Turning a business into an eco-friendly operation typically means raising initial costs, but it will benefit the business in the long run—Toronto’s Beach Solar Laundromat is a prime example of that.
The laundromat’s 70-year-old business experienced a heating system overhaul in 2002/3, in which eight solar thermal panels were retrofitted. The solar panels now heat the laundromat’s water, which has reduced natural gas and electricity consumption by 30%. Not only is the Beach Solar Laundromat making for a greener planet, it has seen a 160% increase in revenue! Springwise puts it wisely, “Clean up your energy and the cash will follow.”