International. NexRev LLC announced that its "DrivePak" HVAC power reduction solution has saved customers $100 million since its market introduction in 2008.
This amount represents a saving of about 1 billion kWh and 700,000 metric tons of carbon dioxide, the equivalent of removing 140,000 vehicles from the road for a year.
"$100 million in savings is an important milestone for NexRev as it reinforces the proven energy reduction technology behind DrivePak and its substantial contribution to our customers' global energy management strategies," said Josh Riddle, vice president of operations at NexRev. "Since it hit the market, the Popularity of the DrivePak has grown tenfold due to potential in direct savings and an attractive ROI (Return on Investment)."
DrivePak is an HVAC adaptation technology solution between retailers and cinema chains. The disciplined application of DrivePak technology delivers a consistent reduction in total energy savings while improving occupant comfort. These reductions in HVAC energy costs are following global energy savings in installations of 13-22%.