EHS Tech Ltd. has won the government tender for making energy consumption more efficient in Israel's public buildings. E.H.S. Tech, which markets and installs energy savings systems, was recently acquired by Acro Group for NIS 15 million.
It is unlikely that visitors to the Supreme Court building in Jerusalem will feel any difference. But according to plans, even the hard working young officials at the Ministry of Finance won't notice the difference in the lighting, which will help them plan a new round of budget cuts.
Acro Group Environmental Infrastructures Division CEO Erez Gil told "Globes," "They simply won't feel the difference. Their buildings will require much less energy and their electricity bills will be substantially reduced and they won't even understand how."
EHS systems will save over 30% in energy consumption. In the next few months the systems will be installed in the buildings of the Ministry of Finance, Supreme Court and Jerusalem, Tel Aviv, Haifa and Beersheva District Courts as well as the Eshel Hanasi Youth Village in the Negev.
The existing lighting systems will be replaced by smart lighting that dims automatically according to the amount of natural light in the buildings and turns itself off if the last one out forgets to turn off the switch.
Central air-conditioning systems, notorious for guzzling electricity, will also be smarter and more energy efficient thanks to advanced climate control components that will be installed. The company's designers promise that the results will be felt within weeks by lower electricity bills.
The energy-savings technologies will not affect the work routine in the buildings where they are installed and will not cost the government even one shekel. According to the terms of the tender, E.H.S. will bear the cost of the new components and their installation but will also enjoy most of the profits from the anticipated energy savings. The project is priced using the Energy Saving Sharing method whereby the savings will be shared between the government and EHS over the next seven years. EHS will receive 70% of the savings and the government 30%. At the end of the seven-year period the infrastructure and know-how will remain in place and the government will gain 100% of the millions of shekels in energy savings.
Published by Globes, Israel business news - www.globes-online.com - on August 30, 2010
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