Afterglow: Home Expert News (August 2012). Within the Rental Property Market: How to Gain from the Outcome of Heating and Cooling Efficiencies.
Within the Rental Property Market: How to Gain from the Outcome of Heating and Cooling Efficiencies
Rick Eleveld is a commercial property owner in Guelph, Ontario. A crown piece among his business endeavors is a 12-apartment complex overlooking Riverside Park, named The Myconian. Eleveld purchased the complex with a long term plan for renovation in mind. One challenge of buying and rebuilding an older commercial property is deciding how to handle an antiquated heating and cooling system.
Enter Afterglow the premier heating and cooling company for the region. Eleveld soon understood that he was in good hands. With a broad selection of heating, cooling and air quality products and services, Afterglow prides itself on creating customized comfort plans tailored to every home and commercial property.
Updating The Myconian’s outdated heating and cooling system was part of a modernization plan and was highlighted as a key investment in infrastructure for the building. Eleveld began searching through his trusted network of suppliers for a trustworthy heating and cooling contractor. Afterglow was highly recommended as a reputable company that would work to produce the best results.
The inherited heating and cooling system predated the existing ownership. It was an old Boiler 400K BTUH and old Water Heater 80K BTUH system. The machines’ exhaust vented through the chimney, opposed to the more economical and efficient ventilation of Afterglow’s solution.
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BENEFIT 1: SALES PROCESS
Afterglow’s General Manager, Stephen McDonald, developed a personal interest in the project. He got directly involved with Rick’s team to work hands-on. McDonald focused on research and calculations resulting in the perfect solution and it was apparent that he worked diligently was laboring to find the right product for the property to help meet his client’s needs. When it came time to install the product, McDonald was determined to put in a little elbow grease with the rest of the team.
“He’s the right mix of owner entrepreneur, and that is rare,” says Eleveld of McDonald. In a world that’s centered around money, McDonald realizes that it’s about the relationships you build and earned trust.
BENEFIT 2: SOLUTION
The successful solution from Afterglow was a Hybrid Boiler System, commonly called the MCI-255. It sports a High Efficiency Boiler, a supporting Mid-Efficiency Boiler, plus an durable Indirect Water Heater, all tied together with simple controls. The system was downsized by almost HALF, and the two boilers provide a back-up for both heating and hot water, something the building didn’t have before.
No More Open Windows in Winter! Using an outdoor temperature sensor and a mixing valve, pinpoint accurate boiler water temperature can be delivered to the building. That means Eleveld controls the maximum temperature to the units ensuring no energy is wasted heating the outside.
BENEFIT 3: “PAYBACK” OR RETURN ON INVESTMENT
Eleveld, with a background in accounting, realizes the true benefits of the Afterglow solution. Rick invested more than $19,800.00 in heating equipment for his commercial property. After doing the math, Eleveld understood that Afterglows solution would save him an estimated 30-40% over the course of one year.
BENEFIT 4: POST SERVICE CONTACT
Four smooth months after the initial installation, McDonald returned to Myconian Apartments to review the system and ensure that it was still performing at peak efficiency. Afterglow continues to service the property and does regular maintenance checks. Eleveld still feels confident that “we don’t have to worry about a thing anymore”.
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