Improve operating income by reducing energy spending
Energy spending is significant in retail, with companies spending nearly $20 billion on energy each year. A 10% decrease in energy costs has an equivalent impact on operating income as a 1.26% increase in sales for the average retail store. Key to achieving the benefits from energy reduction is the visibility into your energy cost drivers.
Identify the opportunity to reduce energy spending with real-time monitoring
Noveda's energy management solutions provide a 360° view of consumption patterns. Leveraging our real-time monitoring data, customers can uncover the source of energy waste and gauge the impact of actions taken to eliminate waste. Waste or inefficiency in energy use can be as much as 30%, according to the EPA.
Our retail customers use Noveda solutions to achieve operational savings and increase brand loyalty
Optimize your investment in wind/solar PV
Retail chains are expanding their investment in renewables to reduce their energy spending. Whether it is for one installation or for a portfolio of sites, we monitor from string level to the panel surface and the inverter, ensuring you maximize your return on solar PV at minimal maintenance cost.
With the Noveda A+ solution, expect to realize energy savings and increase brand loyalty;a software as a service (SaaS) solution that works right out of the box, with no software to maintain or upgrade, and data that is accessible from anywhere.
Contact us and start saving right away.