Martin Ludwig ‘54 Ph.D., the CEO, along with business partner and COO, Louis Bani, have been perfecting and improving their Energy Management Artificial Intelligence (AI) Software, EYE Chart® System United States Patent and Trademark Office # 5,732,680 with various organizations for nearly 10 years. HelloEnergy, LLC., is an NJ company offering energy management consulting solutions for commercial properties using our EYE Chart® System an energy audits and efficiency model, LED Lighting, Solar, and, Cogeneration System while continuing to improve its AI energy efficiency model, the Eye Chart® System (Engineering Your Energy) for commercial businesses while being environmentally friendly.
HelloEnergy’s LED Solutions have proven to save 40%-80% on lighting costs. HelloEngergy worked with Admiral Farragut Academy’s lighting upgrade project which included replacing over 1,142 lighting fixtures throughout the campus and generating an annual savings of over $112,000 per year. Before the LED upgrade, Farragut used 47.7% of its overall energy on lighting. After the upgrades, Farragut had a 65% reduction in lighting kWh use. With electric rates rising during the past 5 years, going from $0.110 per kWh to $0.158 (a 43.6% increase), having installed a new LED system was a huge benefit and significant cost savings to the Academy.
With the increases in energy costs and the impending mandate for NJ businesses over 25,000 sq. ft. to improve energy efficiencies, HelloEnergy services are in high demand. The company is a trade ally of PSEG, Jersey Central Power and Light, and The NJ Clean Energy Program. A Utility Bill Audit of past usage identifies significant opportunities for each client’s unique load profile using the EYE Chart System.
Nationally, energy costs have continued to rise steadily since January 2020. With some moderation off their highs, energy costs are forecasted to rise continuously as Environmental, Social, and Governance (ESG) and Environmental, Health, and Safety (EHS); continue to influence energy markets. These pressures along with inflationary expenditures increase operational costs and decrease bottom lines across industry sectors.
According to U.S. Energy Information Administration (EIA), non-seasonally adjusted U.S. City averages reflect an upward trajectory. Since April 2020 Natural Gas prices rose 35.5% / therm and Electricity up 10.5% / kWh.
Ludwig exclaims; “Our propriety Eye Chart® System, through the utilization of AI, will reduce and continue to deliver lower kilowatt usage (kWh) and gas therms, while lowering costs. The more electricity and gas you use, the higher the bill. We can reduce both.”
The Company’s Energy Procurement Program strategically determines the lowest pricing and best sources for commercial electric and natural gas supply needs. These consulting services identify energy buying strategies for any business organization and can deliver 100% green energy where required.
In a strategic partnership with Tecogen, a Cogeneration Equipment Manufacturer, their solutions create electricity from a variety of fuel sources and provide heat as a byproduct for applications such as hot water, air conditioning, or building heat. The technology provides critical protection against future blackouts or brownouts, and increases energy efficiency, depending upon needs, from 30% for a central utility power plant to around 80% for a Cogeneration System. It’s environmentally friendly, efficient, and virtually eliminates NOx, CO, And Hydrocarbons.
According to Ludwig, “As a first step in managing your energy, LEDs reduce energy consumption and immediately help offset electricity rate increases. Commercial LED lighting installations reduce HVAC requirements, waste less energy, and are highly cost-effective.” If you have LEDs installed Solar and Cogeneration are an excellent second step.
Ludwig’s time at Admiral Farragut Academy was critically important in his preparation for collegiate studies in engineering at Fairleigh Dickinson University and ultimately it guided him into a lifetime of studying the energy issues we face both then and today. Admiral Farragut was instrumental in training Ludwig in due diligence and the proper pursuit of any problem he faced while in attendance at the Academy. It forged a solid foundation that he recalls fondly, and thanks the Academy for helping shape him as a man and a successful contributor in the energy field. After my time at the Academy, he majored in engineering, and after college, he enlisted in the Navy and served in the Chaplain’s Corp during the Koran War and after the war on the Carrier USS Essex. The Navy further shaped my life helping me to always be professional and thorough in my deeds.
Today’s energy issues have quickly accelerated as fossil fuel sources have become demonized in short order. Ludwig shares that the world’s commitment to green energy is fragmented but it is imperative to move forward whether it’s ready for prime time, or not. During such volatile times, energy has become weaponized, and Ludwig’s company considers itself at the forefront of its development in providing efficient and common-sense energy solutions. HelloEnergy has become a leader in the field, and we are proud to bring our knowledge to the business community.