If you've no account register here first time
User Name :
User Email :
Password :

Login Now

Rite Aid Taps Ecova for Energy Management

Drugstore chain Rite Aid has selected Ecova to provide utility expense and energy management services for its 4,700 U.S. locations.

The Ecova system will provide Rite Aid with rate monitoring and optimization aimed at ensuring that the company is paying the lowest energy cost available across hundreds of utility territories. Using site energy consumption data and proprietary utility tariff models, the system can evaluate and recommend optimum energy rate options as well as energy-related tax alternatives, Ecova says.

Ecova will provide the drugstore chain with aggregated billing information and energy use data through a dashboard system.

The energy management company says it has a client list 600-strong, and currently works with 40 percent of North America’s large retailers.

In November, Ecova announced it that it was to buy enterprise energy management firm Prenova. Ecova said that it planned to be the sole funder of the purchase, which should be neutral to its 2012 earnings. The transaction should close by the end of this year.

Environmental Leader Product and Project Awards 2017
Sponsored By: Environmental Leader

  
Video: Expense & Data Management for Complex Payables
Sponsored By: Ecova, Inc.

  
Just the Facts: 8 Popular Misconceptions about LEDs & Controls
Sponsored By: Digital Lumens

  
The Corporate Sustainability Professional's Guide to Better Data Management
Sponsored By: Urjanet

  

Leave a Comment