'Nothing-To-Lose' plan lets qualified plants pay for controls with energy savings
With patented compressed air control technology, plants can reduce energy costs by up to 40%.September 12, 2012
Portland, Oregon (September 12, 2012) – Pneu-Logic Corporation, a leading supplier of industrial compressed air monitoring and control systems, announces a novel plan to help plants across the U.S optimize their compressed air systems and realize immediate energy savings, all without the typical budgeting delays faced by many. The company’s new energy payback plan, called the 'Nothing-To-Lose' Plan, lets qualified customers pay for their systems via energy savings.
”Up to 10% of plant energy used in the US is to power air compressors, and active control of compressed air systems can save up to 40% of that energy,” said Tom Orton, Pneu-Logic CEO.
With Pneu-Logic’s new Nothing-To-Lose Plan, qualified plants who are currently running 4-12 compressors can apply to have a Pneu-Logic system installed at zero up-front product cost (third party costs may apply depending on installation). Pneu-Logic and the customer will agree upon estimated energy cost savings at the start of the program, and a share of those savings will be used to pay for the system over an agreed period.
“This is an innovative way of enabling plants to immediately start saving money and energy at a time when capital budgets are tight and sustainability targets seem unreachable,” says Orton. “Besides energy savings paying for the system over time, customers should immediately benefit from a reduction in operating costs.”
Customers that are saving money with Pneu-Logic controllers span a wide range of industries including food processing, manufacturing, mining and materials handling. For example, a Pneu-Logic system at the Gatorade Plant in Tolleson, Arizona, the leading producer of Gatorade and Propel in the world, has helped decrease the plant’s compressed air system energy usage by 21%, resulting in an annual savings of more than 1 million kWh of electricity.
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