Saving On Winter Energy Costs

Staten Island business bank shares money-saving tips for local firms


STATEN ISLAND, N.Y. – First during superstorm Sandy and most recently this week when vehicles were banned on all the roads, some preparedness plans seemed to have been put on hold.

Victory State Bank, Staten Island's only community-based commercial bank, posits that contingency preparations along with energy-saving pointers can be cost-cutters.

While several pragmatic suggestions are directed to homeowners, business firms can also benefit from them.

Many owners may already have adapted these ideas for their own home, but oftentimes they don't apply them to their work environment.

One take-away from a compilation by the Propane Education & Research Council (PERC) is to consider having a propane-fueled generator as part of a backup plan.

Island business owners may recall storm-imposed difficulties in getting gasoline, which powers many of the widely available generators. Propane, though, may be a fuel that owners might not have thought about.


PERC also offers a number of additional ideas.


§  Install and set a programmable thermostat. This can save an estimated 10 percent per year on heating costs by setting the heat for a comfortable temperature only when workers are present.


§  Use sunlight to your advantage. During winter months, take advantage of sunlight by opening blinds during the day to allow the sun to naturally heat the premises.


§  Reduce energy for water heating, which accounts for roughly 14 to 18 percent of most utility bills. Reduce costs by setting the water heater no higher than 120 degrees Fahrenheit and wrapping a water heater jacket around it if it’s more than five years old.


§  Use a heavy-duty, clear plastic sheet on a frame or tape clear plastic film to the inside of window frames. Make sure the plastic is sealed tightly to the frame to help reduce infiltration.


§  Install tight-fitting, insulating shades on windows that feel drafty after weatherizing.


§  Have a technician inspect and confirm that your appliances are running as efficiently as possible, so you can conserve fuel and save money.


§  Hire a professional to maintain your heating system. Arrange for annual maintenance with a qualified technician. This includes checking the airflow over the coil, checking that the combustion process and heat exchanger are operating safely, and ensuring proper airflow to each room.



About Victory State Bank

 VSB Bancorp, Inc. (OTCQB: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online at



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