Space Station Self Storage, headquartered in Slough, England, has invested £550,000 in green initiatives in an effort to reduce its carbon footprint by 50 percent during the next five years. The company has installed LED lighting and 850 solar panels across its eight facilities and invested £50,000 in a wind turbine to help power its facility in the Chiswick District of West London, according to the source.
Space Station has already saved £10,000 per year on electricity costs, reducing its bills by 75 percent. The company has also reduced its CO2 emissions by 120 tons and is generating 50 percent of its own energy through solar panels and other renewable methods, the source reported.
“Self-storage, as an industry, is environmentally friendly. It’s all about giving you the space to keep and reuse things rather than sending them to landfill,” Kevin Prince, CEO, told the source. "We’ve been focusing on our green initiatives since 2008 but understand there is still work to be done to reap the full benefits that eco-friendly technologies can offer our business.”
Declining costs for green-technology solutions have enabled the company to invest across its portfolio. “It is important to say that the cost of solar panels has come down substantially in the last few years, as has the cost of LED lights, so the initial outlay would be reduced for any new entrants,” Prince said.
Space Station has also partnered with a supplier of recycled cardboard boxes and rents reusable crates as alternatives to selling traditional, paper-based moving boxes to customers.
Founded in 1983, Space Station opened its first facility in Colnbrook, a village of Slough. The company’s locations are primarily in Greater London.