Electricity rates are forecast to increase 8 percent through 2025. That’s a significant figure to the banking industry, where about 85 percent of the annual utility budget is spent on electricity. Ecova helps banks offset those costs. Since 2008, energy management solutions from Ecova have driven 8 percent to 11 percent energy cost decreases for more than 17,000 bank branches in all 50 states and 10 Canadian provinces.
Ecova's Utility Expense & Data Management solutions help banking organizations aggregate utility bill processing and analysis, manage site-level utility services, and simplify budget and accruals development and justification. Whether across 12 branches or 12,000, Utility Expense & Data Management reduces your costs, improves your on-time payments, and manages your risk.Learn More
Demand charges can account for up to 50 percent percent of multi-branch bankers’ electricity costs . Facility Optimization solutions from Ecova leverage data from over 58,000 sites in ENERGY STAR Portfolio Manager each month. That data provides complete visibility into those costs, enabling our banking clients to make fact-based decisions about where and how to save.Learn More
Volatile energy markets, emerging energy sources, and a patchwork of offer availability makes buying the right energy products at the right time a daunting challenge for multi-branch banks. Ecova Energy Supply Management solutions leverage in-depth market-specific expertise, analytics and reporting to give banks confidence they’re buying the right energy products, at the right time and at the right rates.Learn More
National Bank of Arizona needed a way to understand its energy use, and it needed access to their data in order to drive strategic energy savings and performance improvement.View Case Study
This guide will share best practices and recommendations for the optimization of EMS performance and proven suggestions that extend its overall life and value to your organization.View Whitepaper