Thursday, January 29, 2015

The Low Beat lowered energy costs--and so can you

The Low Beat lowered energy costs
After opening The Low Beat at 335 Central Avenue in April of 2014, Howard Glassman contacted National Grid to find out more about their energy efficiency programs. Like any business owner, he was looking for ways to lower overhead and boost his bottom line. A perfect fit for National Grid’s Small Business Services Program, Howard upgraded all the lighting in the Low Beat using substantial incentives from National Grid.
“It wasn’t just the savings. The lighting was more than 30 years old and needed to be upgraded anyway. Now I have better lighting and lower maintenance costs in addition to significantly lowering my monthly electric bill,” said Glassman.
The total cost of the upgrades including materials and labor was $6,978, of which National Grid covered $4,041. The Low Beat was responsible for only $2,937 of the total. Because the newer, more efficient lighting will deliver almost $3,900 in yearly savings, that amount will pay for itself in about 9 months.
People often overlook the fact that saving money is a way to boost profits, says Anthony Capece, Executive Director for the Central Avenue Business Improvement District. "Saving energy is the same as making money," Capece says. "Analyzing your energy consumption through National Grid's Small Business Services Program is a no-cost way to find out if you can save money on energy." The Central BID signed up for an energy audit and found the process to be seamless and easy, and the cost-savings was substantial. "We probably saved hundreds of dollars a year in our small office," says Capece.
Better lighting, less maintenance and lower costs; what’s not to like? We encourage all of our Central Avenue business owners to contact National Grid for a no-cost, no-obligation energy efficiency assessment. Call 1-800-332-3333 to get started.