Hardware Retailing

APR 2017

Hardware Retailing magazine is the pre-eminent how-to management magazine for small business owners and managers in the home improvement retailing industry.

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Page 82 of 88

HARDWARE RETAILING | April 2017 78 Last Word I t was almost a decade ago when Rob Gardiner, owner of Damariscotta Hardware in Damariscotta, Maine, was approached by a local contractor to see if he would be interested in installing solar panels on the roof of his business. Gardiner says he had already made efforts to cut back on business costs by installing a wood gasification boiler. From that, he was able to reduce the store's heating oil consumption by 90 percent. He also replaced high-wattage lighting with more efficient fixtures. The team at Maine Energy Performance Solutions (MEPS) was impressed by Gardiner's efforts and wanted to pitch the idea of installing a photovoltaic (PV) system, or solar panel system, on the store roof. The MEPS team did a presentation for Gardiner on how to fill out the paperwork for a grant, the tax benefits available and the overall savings from installing the system. Gardiner says he was sold on the idea. "Anything I can do to not give money to the power company, I'm all for," Gardiner says. "The total system gives us 65 to 70 percent of our annual needs for electricity. On our monthly power bill, we get a small credit for the amount of solar we dump back into the grid. The period from March to September provides a larger credit, and it's a little less in the winter." While utilizing solar has been the right move at one of Gardiner's stores, his second store isn't a candidate, and this may be the case for other retailers who are intrigued as well. "Installing a PV system is not going to work for everybody; it depends on the building, the roof and other factors," he says. "However, I think the technology will continue to improve in the future, and it's something to consider." Maine Hardware Store Cuts Costs by Utilizing Solar Energy "The total system gives us 65 to 70 percent of our annual needs for electricity. " —Rob Gardiner, Damariscotta Hardware

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