Ecova,
a total energy and sustainability management company, today announced
that it identified over $800 million of savings during 2013 for its more
than 700
commercial and industrial clients through comprehensive resource
management programs.
The savings can be attributed to Ecova’s comprehensive
approach to energy and sustainability management, which combines
cutting-edge technology with deep energy and sustainability expertise.
Partnering with the committed energy, sustainability and efficiency
professionals at Ecova’s clients, and acting as an extension of their
team, has led to exceptional program strategy and implementation and
ultimately significant energy, water, waste, and telecom cost and usage
savings.
“Helping our clients save money, energy and other resources is at the
core of everything we do at Ecova,” said Jeff
Heggedahl, CEO of Ecova. “Achieving this kind of savings in just one
year is important for our team, our clients, and the environment. We
look forward to partnering with our utility and commercial clients in
the years ahead to make an even bigger impact.”
“In 2013, Ecova helped us achieve extraordinary savings in our energy
and water costs,” said Bob Valair, Director of Energy & Environmental
Management at Staples,
an Ecova client for over a decade. “Ecova is a true partner that
understands our business and is always going beyond their day-to-day
commitment. They work with us side by side and do more than expected.
It’s not just about paying bills, it’s working with over 800 utilities
analyzing our utility bills, looking for mistakes, finding
opportunities, minimizing risk and understanding our data.”
Ecova engaged Verdantix,
an independent analyst firm focused on energy, environment and
sustainability, to assess and validate Ecova’s approach to measuring the
savings its clients achieve.
“We conducted independent research to verify that the methodologies used
by Ecova accurately reflect the savings delivered by their solution
set,” said David Metcalfe, CEO of Verdantix. “Our analysis confirms that
Ecova appropriately assesses the direct cost savings and cost avoidance
delivered to its clients. Hard data on energy cost savings is an
essential proof point to justify further investment.”
About Ecova
Ecova
is the total energy and sustainability management company whose
sole purpose is to see
more, save
more, and sustain
more for its clients. Using insights based on consumption, cost and
carbon footprint data spanning thousands of utilities, hundreds of
thousands of business sites and millions of households, Ecova provides
fully managed, technology-optimized solutions for saving resources,
which in turn increase returns, lower risks, and enhance reputations.
Ecova is the largest non-regulated subsidiary of Avista Corp (NYSE:
AVA). www.avistacorp.com.
For more information, visit the company’s website at ecova.com,
on LinkedIn at http://linkd.in/EcovaInc,
or follow Ecova on Twitter at @ecovainc.
Copyright Business Wire 2014