Learn how, since January 2007, Kohl’s has used EPA’s ENERGY STAR measurement and tracking tool, Portfolio Manager, to benchmark the energy performance for all of its stores. Kohl’s has a longstanding commitment to energy management and estimates that the company prevented nearly $50 million in electricity costs over the last four years through energy efficiency programs which, accounting for rate variations, have translated into an improvement in energy efficiency of more than 20 percent, primarily in stores. Most of these energy savings have resulted from low- and no-cost improvements to store operations and maintenance (O&M) protocols.
Burton Energy Group helps Staples reduce energy consumption in a 500,000-square-foot warehouse by more than 7 percent, with a predicted payback period of 2.4 years, through measures identified in an “Energy Reduction Treasure Hunt."
Do you have energy efficiency projects that have been postponed or rejected due to capital budget limitations, other projects with better returns, or lack of expertise? Yet, from your perspective the project should be a “no brainer” due to the immediate positive cash flows generated by the energy savings. Understanding your organization’s decision-making process, being able to effectively speak to the benefit of improved cash flow, and improving your financial literacy can greatly increase your probability of receiving approval for a project. The self-funding aspect of energy efficiency is often under-appreciated by senior management, and you want to be able to clearly address any questions, concerns, and benefits.
Creating an energy policy is a key step in formalizing your organization's commitment to saving energy. After all, you’ll be much more likely to achieve lasting results when energy efficiency is integrated as a core element of your organization’s business practices.
Signed in June 2009, Sears Holdings Corporation’s environmental policy statement outlines its commitment to:
The ENERGY STAR score for retail stores applies to both retail stores and wholesale club/supercenters. The objective of the ENERGY STAR score is meant to fairly assess how a property’s energy use measures up against similar properties considering the climate and business activities. A statistical analysis of the peer population is performed to identify the aspects of property activity that are significant drivers of energy use and to normalize for those same factors. The result of this analysis is an equation that predicts the energy use of a property, based on its business activities. This prediction is compared to the property’s actual energy use to yield a 1 to 100 percentile ranking in relation to the national population of properties.