Economic Impact

Building Green Doesn't Have to Cost More

Convia Systems, featuring Convia Enabled Wiremold Products, result in significant savings for companies, now and in the future.

Energy Savings

According to the US Department of Energy, a 30% reduction in energy use can yield the equivalent of a 5% increase in Net Operating Income (NOI) and overall asset value.

With Convia’s Energy Track Reporting Tool, you can measure, report, and adapt your energy strategy to optimize buildings and zones. In traditional systems, high expenses mean control is often used in isolated spaces. Because Convia is so simple to install and operate, companies using Convia can deploy the system across the entire building, and can expect swift declines in wasted energy, and corresponding reductions in power expenses.

Additionally, Convia often allows companies to take advantage of rebates offered by local utilities and federal and state tax incentives and grants. For more information on these incentives see www.energy.gov and www.recovery.gov.

Buildings As Assets

According to CoStar, the leading provider of Marketing and Information Services to real estate professionals in the US:

• LEED® buildings command rent premiums of $11.24, and have a 3.8% higher occupancy rate than non-certified buildings. ENERGY STAR buildings command rent premiums of $2.38 per square foot, and have a 3.6% higher occupancy.


• ENERGY STAR buildings sell at an average of $61 per square foot HIGHER than their peers, while LEED® Certified buildings command a $171 per square foot premium.

The Convia platform, with Convia Enabled Wiremold products, scales with your needs over time and allows you to easily add and optimize your energy management strategies over the lifecycle of the building. If reconfiguration is required, there is no need to rewire your space: simply unplug from one location and re-plug into the new space, saving the cost of additional construction and service calls in the process. This cost savings can be passed along to your tenants, making your building an attractive investment in today’s marketplace.

Building Controls that Save You Money

According to ENERGY STAR, every dollar invested in an energy efficiency upgrade can produce between $2 and $3 in increased asset value.

From Daylight Harvesting to Demand Response, Convia allows you to implement power saving strategies that effect your bottom line. A study recently released by software company 1E and the Alliance to Save Energy found U.S. organizations waste $2.8 billion a year in energy costs by leaving computers on overnight. [1]

And while it’s as easy as hitting a button to turn off computers or other peripherals to reduce plug load, Convia automates this process for you. With simple programming through the Global Gateway, you can regulate all the plug loads in your building without negatively affecting the experience of your employees.

Because the greatest cost to any business is human resources, any improvement in productivity, through occupancy comfort, lighting, temperature and increased natural ventilation will improve a company’s bottom line. [2]

Convia lets companies give control to users at the workstation level. Employees can manage lighting, shades, and climate from the convenience of a PC with the Global Gateway.

The upfront installation of Convia is more economical than traditional building controls because you spend less up front. For your investment, you get integrated control of your building's lighting systems, electrical distribution, HVAC management, and robust reporting with the Energy Track reporting tool. You also get a system that is intuitive and easy to operate; you get a platform that can scale with your business over time; you get Convia Enabled components from Wiremold that are “plug-and-play” and can be reconfigured with ease; and you get a system that significantly reduces energy expenses and allows for ongoing optimization.

Incentives to Act

The Energy Policy Act of 2005 (EPACT) was developed as part of a long-term strategy to confront the nation’s energy challenges and provides tax incentives for energy efficient building systems. The recently passed Emergency Economic Stabilization Act of 2008 (P.L. 110-343) included, extended and/or amended many incentives offered for businesses, utilities, and government originally introduced in (EPACT).

Energy efficient lighting, HVAC and building controls are just a few of the ways Convia can help you get your EPACT deduction and save you money. Convia satisfies the requirements in the following (3) categories:

INCENTIVE DETAILS CONVIA Energy-efficient property installed in commercial buildings. The energy savings must be accomplished through energy and power cost reductions for the building’s heating, cooling, ventilation, hot water, and interior lighting system. The amount deductible is up to $1.80 per square foot of building floor area for buildings achieving a 50% energy savings target. Convia works with all your subsystems – including HVAC. The bill provides accelerated depreciation for smart electric meters and smart electric grid equipment. The bill allows taxpayers to recover the cost of this property over a 10-year period, unless the property already qualifies pursuant to a shorter recovery schedule. Convia Energy Track Reporting qualifies as part of ‘smart electric grid equipment’ and allows you to meter your building by zone. Qualified green building and sustainable design project bonds. Available through October 1, 2012. Convia contributes to green building and sustainable design.

For a complete summary of the tax incentives included in the bill, download the summary of Energy Tax Incentives in The Emergency Economic Stabilization Act of 2008.

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[1] 1E and the Alliance to Save Energy
[2] Landgon, Davis. "The Cost and benefit of Achieving Green Buildings." Property and Construction Info Data. (2000) 6