Achieving Energy Independence

A financial, political, and environmental necessity

Energy independence is a key factor in economic stability and national security—and of particular importance to a country with the geopolitical standing of America. Despite being a major energy producer, however, the U.S. remained a net importer of crude oil in 2023 (which accounted for 66% of its energy imports). This reliance exposes the country to global price fluctuations, strains federal budgets, and serves as a burden to households.

Beyond the financial implications, dependence on energy imports also limits us politically, allowing energy-exporting nations we depend on to exert undue influence. When you factor in the environmental goals that can be met by reducing energy consumption (and our reliance on imports as a result), energy independence is a goal that comes with numerous rewards. 

Performance Energy has created a technological platform des

Understanding the scale of energy waste

In 2023, the U.S. consumed 93.6 quadrillion BTUs (British Thermal Units) of energy. While that number might be hard to grasp, what’s important is that 61.5% of it was wasted. The main contributors to this energy waste were transportation and industry—however, residential housing was also a key culprit.
A significant portion of American homes were built before 1980 and lack modern insulation and airtight construction. Without effective air sealing and insulation, these homes are prone to substantial energy waste, leading to higher heating and cooling costs.
It’s for this reason that retrofitting is crucial to the energy equation. While retrofitting a single home may seem like a small step in the journey to energy independence, there are approximately 145 million homes in the U.S. Bringing them all up to standard, would have a major and lasting impact on the country’s energy use.

Growing energy concerns

Beyond the wasteful state of residential housing, a number of other factors are at play. ,

Bad weather

Extreme weather events like Winter Storm Uri in Texas highlight the vulnerabilities of energy grids during severe conditions. Power grid failures put immense pressure on utility systems, leaving communities without reliable access to energy. Retrofitting homes with improved insulation and air sealing lowers energy use, reduces strain on the grid, and prevents disruptions caused by inclement weather.

Data Centers and Crypto

As technology advances, so do the energy challenges that come with it. Data centers and cryptocurrency mining operations are among the largest consumers of electricity. For example, Bitcoin mining alone consumed 173.42 terawatt hours of electricity, ranking it 27th globally in terms of energy use. As the demand for digital services grows, the country needs to find a way to balance its energy consumption if it’s to achieve independence.

Retrofitting with Performance Energy

Tightening the building envelope

Tightening the building envelope With 90% of U.S. homes still lacking adequate insulation and sealing, this presents a substantial retrofitting opportunity to reduce energy consumption, cut costs, and protect the environment. ,

Air sealing

Techniques like air sealing and insulating, sealing ductwork, and installing weatherstripping can prevent drafts and minimize energy waste. Proper sealing can reduce heating and cooling costs by up to 35%, providing an immediate return on investment.

Insulation

Proper insulation, whether blown fiberglass, lay in or rigid foam boards, helps prevent heat flow and reduces the strain on HVAC systems. Insulating attics and walls can save between 10-50% on energy costs, particularly in older homes with outdated insulation.

Ventilation systems

Systems like energy recovery ventilators (ERVs) and heat recovery ventilators (HRVs) maintain a balance between fresh air and energy efficiency. These ventilators reduce the need for excessive heating or cooling while maintaining optimal indoor air quality.

When it comes to sustainability, every little helps

Improve the energy efficiency of your home with Performance Energy ,

The financial benefits of retrofitting

The cost of retrofitting a home typically ranges from $2,000 to $8,000, however, the financial benefits of this investment are compelling. With energy savings of $600 to $1400 annually, the initial investment can be covered in just 2-5 years.

Just as importantly, retrofitting offers an immediate and cost-effective way to reduce energy consumption and our reliance on energy imports.

Retrofitting at Scale

The Performance Energy solution

Scaling retrofitting across thousands of homes presents specific challenges regarding logistics and labor. In a bid to address these challenges and make large-scale retrofitting feasible and cost-effective, Performance Energy has developed an innovative technology platform—the Retrofitter™ System. 

A combination of advanced hardware and software, the system has been designed to perform precise energy audits and identify inefficiencies in a brand new way. What’s more, with the system’s software conducting all the required data analysis, Retrofitter™ can be deployed by a wide range of technicians without the need for extensive or specialized training.

Retrofitter BackPack™

A wearable device equipped with thermal imaging, infrared sensors, and optical technology, the Retrofitter BackPack™ allows technicians to gather comprehensive and detailed data during inspections.

Retrofitter Lenses™

Retrofitter Lenses™ are specialized headsets equipped with thermal and optical cameras. These lenses provide technicians with augmented visual capabilities, allowing them to spot hidden inefficiencies that would otherwise go unnoticed.

Retrofitter App™

The Retrofitter App™ serves as a hub for data integration, combining information from the backpack and lenses to provide clear, actionable insights. The app simplifies the energy audit process, dramatically improving efficiency and overall accuracy.

Become part of the energy solution with Performance Energy

Founded by Paul Hoover, Performance Energy is dedicated to reducing energy usage and bills for American families. With over 20 years of experience in automation, technology, and chemistry, Hoover’s vision for Performance Energy has expanded to address the broader need for energy independence.
Performance Energy’s Retrofitter™ System is helping to shape a healthier future where homes, businesses, and communities are more energy efficient—making the U.S. more sustainable, and self-reliant in the process.
Get in touch with Performance Energy and find out how our Retrofitter™ System can help you become more energy efficient. ,

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