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A Head Shake



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Challenges facing Not-for-Profit Boards of Directors - By The Osborne Group

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T’is the season for selling replacement air conditioners and furnaces. Hydro One, Toronto Hydro and Direct Energy have all lobbed offers at me this month.

Direct Energy pitch me that if I install a new forced air gas furnace it will save me some $868 a year including $340 in electricity. If you run your furnace fan motor year ‘round the electrical saving grows to about $500. A new furnace costs about $6000 installed.

For about $600 you can retrofit the existing furnace fan motor and still save the $340 or $500 a year. Looks like a better investment to me, pays back in less than 2 years, takes about an hour to install and I have the $600 in my jeans.

But alas the electric utilities, and their minder the Ontario Power Authority, only pays their $250 grant for installing a new gas furnace not for just saving on electricity! Time for a head shake?


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Free PDF Download
Challenges facing Not-for-Profit Boards of Directors - By The Osborne Group

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About the Author: The Osborne Group

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The Osborne Group has been helping organizations succeed since 1993. Based in Toronto, Ontario, The Osborne Group provides a wide range of professional interim management, project management, and coaching and consulting services to small and medium enterprises, not-for profit organizations, and the public sector.
Click here to visit The Osborne Group's website.
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