Brandon Virgo, energy audit manager, Solarbuzz Jamaica, shows us the statistics capabilities of the software that accompanies the Owl Electricity Monitor. - Photos by Gladstone Taylor/Photographer

You monitor your electricity consumption daily, yet your electricity bill continues to climb unabated. Perhaps you have tried extreme cost-cutting measures, but the frustration continues to mount. Your electricity bill is just too high!

Solarbuzz Jamaica can help you achieve a desired level of energy efficiency. They recommend installing an Owl Electricity Monitor in your home or business which allows you to see and monitor your energy consumption. The monitor is plugged into your breaker panel and shows you how much energy each appliance in your home or business is using.

For a one-time charge of $24,000 (including installation and GCT), within the first month, you are able to see at least a 20-30 per cent decrease in your electricity consumption. According to Jason Robinson, chief executive officer of Solarbuzz Jamaica, people who have installed the product become more conscious of the energy usage of each appliance and begin to cut back on their energy cost.

Monitor usage

“For each day of the week, you can monitor how the energy is used. The monitor can be connected to a computer, which can help you to analyse the data. By analysing the data, persons can see what is costing them the most and make changes,” Robinson said.

Jason Robinson, CEO of Solarbuzz Jamaica, explains how the OWL Electricity Monitor works. - Gladstone Taylor/Photographer

The company, which is focused primarily on providing solar energy, recommends that people try to cut back on energy consumption before making the bold step to install solar-energy panels. Robinson said, initially, energy usage in the home or business must be determined, and whether a solar panel can be installed at the facility.

“Depending on how much usage is accumulated per day, we can determine the size of the system. Once we know the energy usage, we can start putting together the equipment – including the panels, inverters, electrical – and the labour cost,” Robinson said.

Solar systems can range from $800,000 to $1.5 million for a small house, and depending on the energy usage, can also range from $4 million to $5 million. There is a 25-year warranty on the panels, and the other components can last up to 12 years. A minimum maintenance fee is charged each year.

Robinson also recommends that people have their electrical breakers analysed and cleaned regularly – at least once per year. He said energy can be lost when the breaker panel is not efficient.

“The breaker panel is like the engine of the home or business. It needs to be maintained. We label each panel for persons to know where each breaker is connected, so in case of an emergency, they will know which area in the house they are turning off,” Robinson said.

He said to add a solar system or even the Owl Energy Monitor, the breaker panel must be cleaned. Some, he said, were not installed properly, while others are crammed and become hard to service or clear. He added that many breaker panels are overloaded and that causes it to ‘trip’ out all the time.

Solarbuzz Jamaica also provides wind power solutions. They also install anemometers and let their clients know if the wind speed is sufficient for a wind turbine to be installed.

The company also installs pool and pond energy solutions that use up to 80 or 90 per cent less energy. The costs vary, but can go up to US$2,000 (J$174,000).

Contact Solarbuzz at

Small and large businesses are lauding the success of this year’s biannual Expo Jamaica, which ran from April 26-29.

Organised by the Jamaica Manufacturers’ Association (JMA) and the Jamaica Exporters’ Association (JEA), in collaboration with JAMPRO, the four-day event was staged at the National Arena in St Andrew under the theme ‘Brand Jamaica’.

Hundreds of people turned out to view the offerings from the 200 companies showcasing more than 2,000 products.

First-timer to the expo, Solar Buzz Jamaica, won the award for Best Use of Technology in a Booth.

Chief Executive Officer Jason Robinson said they were quite happy with the response to their offerings on services and products to reduce and conserve energy.

“It really gave us a lot of exposure. In fact, as we speak, I’m just leaving the Ministry of Energy, which invited us to display the exact same expo booth set-up at the EEC (Energy Efficiency and Conservation) presentation today (yesterday) with Minister (Phillip) Paulwell,” said Robinson.

Robinson said since the expo ended on Sunday, they have been busy honouring commitments to clients, who had paid or signed up for energy assessments, as well as filling orders for residential and commercial clients for solar products.

Jamaica-Gleaner Continued

The Chinese have a proverb: Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.

The Jamaica Observer‘s Mogul in the Making follows the same philosophy. It is not a lottery with a pile of cash for the one who drew the right ticket.

