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Teaming Up to Save Money
Securing and purchasing equipment in today’s supply -constrained world is no easy feat, especially when the material needed is a specialty fabrication. But that hasn’t stopped employees across APS from looking for creative ways to meet the company’s needs while saving money -- all in an effort to provide customers with reliable power at the lowest cost possible.
That’s exactly what an APS engineer did in late 2023 after learning an out-of-state utility was in the process of decommissioning a power plant and liquidating its equipment. He quickly worked with teams across multiple organizations to begin the process of purchasing the material -- that was in good shape -- to replace our existing equipment that had heavy wear and needed critical parts that were no longer available from the manufacturer.
Over the course of just weeks, APS was able to secure the pre-used equipment at a deep discount and take immediate delivery instead of the two-year lead time for new equipment.
The savings don’t end there. The team also did research to determine the material was tax exempt. In total, this bargain-hunting crew was able to acquire the equipment and parts it needed to bring the plant to 100% production, while saving more than $16 million. Now that’s a good deal for all us!
This is just one example of hundreds of ways our employees are trained to look for opportunities to find efficiencies and save money every day.
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