Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Group of Canterbury schools achieve $403,000 power savings

Media Release March 2014


Schneider Electric Cuts Annual Electricity Bill to 84 Canterbury Schools by $403,000

The task of managing utility bills is top-of-mind for schools following the capping of government contributions to these costs, and one group of primary school chiefs is responding with assertive cost management. In September 2013, the Canterbury Primary Principals’ Association (CPPA) engaged energy solutions company Schneider Electric to source the best electricity rates in the market for their member schools, suspecting that en masse, they could negotiate a better deal.

That belief was borne out: Schneider Electric has since confirmed that of the 89 school electricity loads taken to market, a lower electricity tariff was obtained for 84. The average monthly saving for each of the 84 primary schools is $400 (a 17% reduction); the average annualized saving is $4,800; the largest annualized saving for a single school is $18,348; and the combined annualized saving for all 84 is a staggering $402,912.

Through Schneider Electric’s taking the schools to market together, the schools took advantage of the company’s activity and experience in the electricity market – it placed contracts worth more than $20 million in 2013 – and the economies of scale achieved by a collective approach. The company acted as a project manager, assessing each school’s power usage and needs and securing the more favourable rates, and charging a minimal one-off cost to each participant.

Ray Dunn, Schneider Electric New Zealand’s Country President, says, “Particularly in South Island regions, where school heating costs are highly variable depending on the severity of the winter months, it is essential to ensure that the best possible rate has been obtained. We were able to work collaboratively with the CPPA and its network of 209 schools, and take some of the burden off school administrators by using our experience and knowledge, as a company focused on creating energy efficiencies, when approaching power suppliers.

“The new deal has been in place since November 2013, and already a 17% average reduction has been recorded, which demonstrates the potential for other schools and organizations to make their power bill work smarter for their budgets. The bottom-line efficiencies created for this group of schools will have a long-term, beneficial effect, and enable schools to re-allocate the savings to other important areas.”

CPPA Member and Belfast School Principal Peter Simpson says, “The process with Schneider Electric was very simple and seemed a no-brainer for our network of CPPA member schools. Belfast School’s annual saving equates to approximately $9,000, which will go a long way towards helping us meet the actual cost of our heat, power and water bills.

“Currently, we and all other schools receive an annual capped grant from the government towards this cost, but this falls short of the real cost by $10,000 to $15,000 each year – our actual bill last year was $37,500. The saving has enabled us to take some of the pressure off and direct funding to other areas.”

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Maritime: Navigation Safety Review Raises Big Issues For The Govt

Shipping Federation: "The reports makes it clear that the ratification of the Maritime Labour convention (MLC) is long overdue. Only when the MLC is ratified will Maritime NZ be able to inspect and enforce the labour conditions on international ships visiting our ports." More>>

ALSO:

100 Years After Einstein Prediction: Gravitational Waves Found

For the first time, scientists have observed ripples in the fabric of spacetime called gravitational waves, arriving at the earth from a cataclysmic event in the distant universe. This confirms a major prediction of Albert Einstein’s 1915 general theory of relativity and opens an unprecedented new window onto the cosmos. More>>

ALSO:

Farming: Alliance Plans To Start Docking Farmer Payments

Alliance Group, New Zealand's second-largest meat cooperative, plans to start withholding some stock payments to its farmers from next week to bolster its balance sheet and force suppliers to meet their share requirements. More>>

ALSO:

Gambling: SkyCity First Half Profit Rises 30%, Helped By High Rollers

SkyCity anticipates the Auckland business will benefit from government gaming concessions which were triggered on Nov. 11 in recognition of SkyCity’s $470 million Convention Centre development. Morrison said the concessions would allow the Auckland business to lift its activity during peak period, noting it had a record revenue week over the Christmas and New Year period. More>>

ALSO:

Money For Light: Kiwi Scientists Secure Preferential Access To Synchrotron

Science and Innovation Minister Steven Joyce today announced a three-year investment of $2.8 million in the Australian Synchrotron, the largest piece of scientific infrastructure in the Southern Hemisphere, to secure preferential access for Kiwi scientists. More>>

Telco Industry Report: Investment Hits $1.7 Bln A Year

Investment in the telecommunications sector is $1.7 billion a year, proportionately one of the highest levels in the OECD, according to a report released today on the status of the New Zealand sector. More>>

ALSO:

PGPs: New Programme Sets Sights On Strong Wool

A new collaboration between The New Zealand Merino Company (NZM) and the Ministry for Primary Industries (MPI), announced today, aims to deliver premiums for New Zealand's strong wool sector... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news