What the programme offers, we hope, is far more valuable.

The Jamaica Observer, together with sponsors Scotiabank, Flow and the Jamaica Intellectual Property Office (JIPO), and our distinguished panel of experts, has put together a package of knowledge and experience, combined with other practical and intangible benefits, which will help to turn our nominees into true moguls.

All 21 nominees received a feature story and profile in the newspaper and on the newspaper’s website that have made them far more visible to potential customers, clients, suppliers and staff. The paper is also offering specially discounted rates on print and online advertising contracts for the next year.

The nominees will also be invited to four capacity-building workshops organised by our sponsors. Columbus Business Solutions (Flow) is hosting a session on “Technology for SMEs” (small and medium-sized enterprises), while Scotiabank will run “Record Keeping and Customer Service” and “What Bankers Look For in an Application”. JIPO’s workshop will be on copyright, trademarks and patents.

Plus, the nominees will be able to contact the paper if they want advice and we will put them in touch with a panel member who will try to advise them.

The Three to Watch, chosen by our readers, our panellists or Observer’s business journalists (Please see above), will also receive:

A quarterly report on how they are getting on to be carried in the Jamaica Observer and on the website.

A one-year complimentary subscription to the newspaper.

Quickbook 101 Financial Software from Scotiabank.

One-month packages covering “voice, data and video services converge services including digital landlines, Business Class Internet and Internet Bundles” from Columbus Business Communications.

And, of course, they all go forward with the encouragement of the paper, the sponsors, the panel and the readers.

Read more:

A dozen of our Mogul in the Making nominees got to quiz our expert panel on Wednesday.

This is an edited transcript of their questions and the answers they were given.

Q 1: Aisha Morgan, Nettle and Moss

What are the characteristics of a successful, sustainable business and what are the factors that cause failure?

A: Patrick Casserly: The business cycle needs constant innovation. You start with an idea, a germ of an idea, and you acquire some clients and those clients will stay with you as long as you continue to innovate.

You have two clients, those who you sell to and your internal clients, your employees. You need to constantly invest in them, because they are the face of your company.

Q 2: Juliet Thompson, MJ Body Concepts Spa

Where should we look to raise funds for a business in its first three years?

A: Christopher Berry: Most small businesses get their capital from friends and family and people they know. When your company is small, the people who are likely to invest are people who either know you or have an interest in your idea. So you have to tell a lot of people your story.

Banks don’t like square pegs in round holes. They will try to help, but it will take forever to go through the system unless you know what they look for.

You have to prepare yourself to receive financing. There are questions that investors and banks and investment bankers are going to want answered. If you can’t answer these questions, they will think you’re not serious.

Q 3: Alex Morrissey, represented by Jacquie Juceam, Jamaicanmusic.com

What are the advantages and disadvantages of equity and debt financing and how should we balance the two?

A: Patsy Latchman-Atterbury: The advantages of debt financing reside in the fact that you maintain full ownership of your company. There are also tax benefits that come with the interest paid on a loan. Debt also allows you to build you credit rating as you go along.

Equity allows you to sleep a bit better in the night because you do not have a burden of debt in your business. However, with equity you lose the ability to direct your company totally, because you have a third party who may want to have a say in which direction the business goes.

Q 4: Jason Dear, No Brand Chemical

What strategies should we employ when expanding, either across the island or internationally, and should we take baby steps or dive in?

A: Adam Stewart: There are pros and cons to both sides. Take a deep look at what it is that you do and where it works and why it works. Mr Tony Hart was asked a similar question recently and he said something that could not have been said better. He said cashflow, cashflow, cashflow. Just because something works in Kingston, doesn’t mean it will work in Montego Bay and just because it works in Jamaica, doesn’t mean it will work in Barbados.

But you also have to take risk, you have to diversify and find a way to spread your wings so that all your eggs are not in one basket. So yes, you have to role the dice and yes, you do need to expand, but understand your cashflow and make sure that you have all your ducks in a row first.

Q 5: Melville Lumley, Food Express

If you were mentoring a small business owner today, what advice would you give regarding the current economic climate?

A: Tina Matalon: We have to understand the longevity of this economic climate. It’s not gong to return to economic levels we’ve seen in the recent past. We’re in it for the long haul. To survive at a time like this you have to be in it to win. You have to be at first or second spot or get out.

