Parking Facilities

 

This $18.3 billion, profitable but fragmented service industry has posted strong growth prior to the 2008 sub-prime real estate and financial meltdown. However, this is NOT a recession-proof sector, as evidenced by the 5% decline in sales from 1990. Growth is likely to slow further. Demand for parking spaces is influenced by the price of gas (expected to hit $3.75/gallon by summer again and $5/galllon by 2012), white-collar employment levels, commercial vacancy rates in metro areas, and even weather. Until a recovery, this will be a challenge, as office vacancy rates began to rise for the first time in four years and commercial real estate now feels the ripple effects of the credit crunch.  Optional methods to impact profits include expense management, automation and new services.

 

First, energy efficient lighting (induction, LED and plasma) have been evolving for years. The option to convert and save up to 75% immediately has been possible for years, but required a significant investment to purchase the technology.

 

Obviously, there is a cost associated with the electricity needed to light a garage. In addition,

U.S. Grid Solutions understands that there are maintenance costs associated with keeping conventional bulbs operating. We also understand that when business is down (even when it is adequate), it is not the best time to make a significant investment (as paybacks can range from 2-5 years on the initial investment).

 

Even though these technologies offer demonstrated energy savings – thus lowering operating costs, in this case substantially – businesses often have to wait years to see the benefits of their investments. Meanwhile, cash that could be devoted to other uses is tied up. U.S. Grid Solutions began its financing programs specifically to address this problem. The result is dropping up to 75% of your operating expense savings for lighting straight to your bottom line.

 

Secondly, U.S. Grid Solutions can offer you a new service that creates incremental revenue immediately.

U.S. Grid Solutions offers a wide range of solar panel systems that we install on the top floor of your garage (or roof). These revenue generating systems do not compromise parking allocation at all. The technology produces solar electricity that can be sold back to the grid or used (or both).

 

As with solid state lighting (up to 75% immediate savings), top level and rooftop solar panels may be financed through U.S. Grid Solutions, without having to commit significant upfront capital, resulting in additional profit improvement, immediately. These systems represent an incremental revenue stream that most operators do not use or know about.

 

U.S. Grid Solutions' sustainable technologies reduce energy significantly for parking facilities, up to 75%.

U.S. Grid Solutions' solar technologies create energy that a parking facility can sell back to the grid (where allowed), creating new revenue streams.

 

U.S. Grid Solutions offers financing solutions that reduce or eliminate up-front capital expenditures for our clients, ensuring that adoption of green technology improves cash flow.

 

Contact U.S. Grid Solutions to reduce operating costs or to create additional revenue where allowed.