Macy`s Goes Solar in 26 California Stores
SAN FRANCISCO, California (ENS) - Macy's plans to install solar power systems and reduce energy consumption in 26 stores throughout California in partnership with SunPower Corporation, a Silicon Valley manufacturer of solar power equipment, the retailer announced Tuesday.
SunPower's subsidiary PowerLight will install rooftop solar power systems on the selected Macy's stores.
'The move to solar shows Macy's commitment to using cleaner technologies, and in doing so we will reduce energy demand,' says Macy's, Inc. Vice Chair Tom Cole. 'We are proud to join the fight against greenhouse gas emissions in California because we believe a successful business is dependent on a healthy environment.'
Combining solar power with efficiency will allow Macy's to achieve an estimated 40 percent reduction in electricity that the stores draw from the grid.
'By combining energy efficiency with solar power, Macy's is taking the extra step to cut our peak load demand,' Cole said.
Energy efficiency upgrades will include high-efficiency lighting, upgrades to heating, ventilating, and air conditioning systems, as well as energy management systems.
The solar systems, combined with the energy efficiency upgrades, are expected to offset 24 million kilowatt hours of energy consumption annually.
Macy's estimates that its carbon footprint will be reduced by more than 195 million pounds of carbon dioxide emissions over the lifetime of the systems.
For 15 of the 26 stores, Macy's will purchase solar-generated electricity under the SunPower AccessT program. This solar services agreement allows the retailer to purchase just the electricity generated at its stores - not the solar power systems themselves - from a third-party financier.
At the end of a 10 year term, Macy's will have the option to renew the agreement, transfer the equipment to a new site, or buy the system.
Macy's will buy solar power systems for the remaining 11 stores through an outright system purchase.
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