The U.S. DOE defines a net-zero energy building (NZEB) as a residential or commercial building that produces in a year at least as much renewable power as the total energy it uses.
The new TD Bank store will require approximately 97,000 kilowatt-hours (kWh) of electricity a year to operate, but the company says its 400 solar panels will produce a minimum of 100,000 kWh a year on site. Only eight buildings in the nation are registered as NZEBs with the DOE, and TD Bank will be the first to register a net-zero energy commercial bank.
As a result of its energy-efficient design, TD will also target LEED Platinum certification.
In the last year, TD bank received a Green Power Partner Leadership Award from the U.S. Environmental Protection Agency (EPA), and purchased enough renewable energy credits to meet 100 percent of its energy needs. Yesterday the EPA revealed that TD Bank places 16th in its ranking of member companies in the EPA Green Power Partnership, by purchasing over 240 million kWh of green power a year.
In the last year TD Bank also became a participating member of paper manufacturer Boise Inc.’s Closed Loop System, which will buy, recycle, repurchase and repurpose 1,500 metric tons of paper from TD’s operations in the U.S. and Canada.