Media Contact: Scott Reigstad (608) 458-3145
Lake Geneva business given Shared Savings Award for energy conservation and being green
MADISON, WI – May 4, 2009 – Plas-Tech Engineering has received a Shared Savings Award in recognition of significant achievement in energy efficiency and conservation. The award was recently presented to the plastics injection molding company by Alliant Energy Strategic Account Manager Tom Niquette. Shared Savings is an award-winning business energy-efficiency program that Plas-Tech Engineering participated in multiple times to save energy and benefit the environment.
“Plas-Tech Engineering is very deserving of recognition for the steps it has taken over many years to realize sustainable energy-savings within its operations,” said Chris Schoenherr, Alliant Energy Director of Sales and Strategic Accounts. “We are proud that they are committed to being a green organization and we are pleased to give them our Shared Savings Award.”
In the past ten years, Plas-Tech Engineering has completed eight different energy-efficiency projects by utilizing the Shared Savings program and the firm is currently working on its ninth. One recently-completed Shared Savings project included the purchase of a new plastic injection molding machine that saved 237,166 kilowatt-hours of electricity annually – the equivalent of removing the equivalent greenhouse gas emission of 31 passenger vehicles from the road or saving enough energy to power 15 averaged-sized homes for one year.
“We are pleased to be recognized by Alliant Energy for our ongoing commitment to energy efficiency and participation in Shared Savings,” said Aaron Hirschmann, Plas-Tech Engineering President and Owner. “Our company has worked hard over the years to reduce our carbon footprint and our energy use by becoming more energy-efficient.”
As with any business, cash is important and paying for the energy-efficiency measures takes upfront dollars before the long-term gains can be realized. That’s where Shared Savings stepped in to assist Plas-Tech Engineering. The program is an initiative that assists industrial, commercial and agricultural customers with identification and implementation of energy efficiency projects – and invests the capital to finance them.
“I’ve partnered with Plas-Tech Engineering several times on energy-efficiency projects and it’s clear that the business is very committed to environmental stewardship and wise energy use,” added Niquette. “The financing available through our Shared Savings program has repeatedly been a good fit for getting their projects accomplished.”
Plas-Tech Engineering is an injection molder that serves the plastics industry with solution oriented engineering, low to medium production volume and an emphasis on excess capacity to meet and exceed customer delivery expectations. The firm specializes in multi-material molding, overmolding, part decorating, highly engineered components and glass replacement opportunities for the medical industry. Their primary focus is engineering, tooling and molding medical products. They operate in a FDA Registered, latex free facility along with Class 100,000 Clean Room and ISO 9001:2008 Certification.
Through its Shared Savings program, Wisconsin Power and Light Company, an Alliant Energy company, has helped thousands of Wisconsin business, government and farm customers cut energy usage, save money and preserve precious natural resources for over 20 years. More than 2.1 billion kilowatt-hours of electricity have been saved over the last seven years with the program – that’s equal to the energy produced by a 280-megawatt power plant.
Business, government and farm customers interested in the low-cost financing available through WPL’s Shared Savings program are encouraged to visit http://www.alliantenergy.com/sharedsavings or call 1-866-ALLIANT (255-4268) for more information.
