Progress Rail Teams with TVA, Mayfield Electric to Save Energy
June 27, 2012
MAYFIELD, Ky. ― Progress Rail Services Corp. is using electricity more efficiently and saving money on its locomotive and engine remanufacturing facility in Mayfield, Ky., by teaming with the local power company and the Tennessee Valley Authority.
Progress Rail, one of the world’s largest suppliers of railroad and transit system products, has refitted lighting systems at its 255,000-square-foot Mayfield facility through the EnergyRight Solutions Program offered by TVA and Mayfield Electric & Water Systems.
The company has replaced 310 high-intensity lights, each rated at 400 watts, with high-efficiency fluorescent fixtures that provide the same amount of light but use about half as much energy. The project saves almost 60 kilowatts and reduces annual power consumption by 131,345 kilowatt-hours, enough energy to supply about 10 Tennessee Valley homes for a year. The program also saves Progress Rail nearly $12,000 annually in power bills.
In addition to the energy savings, Progress Rail received a cash incentive from TVA of about $16,500 for its energy efficiency efforts. Progress Rail’s Jean Savage, senior vice president and Chief Operating Officer, Locomotive and Railcar Services, said the company will recoup the cost of the new lights from energy savings in less than three years.
“The cost savings are great, but it’s about more than just the money,” Savage said. “Progress Rail Services started out as a recycling company, and environmentally friendly ideals such as energy efficiency and recycling are still the heartbeat of our company.”
Marty T. Ivy, Mayfield Electric & Water Systems general superintendent, said, “TVA’s EnergyRight Solutions program provides valuable incentives for industrial power users served by Mayfield Electric. It saves money and helps attract and retain more companies like Progress Rail, which creates jobs and boosts the local economies.”
TVA’s EnergyRight Solutions for Industry offers 10 cents per kilowatt-hour on first-year savings or 70 percent of project cost, whichever is less, to program participants for approved energy efficiency projects. Eligible industrial facilities must have a contract demand of less than 5 megawatts and be served by a participating power company.
“Energy efficiency helps keep rates low, reduces costs associated with meeting consumer demand, conserves natural resources and produces zero emissions,” said Bryan Moneymaker, who manages the TVA program for commercial and industrial participants in Kentucky. “We thank Progress Rail and Mayfield Electric for their leadership and support of energy efficiency in Kentucky.”
Moneymaker said energy efficiency, which is supported by TVA’s Integrated Resource Plan energy roadmap to 2030, is among the cleanest and lowest cost, long-term expansion options available to help TVA achieve its vision for more low-cost, clean energy. TVA’s EnergyRight Solutions offers a broad portfolio of new and innovative energy efficiency initiatives for homes, business and industry.
In 2010 and 2011 combined, TVA’s energy efficiency programs reduced electricity consumption in the Tennessee Valley by 765 gigawatt-hours. In 2011 alone, TVA achieved a 559 gigawatt-hour reduction – a 270 percent increase over 2010. Total energy savings for the two years equals enough energy to supply almost 50,000 households for a year.
Mayfield Electric & Water Systems is a publicly-owned utility governed by The Electric Plant Board-City of Mayfield. Learn more at http://www.mayfieldews.com/.
Progress Rail Services, based in Albertville, Ala., provides rail and transit products and services worldwide, with about 4,300 employees at more than 125 locations in the United States, Canada, Mexico, Brazil, Italy, Germany and the United Kingdom. For more information, visit www.progressrail.com.
The Tennessee Valley Authority, a corporation owned by the U.S. government, provides electricity for business customers and distribution utilities that serve 9 million people in parts of seven southeastern states at prices below the national average. TVA, which receives no taxpayer money and makes no profits, also provides flood control, navigation and land management for the Tennessee River system and assists utilities and state and local governments with economic development.
Mike Bradley, Knoxville (865) 632-8860
TVA Media Relations, Knoxville, (865) 632-6000