Portsmouth Company Blows Away its Electricity Bill
By FRANK CARINI/ecoRI staff
The Vestas V27 225-kilowatt turbine is expected to generate an estimated 450,000 kilowatt-hours of energy a year.PORTSMOUTH — With an electric bill fast approaching $100,000 a year, the U.S. Department of Energy predicting that fossil-fuel energy costs will increase 5.3 percent annually for the rest of time and federal stimulus money available for renewable-energy projects, Rick Hodges did the math. It added up to a 225-kilowatt Vestas wind turbine.
With the installation of the nearly 100-foot-high turbine expected before the end of the year, the president of the Hodges Badge Co. anticipates Rhode Island wind soon will produce nearly all of the 45,000-square-foot facility’s electricity.
Last year, the family-owned and operated business used 451,000 kilowatt-hours of electricity. Hodges said he expects the soon-to-be-installed wind turbine to produce 450,000 kilowatt-hours of power a year.
The project was the result of three years’ work with another local company, Integrity Energy Group, and the turbine will be installed behind Hodges Badge’s facility on East Main Road. The 98.5-foot-high turbine will feature 47.5-foot-long blades and will reduce the facility’s carbon dioxide emissions by 435,000 pounds a year.
“Combine concerns about the environment with rising energy costs, and installing the turbine was the ideal solution — both environmentally and economically,” Hodges said.
The siting of a turbine in his company’s backyard, however, isn’t the first environmentally friendly business practice Hodges has adopted in the past decade. The company doubled the facility’s roofing insulation, which cut its energy bill in half, Hodges said. Also, the building’s several hundred electrical fixtures were fitted with energy-saving lights, a more energy-efficient hot-water heater was installed and all cardboard and office paper is recycled.
The company also looked into installing solar panels on the factory’s roof, but the cost of re-engineering the building, which was built in the 1960s, to accommodate such a system was cost prohibitive, Hodges said.
Instead, Aquidneck Island’s abundance of wind proved to be a better and more cost-effective sustainable energy source. The Hodges Badge turbine will be the fourth to be installed on the island and the third in Portsmouth. The 225-kilowatt turbine is small compared with the 660-kilowatt model at the Portsmouth Abbey School or the 1.5-megawatt turbine at Portsmouth High School.
To help offset the cost of his latest cost-saving and energy-saving project, Hodges applied for and received a $225,000 Renewable Energy Fund grant from the Rhode Island Economic Development Corporation (EDC).
“We are thrilled to support companies like Hodges Badge,” said Keith Stokes, the EDC’s executive director. “It’s such a success that they will be powered entirely by renewable energy and contribute to making Rhode Island a more green state.”
Hodges Badge also received $156,250 in federal stimulus money that was allocated by the state Office of Energy Resources. The two grants added up to the difference between paying off the nearly $900,000 cost of installing the turbine in four to five years instead of eight or nine. In fact, without at least one of these grants, Hodges said his company wouldn’t have been able to afford the turbine.
Hodges originally looked into buying a refurbished 225-kilowatt turbine, but quickly discovered that banks won’t finance them, grants aren’t available to fund them and the warranty is only a year.
The new Hodges Badge wind turbine will feature automatic shut-off at 65 mph and will have the ability to sustain winds up to 166 mph. It has an estimated life of 25 years.
Every year, Hodges Badge, which has been in business since 1920, turns 12 million yards of satin ribbon — made from wood pulp that is bought from three North American vendors, including one in Cumberland — into rosettes, flat ribbons and neck ribbons for medals. Its East Main Road facility employs 95 people and is the company’s corporate headquarters. In 1989, a second facility, in Washington, Mo., just outside of St. Louis, was opened. Today, that facility employs 50 people.
The Missouri facility doesn’t yet use any renewable energy, Hodges said, because the cost of electricity is so low — 7 cents per kilowatt-hour, compared to 18 cents in Rhode Island — that the payback is long and because Missouri hasn’t done nearly as much to promote renewable energy as the Ocean State.
The company, however, recently added 8 inches of insulation to the roof of the 9,000-square-foot Missouri plant, Hodges said.
Monday, May 10, 2010 at 8:12PM 







