Founded in 2013, GreenLight Energy Conservation is a full-service energy conservation company based in Lakewood, New Jersey. GreenLight serves several different divisions of the utility industry. The original division was started to help customers upgrade their lighting to more energy-efficient lighting, usually through LED upgrades.
In 2017, GreenLight started a “Utility Bill Audit” Division focusing on the cannabis industry. They began servicing the cannabis industry since they realized that cultivators use significant amounts of energy. GreenLight’s goal is to identify opportunities for cannabis growers to use less energy. With a focus on the cannabis industry, GreenLight began processing rebates related to their lighting projects. They became very familiar with how utility companies work and how they bill their customers. Isaac Liebes, Managing Director, Cannabis Consulting GreenLight Energy Conservation, said, “It started to raise a red flag when we saw identical users being classified and structured differently.”
What is the process of a Utility Bill Audit?
Isaac explained, “Typically, it’s not necessary to go on-site to visit these cultivations to get their audit process started. It begins with GreenLight reviewing one recent copy of an electric, gas, and water bill. If they have propane or CO2, we can also look at those bills. Just by running an internal analysis of those invoices and can get enough information without going on-site. Based on this initial research, we can let clients know our feedback and if we think there are opportunities to save them money on their utility bills.”
Isaac said, “In the cannabis space, it’s so important to lower your cost per pound. In markets moving from the West coast to the East coast, the cost per pound is decreasing. To reduce that, you need to keep a close eye on your utility bill and ensure that it doesn’t tick up for something preventable. Make sure you have someone who knows what they’re doing when it comes to utilities that they are monitoring and looking out for you and making sure that you’re properly structured and ensuring that you are getting charged on the correct classification types. Also, take advantage of utility offer rebates on your equipment, install the most efficient equipment, and do your best to keep your cost per pound low.”
To read the complete article, go to www.bridgewestconsulting.com
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