But having an extra $82-million to spend on something better than high energy bills is likely an even bigger deal for the companies using our products
Yorba Linda, Calif. (PRWEB) January 17, 2013
[P2] products shipped in 2012 will save U.S. facilities over $82-million a year through estimated energy savings of over 818-million kWh. Those energy savings come with an estimated 1.1-billion pound annual reduction in carbon dioxide emissions, representing a new single-year record for the energy-efficient lighting manufacturer.
"Reducing CO2 emissions by over a billion pounds in a single year is a big deal for us," comments Joe Martin, vice president and general manager. "But having an extra $82-million to spend on something better than high energy bills is likely an even bigger deal for the companies using our products."
While environmentally friendly business practices are often viewed as an added cost, energy efficient lighting is one area where cost savings and environmental benefits go hand in hand.
The annual CO2 reductions delivered by [P2] products shipped in 2012 alone are equivalent to saving over 6,500 acres of forest from destruction.
Taking the company’s products shipped since 1992 into account, [P2] has created a total of more than 28-billion kWh in annual energy savings, equivalent to taking 5.9 million cars off the road for a year.
"We don’t generally present ourselves as primarily an environmentally focused company," explains Martin, "but with our products, there’s no separating the cost savings from the environmental benefits.”
Using today's energy costs, [P2] products put in service since 1992 create more than $2.8-billion in annual energy savings every year.
"Reducing greenhouse gas emissions by over a billion pounds is another milestone in what we’ve been doing since we opened our doors 20 years ago," said Martin. "Our products help businesses save money, and they help out the planet along the way."
About Precision-Paragon [P2]: For over 20 years, [P2] has made high-quality, indoor-and-outdoor light fixtures for just about any setting—including retail, commercial and industrial spaces. [P2]’s energy-efficient lighting drastically cuts energy consumption, creating big cost savings and significant environmental benefits.
Over the last two decades, [P2] has earned a reputation for going the extra distance in customer support by producing high quality, American-made products. [P2] products are manufactured in Gainesville, Fla., Hudson, Wis., and at the company’s headquarters in Yorba Linda, Calif.
Web site: http://www.p-2.com
Data Sources: Greenhouse gas equivalents listed in this article are calculated using the U.S. Environmental Protection Agency's guidelines at http://www.epa.gov/cleanenergy/energy-resources/refs.html. Cost savings listed in this article are calculated using the average retail price in the commercial sector for the year to date listed in the U.S. Energy Information Administration's Electric Power Monthly for November 2012 at http://www.eia.gov/electricity/monthly/epm_table_grapher.cfm?t=epmt_5_03.