Macys will install solar power systems and significantly reduce energy consumption in 26 stores throughout California in partnership with SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency, commercially available solar cells, solar panels and solar systems. SunPowers subsidiary PowerLight will install PowerGuard® rooftop solar power systems under contracts totaling 8 megawatts on Macys stores.
“The move to solar shows Macys commitment to using cleaner technologies, and in doing so we will reduce energy demand,” says Macys, 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.”
PowerLight will also assist Macys in improving the energy efficiency of the 26 California stores. Combining solar power with efficiency will allow Macys to achieve an estimated 40% reduction in utility-provided energy, almost doubling the impact of the solar power alone. “By combining energy efficiency with solar power, Macys is taking the extra step to cut our peak load demand,” Cole said.
Energy efficiency upgrades will include high-efficiency lighting and HVAC systems and energy management systems. The solar systems, combined with the energy efficiency upgrades, are expected to offset 24 million kilowatt hours of energy consumption annually.
Macys carbon footprint is estimated to be reduced by more than 195 million pounds of carbon dioxide emissions over the lifetime of the systems. This is the equivalent of removing 1,144 cars from Californias highways each year.
For 15 of the 26 stores, Macys will purchase solar-generated electricity under the SunPower Access program, a solar services agreement that 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, Macys will have the option to renew the agreement, transfer the equipment to a new site, or buy the system. Macys will buy solar power systems for the remaining 11 stores through an outright system purchase.
“SunPower Access is an easy, affordable way for forward-thinking companies to benefit from the use of clean, renewable solar power,” says Chief Executive Officer of SunPower Tom Werner. “With this move to combine energy efficiency upgrades with a very significant commitment to solar power, Macys is wisely capturing the extra environmental benefits while also improving their financial returns.”