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Research Project Information




Research Project Summary Information



Business Plan Development(26307)

Utility Systems Tech., Inc.

Background

Utility Systems Technologies, Inc. (UST), is a corporation founded in 1991 with offices in Watervliet, New York. UST was formed to offer consulting to the utility industry for equipment design and forensic failure analysis. An outgrowth of this work was the development of several products that solved power quality problems caused by the combination of utility deregulation, the changing nature of electrical loads, and the soaring cost of electricity. UST has designed and is manufacturing several unique electronic power quality devices to address these power quality needs.

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Project Description

Schwartz Heslin Group, Inc. (SHG) will write a business plan for UST. UST has over 700 units installed in 26 countries and 46 states. Its products are proven technically superior and it sales have been growing at approximately 20% per year for the last five years. UST feels it is appropriate to have its methods and direction examined by a competent third party to help establish a business direction and growth plan for the next five years. SHG will create a business plan for UST that will lay out the necessary steps to sustain a 20% growth rate for the next five years.

Benefits

Development of a Business Plan will benefit New York State through continued sales and job growth at UST. In 2011, UST sales grew 20% and five jobs were added.

Project Results

Contractor

Utility Systems Tech., Inc.
2315 Cayuga Road
Niskayuna, NY 12309

Principle Investigator

Robert Degeneff

Universities Involved

Technologies

Project Type:

Business Development


Technologies Types:

Energy Power Supply
Power Conditioning Devices

NYSERDA Contact Information

John Love
JFL@nyserda.ny.gov

Program

R&D - Energy Mkts & Pwr Del

Contract Details

Start Date: 7/17/2012
Project Status: Active
Contract Number: 26307




Last Updated: 8/13/2012