Honolulu Museum of Art Receives Largest Energy Efficiency Rebate
May 31, 2012
Hawaii’s Honolulu Museum of Art received an energy rebate after completing an energy efficiency retrofit project. The $346,026 incentive is the largest rebate from Hawaii Energy given to a charitable organization to date.
The Honolulu Museum of Art retrofit project has reduced energy consumption at the museum by 28%, saving approximately $250,000 annually in energy costs. Although the project cost $1.5 million to implement, the monthly cost savings are expected to cover all financing costs of the new equipment and pay off the initial investment in a few years.
The energy efficiency retrofit, performed under a comprehensive program by Energy Industries, LLC, primarily consisted of replacing the museum’s heating, ventilation, and air conditioning (HVAC) system and controls. Prior to the retrofit, the museum had five unconnected chillers. Now, the museum has an integrated central plant of three chillers that work together.
The rebate given to the museum was provided by Hawaii Energy, a ratepayer-funded conservation and efficiency program under contract with the Hawaii Public Utilities Commission. Hawaii Energy awards cash rebates and incentives to organizations and residents to help offset the cost of installing energy efficient equipment.
The Honolulu Museum of Art retrofit project and the Hawaii Energy rebate program are part of the larger Hawaii Clean Energy Initiative to reduce total electric energy usage across the state by 30% by 2030. To learn more about the Honolulu Museum of Art retrofit project and rebate, read the Hawaii Energy press release. Visit the Hawaii Clean Energy Initiative website to read about the state’s energy future.