A cost saving strategy is absolutely imperative. Monitor your costs daily or it

 

THE Jamaica Observer‘s Mogul in the Making may not be a ‘cure all’ for the challenges faced by fledgling businesses in Jamaica.

But the exposure has helped this year’s 21 nominees, individuals who have already taken the first step in pursuing enterprise, to switch gears.

At a gala event in the Coutleigh Auditorium, New Kingston, on Wednesday to mark the end of this year’s programme, the nominees got to mix with prominent members of the business community and other Jamaica Observer readers.

And the message they were telling everyone who would listen was that the exposure they received from the programme far exceeded the reach of any marketing they could afford.

Food Xpress Catering’s Georgia Scarlett said the programme created “a launch pad for her company’s marketing thrust”.

Energy management company Solar Buzz Jamaica may have gotten a little more mileage than others

The inaugural Jamaica Observer Mogul in the Making start-up programme culminated with Glad Helpers, Jamaicansmusic.com and C & E Innovational Services walking away as the “Ones to Watch”.

The programme, which is aimed at highlighting young businesses that embody the spirit of entrepreneurship while making a positive economic impact, ended at the Courtleigh Auditorium late Wednesday evening.

Glad Helpers, a cleaning service that’s owned and operated by Angelic Barrett, was chosen as the Journalists’ Choice. Barrett, who said she started her business after being unable to get suitable help, received exceptional feedback from readers in addition to impressing all the journalists involved in the selection.

Jamaicansmusic.com, which provides songs ranging from ska to contemporary dancehall and also streams live artiste sessions, is the People’s Choice after getting more than 3,500 votes online. Alex Morrissey, its owner, was unable to attend the ceremony due to unavoidable travel off-island, but sent messages to his representative and manager, Jacquie Juceam, expressing his excitement and gratitude to the programme.

C & E Innovational Services, run by Erica Wynter, was selected as Judges’ Choice, for her “creative” and “relevant” mail delivery and small business assistance units. Wynter said she’s excited that her hard work and dedication have paid off and hopes others follow suit and pursue their dreams.

The event, which was attended by four hundred invited guests and others who wrote in for tickets, allowed the 21 nominees and audience members to pose questions to a panel of distinguished business leaders.

The panel included Tina Matalon, marketing director of Restaurants of Jamaica; Michele English, Flow’s president and CEO; Adam Stewart, deputy chairman & CEO of The Jamaica Observer; Patsy Latchman-Atterbury, Vice President of Scotiabank‘s Small & Medium Enterprises unit and Christopher Berry, chairman and CEO of Mayberry Investments.

Columbus Communications Jamaica Limited, through their brand, Columbus Business Solutions (CBS) and Scotiabank Jamaica, through Scotia Small Business, were the main sponsors of the event.

The three start-ups selected as “Ones to Watch” will receive complimentary one-year subscriptions to the Observer; a quarterly story in the paper and online about how their progress; mentoring, if needed, from the panel of experts; Quickbook 101 Financial Software from Scotiabank and a one-month package of digital landline and Business Class internet bundles from CBS.

Additionally, all nominees will get a year of discounted rates for print and web advertising contracts from The Observer, a workshop on “Technology for Small and Medium-sized Enterprises” from CBS and workshops on “Record Keeping and Customer Service” and “What bankers look for in an application” from Scotiabank;

The Mogul in the Making programme, which started in January, wants to fix the imbalance on the focus given to large enterprises and bring entrepreneurs from all over the island to celebrating their accomplishments and encourage others to be like them.

 

http://m.jamaicaobserver.com/mobile/business/Jamaica-Observer-s-Mogul-in-the-Making-turns-up-trumps_11159639

IT’S rare when a business, especially a start-up, has something good to say about JPS, but the nation’s sole electricity distributor isn’t always at fault, said Jason Robinson, CEO of Solar Buzz Jamaica.

Bad wiring, inefficient equipment and poor practices, issues his seven-month-old energy management company addresses, are often the reasons for high monthly electricity bills, said Robinson, “We teach people how to conserve through energy audits and assessment, energy-efficient products, and solar solutions.”

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