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By investing in energy efficiency when it built its new facility in Rockingham in 2003, Chroma Technology is now saving money as well as protecting the environment. "Chroma takes great pride in being a 'Green' company," said facilities manager Rick Holloway. "And our efforts in building our new facility are not only paying off in dollars and cents but in cleaner water, cleaner air, and knowing that we have reduced our overall impact on the environment. Although it did cost a little extra up front, the long-term payback is significant." Chroma, an employee-owned company that designs and makes high-tech precision optical filters and coatings for microscopes, was founded in 1991 and moved into its 28,000-square-foot building in 2003. The company wanted its new building to be as energy-efficient as possible and teamed up with Efficiency Vermont to achieve the goal. Efficiency Vermont is the statewide energy efficiency utility that helps businesses and households reduce energy costs. Funded by a small percentage of ratepayers' bills, the service helps identify energy-savings opportunities. Sometimes, as it did with Chroma, it provides financial incentives to offset higher costs. Efficiency Vermont worked with Chroma on its new heating and cooling systems, its lighting, the compressed air that runs all its equipment, and other equipment. State-of-the-art upgrades included:
"All told, these upgrades will save the building 475,000 kilowatt-hours of electricity and 6,000 gallons of propane per year," Arnold said. "This works out to $49,000 in electrical savings annually, and $10,000 in propane savings annually. The cost to Chroma of all of these upgrades was $130,000. Efficiency Vermont provided $32,000 to offset this cost." At these rates, the investment by Chroma paid for itself in 1.7 years, Arnold said. "The electricity and propane savings do more than save Chroma money on utility bills," Arnold said. "They also help the environment by reducing the greenhouse gases and pollutants put into the air by power and refining plants." The estimated annual greenhouse gas and pollutant savings will be: