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The following chart shows the top 37 projects VeriForm implemented in the last few years in order to reduce the company's costs and carbon footprint.
| All 37 Projects | Top 5 Projects | |
|---|---|---|
| Total Initial Cost of All Projects | $46,774.70 | $21,685.00 |
| Annual Savings | $91,263.26 | $71,818.02 |
| Annual CO2 Emissions Reduced | 232,613 kg | 193,823 kg |
| Return on Investment | 195% | 331% |
| Average Payback Period | 6.2 months | 3.7 months |
| Environmental Initiatives | Cost to Implement | Annual Savings | 10 Year Savings | Annual CO2 Emissions Reduction (kg) | Annual CO2 Emissions Reduction (tonnes) |
Payback Period (months) |
|---|---|---|---|---|---|---|
| Install 10 capacitors | $11,285 | $24,118 | $384,380.63 | 28,243 | 28.24 | 5.6 |
| Install programmable thermostat in plant | $1,200 | $13,911 | $221,706.56 | 84,067 | 84.07 | 0.2 |
| T5 lighting in expansion | $2,000 | $12,109 | $192,991.56 | 15,212 | 15.21 | 2.0 |
| T5 lighting in Bay 1 | $6,000 | $8,807 | $140,357.50 | 11,063 | 11.06 | 8.2 |
| Disconnects on bay doors turn off heat when open | $1,200 | $7,893 | $125,794.69 | 47,699 | 47.70 | 1.8 |
| Consolidate 2 garbage bins into 1 | $0 | $4,980 | $79,368.75 | 507 | 0.51 | Immediate |
| Cut steel 15% above standard industry speeds | $0 | $3,155 | $50,282.81 | 3,403 | 3.40 | Immediate |
| Computers, monitors and printers off at night | $250 | $2,978 | $47,461.88 | 3,487 | 3.49 | 1.0 |
| Replace paper towels with Xlerator hand dryers | $2,020 | $2,853 | $45,475.00 | 2,300 | 2.30 | 8.5 |
| T5 electronic ballast lighting in office and lunchroom | $3,000 | $1,550 | $24,703.13 | 1,971 | 1.97 | 23.2 |
| VeriForm owner buys Hybrid vehicle | $0 | $1,200 | $19,125.00 | 2,727 | 2.73 | Immediate |
| Use software that allows multipage printing per page (www.fineprint.com) | $320 | $1,018 | $16,224.38 | 1,293 | 1.29 | 3.8 |
| Replace CRT monitors with LCD monitors | $7,200 | $888 | $14,152.50 | 1,039 | 1.04 | 97.3 |
| Remove 59 of 88 bulbs from office lights | $0 | $999 | $15,915.33 | 955 | 0.95 | Immediate |
| Install extra insulation in the bay 2 ceiling | $5,100 | $968 | $15,433.24 | 5,852 | 5.85 | 63.2 |
| Buy gases in bulk | $10 | $780 | $12,431.25 | 455 | 0.45 | 0.2 |
| Buy used ISOLE motion activated power bars | $288 | $393 | $6,257.38 | 459 | 0.46 | 8.8 |
| Stop purchasing plastic cutlery and dishes | $0 | $368 | $5,865.00 | 51 | 0.05 | Immediate |
| Insulate office walls under windows | $632 | $276 | $4,402.99 | 324 | 0.32 | 27.4 |
| Turn off heating in office every night | $150 | $231 | $3,675.28 | 888 | 0.89 | 7.8 |
| Install economizer on air conditioning in office | $500 | $200 | $3,187.50 | 770 | 0.77 | 30.0 |
| Install motion activated lights outside | $318 | $194 | $3,087.41 | 243 | 0.24 | 19.7 |
| Motion activated lights in hallways, bathrooms and locker room | $450 | $145 | $2,310.94 | 182 | 0.18 | 37.2 |
| CFL bulbs in bathrooms, hallway and outside | $24 | $135 | $2,143.91 | 518 | 0.52 | 2.1 |
| Maintenance on air conditioner twice a year | $300 | $128 | $2,041.82 | 494 | 0.49 | 28.1 |
| Remove 9 more bulbs in main office | $0 | $133 | $2,123.15 | 156 | 0.16 | Immediate |
| Reduce temperature on water heater to 120° | $0 | $129 | $2,056.51 | 151 | 0.15 | Immediate |
| Turn off all lighting in office every night | $100 | $117 | $1,862.14 | 450 | 0.45 | 10.3 |
| Wrapped shop water heater and pipes | $50 | $60 | $956.25 | 394 | 0.39 | 10.0 |
| Replaced all Exit Lights with LED or CFL bulbs | $588 | $154 | $2,454.38 | 180 | 0.18 | 45.8 |
| Adding 10 new trees on property this year and six more next year | $2,800 | $0 | $0 | 218 | 0.22 | n/a |
| Recycle bottles/cans/plastic | $240 | $0 | $0 | 3,553 | 3.55 | n/a |
| Paper recycling | $115 | $0 | $0 | 553 | 0.55 | n/a |
| Permanent bags for office supplies to eliminate plastic bags with store purchases | $35 | $0 | $0 | 49 | 0.05 | n/a |
| Use YouSendIt software to send large files (www.yousendit.com) | $0 | $150 | $2,390.63 | 100 | 0.10 | Immediate |
| Prohibited use of plastic bags in office waste baskets | $0 | $68 | $1,083.75 | 76 | 0.08 | Immediate |
| Distribute CFL's to staff | $0 | $0 | $0 | 4,442 | 4.44 | n/a |
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