Efficiency Vermont, the organization that is in charge of improving the energy efficiency of the entire state of Vermont, announced earlier this week a new initiative that will help reduce peak energy use. The new program would align the group with Vermont industrial and manufacturing companies that would see massive savings as a result of cutting back on the amount of electricity and other power they use throughout the year.
The organization has made an initial investment of $2 million to work with the 19 companies across the state, having the goal of lowering the peak electricity load 10 percent by the end of this year. Not only will this be good for the environment, but it will be great for those businesses who will see that they will be paying much less to keep their buildings and operations powered. The program is aiming to lower usage during the short bursts of peak energy demands.
The announcement was made at a press conference on Thursday, August 7 by Vermont Governor Peter Shumlin (D), as well as Efficiency Vermont Director Jim Merriam, Commissioner of the Public Service Department Chris Recchia, as well as various representatives from other local businesses that are going to be taking part in this partnership.
"As we face the need to reduce our power usage, to ensure that we're doing our part, not only to have a cleaner, more livable planet for future generations of Vermonters, but also to grow jobs and economic opportunity in this state by reducing power costs for companies like Cabot that are growing jobs," Shumlin said in his statement to the press.
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