Hampton Falls, United States
About MeAs managing member of Performance Business Solutions, LLC, Jeff Hiatt understands the importance of controlling costs for businesses. Utility expenses are a major cost for most businesses. When businesses do not understand how utility rates work, profit margins suffer. Jeff Hiatt helps companies reduce their energy costs through careful analysis of their energy use. Once this is complete, he explores all avenues to reduce energy usage and costs.
The first step is to examine a client's energy usage. Graphing gas and electric energy use for an extended period can show patterns of high and low energy usage. By knowing how and when the client is using the most energy, steps can be implemented to reduce those usage peaks and valleys. This approach to energy management and consumption leads to a better comprehension of energy use.
Another tool available to help reduce energy usage is the use of a thermal imaging camera. These cameras can be useful in finding heating and cooling leaks in buildings. By "knowing your building", you can close the building leaks and reduce your fossil fuel usage.
Once the building's energy use is understood, it is possible to begin to manage future energy consumption. Today, many alternative energy options are available. These include solar power, wind power, and geo-thermal heating and cooling. These can replace conventional energy sources. Using tax incentives and credits, clients can greatly reduce the cost of switching to alternative energy sources. There are multiple benefits, financial and otherwise, to the use of sustainable energy and taking advantage of new technologies.
Typically, clients will always need to buy energy from the grid. Another expense reduction tool that has been successfully used is an on-line reverse auction for energy procurement. Energy Auction is a form of "reverse auction," where energy suppliers bid to offer businesses their services and the lowest price wins. The aggregation of utility usage and the subsequent auctions help reduce the cost of every kilowatt or therm of use. The auctions occur when there are enough buyers in the pool to interest the deregulated suppliers. This can be for amounts ranging from 10 million kWh to 50 million kWh.
Hiatt has helped both businesses and municipalities implement some or all of these measures. He has helped launch Cranston Buying Power and Rochester Buying Power programs. These programs help businesses in Rhode Island and New Hampshire, respectively. Cranston, RI and Rochester, NH use the Energy Auctions and Utility Module to help reduce clients' costs. Utility Module is an internet based system that tracks utility information and enables clients to manage their account more efficiently.
01-00-1983 - 01-00-1987
Director of Business Development
Hampton Falls NH