Binghamton, NY (WBNG Binghamton) Small business owners learn how to cut down on energy costs.
Binghamton's Economic Development Office held a luncheon at the Broome County Library Thursday to discuss energy efficiency for small businesses.
This is the fourth of seven community discussions for Blueprint Binghamton, an effort to plan for the city's future.
Thursday's meeting hosted five speakers to talk about how businesses can go about becoming more energy efficient and what it could mean for them financially.
"The cost of energy is a big challenge for all of us, I guess, but particularly for small businesses, so we think anything that we can do to help small businesses save money along those lines will be helpful and also helps to generate other businesses, companies that are doing energy improvements," said Merry Harris, director of Economic Development.
If business can save on utility bills, then that could free up more money for other investments.
"Small businesses are always running in a tight margin and so if they can lower their energy cost, that may result in them being able to hire another person, maybe help them pay off other loans that they might have, maybe help them make capital investments in equipment or be able to expand the business," Harris explained.
Harris encourages anyone looking to start a new business to contact NYSERDA first to evaluate their new space and try to make it as energy efficient as possible.