*Estimated annual electric costs savings based on $0.07/kWh rate
Having successfully implemented a handful of energy efficiency upgrades in the past, automotive parts manufacturer ITW partnered with the ComEd Energy Efficiency Program to overhaul their centralized resin drying system. The project resulted in numerous benefits, allowing ITW to cut their energy use by 453,780 kWh per year, resulting in an estimated annual savings of $31,760 per year.
The Industrial offering team provided ITW with a fully funded study to examine process efficiency and found that ITW was using an inefficient method for resin drying their injection molding equipment. Specifically, ITW was using excessive amounts of energy and experiencing increased material handling issues. With this problem identified, personnel from the Industrial offering worked with on-site engineers to identify viable solutions and ultimately recommended the installation of a Centralized Resin Drying (CRD) system.
Following energy savings and incentive calculations, ITW qualified for $54,574 in total incentives from ComEd. The CRD system reduced material handling, improved space utilization and reduced their energy use by 453,780 kWh per year.
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Actual savings will vary by customer's energy usage and rate.
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