Lighting improvements slash energy consumption at Capital Commercial Investments portfolio property; large utility incentive creates one-year ROI
NORWELL, Mass.–August 10, 2011(BUSINESS WIRE)–Bluestone Energy Services, LLC, a leader in energy conservation engineering and project development services for industrial and commercial clients, announced today that its lighting project for the 495 Business Center will provide an 800,000 kWh reduction in annual electrical consumption – exceeding original savings estimates.
“We look forward to partnering with Bluestone Energy on many more energy-efficiency and sustainability projects in the future.”
Working with the property’s management company, Genesis Management Group, Bluestone Energy designed and implemented a lighting retrofit for the entire 495 Business Center facility, securing a $58,900 incentive from National Grid. The project has a one-year ROI and the facility’s annual energy bill will be reduced by $94,000.
“Not only did Bluestone Energy provide us with significant energy savings and allow us to reduce our carbon footprint, they also completed the job within four weeks, ensuring that we met a critical deadline to qualify for the utility incentive,” said David Ridge, Property Manager, 495 Business Center. “We look forward to partnering with Bluestone Energy on many more energy-efficiency and sustainability projects in the future.”