Enabling sustainability for our customers through innovative energy solutions
Around 90% of our carbon emissions come from our customers (scope 3 emissions), so the biggest thing we can do to fight climate change is to help our customers use energy more sustainably.
We can do this through our suite of innovative technologies that provide a wide range of energy efficiency services, enable on-site renewable energy generation through solar and storage and EV charging infrastructure, and facilitate participation in energy load management programs like Demand Response in combination with our energy insights solutions.
Our future energy system will be fully decarbonized, digitalized, decentralized and distributed. As part of President Biden’s ambitious carbon reduction targets, we are likely to see expansion of EV adoption and greater electrification of transportation infrastructure to support the growing number of EVs on the road, continued growth in the solar market with greater pairing rates of solar with battery storage, boosting existing building efficiency and including efficiency measures in new construction, and maximizing flexibility in energy markets to help balance supply and demand – especially with the continued growth of renewables integrating with the grid.
Having a clear, defined strategy to reduce carbon emissions while balancing profitability can help organizations anticipate and prepare for this transformation of the nation’s energy infrastructure and corresponding decarbonization policies to drive action against climate change. Interestingly though, our Distributed Energy Future Trends report found that two-thirds of companies believe it won’t be government intervention that will be the main agent of sustainable change – it will be market demand. An increasing number of employees, consumers, investors and governments are placing greater emphasis on environmental responsibility when making decisions. Our research also revealed that 89% of businesses agree that demonstrating a low carbon footprint will be essential for their brand by 2025, and as such, they want to accelerate their net zero plans and need to ensure that their financial goals tie in with sustainability.
Here are a few ways that our technology can put organizations on the path to sustainability and lower carbon emissions to align to new targets:
Lower electricity costs and carbon emissions with energy efficiency services
The average commercial building wastes 30% of the energy it consumes – year-after-year. Energy efficiency upgrades can eliminate this waste while reducing energy costs, increasing equipment life and performance, and improving employee comfort, safety and productivity. We take the burden out of developing and managing enterprise-wide energy efficiency upgrades by handling energy assessments, project design, implementation, ongoing measurement, and verification. We also provide off-balance sheet financing solutions like Energy-as-a-Service (EaaS), which enables implementation of energy efficiency upgrades with no upfront capital expenditure.
On-site renewable energy generation to reduce costs and emissions
By investing in solar PV installations, organizations can transform roof space, land space, or parking lots into sources of on-site generation that can power their site with 100% renewable energy – improving both financial and environmental performance. Generating clean energy on-site instead of drawing energy from the grid enables cost reduction and carbon reduction. It also has the added benefits of enabling organizations to generate revenue by selling excess power back to the grid, reduce energy costs during peak price times by combining solar with battery energy storage, and earn revenue from supporting the grid through Demand Response programs. Download our guide to determine if you have a good site for solar PV and battery storage.
Energy load management to support grid stability and earn revenue
Organizations can help balance the grid through digitalized energy management solutions, such as Demand Response, by increasing or decreasing energy use at a time of grid instability or peak energy use. Organizations are financially compensated in return, creating a new source of revenue. In addition, organizations can install onsite generation or battery storage assets to increase the range of flexibility it can provide to the grid – enhancing the monetization value that can be achieved. This will become increasingly important as we move toward a higher renewables grid system, where intermittent energy sources can make it more challenging to balance supply and demand.
Driving operational performance through energy intelligence
By monitoring and measuring energy consumption, organizations can improve operational performance and reduce costs and carbon. By monitoring equipment with low-cost, wireless sensors, businesses can quickly gain deep and insightful energy analytics. This can help to pinpoint where energy waste is occurring. It can also help to spot costly potential equipment failures before they happen – proactively identifying equipment that isn’t performing properly has the added benefit of enabling companies to make more informed procurement decisions to invest and measure the ROI of newer, more efficient equipment.
Driving emissions out of fleets
With electrification of transportation a key priority for the Biden administration, organizations who are in the early stages of their EV transition will need to quickly understand what their future EV fleet needs to look like, and the steps that are required to get there. After all, transitioning to EV doesn’t just mean changing the type of vehicles procured. It also means a change in how – and where – those vehicles are refueled. Our integrated package of charging infrastructure, on-site energy and software solutions deliver an end-to-end solution that helps organizations make the transition faster, simpler and more cost effective.
Let us partner with you to help you become a more sustainable business
Together, we can drive impactful change that will align to nationwide and global goals while ensuring profitability. Choosing and implementing the right energy technologies that will drive sustainability might seem overwhelming. At Centrica Business Solutions, we offer not only a wide range of energy services and distributed energy technologies, but also the power of our expertise to guide you through. We'll work with you to understand your goals and determine the best energy solutions for your organization. Our unique combination of strategic guidance, industry expertise, innovative technology, flexible funding and full lifecycle support ensure you make the most of new opportunities.