Incentive Enables Quad/Graphics Saratoga Springs Plant to Reduce Energy Costs by $380K/Year
ALBANY, N.Y.—January 27, 2016—Although energy efficiency measures are often thought of as a way for residential customers to save on cost, the same principles apply to larger, commercial customers.
Recently, Quad/Graphics in Saratoga Springs, New York, took advantage of National Grid’s Energy Efficiency Incentive program and installed equipment that will not only boost production at the facility but it will also save more than 4.3 million kilowatt hours of electricity. That’s the equivalent savings of taking approximately 380 homes off the electric grid for an entire year. In dollars and cents, this upgrade will save Quad/Graphics more than $380,000 per year in energy costs while helping it increase production to stay competitive.
National Grid provided $1.1 million to Quad/Graphics to install a more efficient printing press that replaced two older presses and has increased production by more than 60 percent. This incentive is the second largest single incentive provided by the upstate New York program since its start in 2009. In December of last year, National Grid provided its largest incentive to Finch Paper in Glens Falls totaling $1.8 million.
“These incentives provide needed funding,” said National Grid Regional Director William Flaherty. “They provide economic incentives to continue to grow business in the greater Capital Region. National Grid is in the energy business, but it’s important to use that energy as efficiently as possible. That goal helps us provide needed energy, makes businesses more efficient and productive and saves on costs.”
Commenting on the investment, Dan Frankowski, plant director for Quad/Graphics’ Saratoga Springs facility, noted, "Quad/Graphics has been a proud member of the Saratoga Springs business community for more than 30 years, and this incentive helps support ongoing, strategic investments in our people and operations here. With recent and anticipated growth, we're looking to bring aboard an additional 50 employees immediately, bringing total employment in the plant to more than 850 individuals."
This National Grid program is part of the company’s significant portfolio of programs designed to help businesses manage their energy costs and take advantage of new technologies in energy efficiency.
Quad/Graphics, a global provider of print and media solutions, is redefining print in today’s multichannel media world by helping marketers and publishers capitalize on print’s ability to complement and connect with other media channels. With consultative ideas, worldwide capabilities, leading-edge technology and single-source simplicity, Quad/Graphics has the resources and knowledge to help a wide variety of clients in distinct vertical industries, including but not limited to retail, publishing, insurance, financial and healthcare.
About National Grid
National Grid is an electricity and natural gas delivery company that connects nearly 7 million customers to vital energy sources through its networks in New York, Massachusetts and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.
Source: National Grid.