Rite Aid selects Ecova for energy management services

Spokane, Wash. -- Ecova, a total energy and sustainability management company, has been selected by Rite Aid to provide utility expense and energy management services. Ecova will assist Rite Aid in monitoring, understanding and reducing energy use at approximately 4,700 Rite Aid pharmacies nationwide.

Rite Aid has implemented Ecova’s integrated energy management solution with a focus on cost savings and expense management in its facilities. Ecova’s utility expense management service will help Rite Aid to better understand its energy consumption and spending using aggregated billing information that provides actionable insights across Rite Aid pharmacies. Ecova will leverage the data-driven insights to help Rite Aid reduce energy use and cost, and build a foundation for driving additional improvements.

“The first step in better energy management is having a solid, tested and reliable data set about the amount and types of energy being used across our stores,” said Paige Miller, senior manager, energy and environment at Rite Aid. “Ecova brings a depth and breadth of experience, unique client focus and integrity to their work. Together, we’ll be able to improve our cost savings and environmental footprint company-wide.”

Ecova supplies Rite Aid with rate monitoring and optimization to ensure that the company is paying the lowest cost available across hundreds of utility territories. Using actual site energy consumption data and proprietary utility tariff models, Ecova evaluates and recommends optimum energy rate options as well as energy-related tax alternatives. Ecova provides data to Rite Aid through unique and customizable dashboard reporting.