Ecova Identified Over $800 Million Dollars of Savings for Commercial and Industrial Clients Across North America in 2013

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.

Contacts:

Ecova
Erin Fitzgerald, 971-201-4132
efitzgerald@ecova.com

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