Self-storage firm cuts energy costs by 75% with green investment

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Self-storage company Space Station has cut its energy costs by as much as 75% following a £550,000 investment in clean energy technologies.

 

The company highlighted energy generation and efficiency technologies for a number of its UK-based branches, including solar panels, a wind turbine and LED lighting.

More than 850 solar panels have been installed across several branches, while the Chiswick store received a £50,000 wind turbine. A lighting system comprising LEDs and motion detection sensors has also been installed across several stores.

The company has also made an investment in electric vehicles after introducing a Tesla earlier this year. Further EVs will be introduced as and when Space Station’s existing fleet is retired.

The investment was made to further Space Station’s progress towards a planned 50% reduction in its carbon footprint over the next five years.

Space Station now generates around half of the energy it consumes, saving the company approximately £10,000 on its annual electricity bills. The results so far have triggered additional programmes with work now planned for the company’s branch in Kings Heath, Birmingham.

Kevin Prince, chief executive at Space Station, said while the company had made progress on its targets there was still work to be done.

“It is important to say that the cost of solar panels has come down substantially in the last few years, as has the cost of LED lights, so the initial outlay would be reduced for any new entrants. Our biggest challenge remains generating green electricity for our two stores in St.John’s Wood, north west London. With them being underground it’s a bit more difficult to install solar panels there.

“We’re proud of the work we have done towards our carbon reduction goal so far and how our green programme has been embraced by employees,” he said.

 

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