Chattanooga, TN (August 15, 2017) – EPB, in partnership with the Tennessee Valley Authority (TVA), presented Dynatronics Chattanooga with a $2,000 incentive to assist with the cost of replacing an internal combustion forklift with an electric powered forklift that will improve the operational efficiency of Dynatronics warehouse operations in Ooltewah.
EPB’s Energy Services & Communications key customer group presented the $2,000 check to Dynatronics, which is a leading manufacturer of medical and rehabilitation equipment.
“We are proud of working with our commercial customers to find ways to reduce energy waste and incentives that help them operate more efficiently,” said EPB energy analyst Neal Potter. “Lift trucks are one of the most widely used material handling vehicles, so we were glad to help Dynatronics through the TVA Energy Right Solutions Electric Forklift Program.”
“We are thankful for EPB’s efforts to incentivize ways that can help us reduce our operational costs and provide a cleaner environment for our employees to serve our customers,” said Dynatronics Chattanooga plant manager Al Bennett.
While the initial cost of an electric forklift can be greater than a diesel or propane powered forklift, the savings in fuel and maintenance can provide a quick return on the investment, according to the Electric Power Research Institute (EPRI). The cost to purchase, maintain and charge an electric forklift over five years is about $58,000, versus about $80,000 for a propane powered combustion engine lift truck during that same time, yielding a savings of about $22,000 according to EPRI.
Additional benefits of electric forklifts include less pollution, quieter operation, greater efficiency and reduced maintenance costs.
Established as an independent board of the City of Chattanooga in 1935, EPB is a municipally-owned utility that provides electric power and fiber optic communications services as a means of promoting economic development and enhancing quality of life across the local area.
EPB serves more than 170,000 homes and businesses in a 600 square-mile area that includes greater Chattanooga, as well as parts of surrounding counties and areas of North Georgia.
In 2010, EPB became the first provider in the United States to deliver up to 1 Gig (1,000 mbps) internet speeds utilizing a community-wide fiber optic network that provides access to every home and business in its service area. In 2015, EPB became the first, and to date, only American ISP to make up to 10 Gig (10,000 mbps) internet speeds accessible to all of its residential and commercial customers as a standard offer.
EPB has also utilized its community-wide fiber optic network to deploy the most advanced and highly automated smart grid power management system in the nation. In recognition of EPB’s groundbreaking infrastructure, the Department of Energy and Oak Ridge National Laboratory are utilizing EPB’s smart grid as a national model for researching and developing best practices. EPB is also the first major power distribution utility to earn the USGBC’s PEER certification for having a highly automated, modernized electric power grid. For more information, go to EPB.com.