls. Though the office-and-retail block on Beach Road is four decades old, it had all this installed last year, along with a cooling tower and a panel to monitor the performance of the system. The hardware, fitted in to conserve energy, has done its job. The block’s power bills have been cut by $30,000 a month, from $100,000. The owners of older buildings such as this one and People’s Park Complex are sinking money into such systems ahead of energy-related laws that may be passed this year. One is the Building Control Act, which could require all building owners to meet yet-to-be-decided minimum standards when they retrofit their premises with energy systems. Existing minimum standards apply only to new and existing b...

Full article: http://www.eco-business.com/news/new-systems-help-old-bui...

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