Duke Acquires Majority Stake in PhoenixET

Duke Acquires Majority Stake in PhoenixET

Duke Energy has acquired a majority share of Irvine, California-based Phoenix Energy Technologies (PhoenixET), a provider of energy management systems and services for commercial customers. According to Duke, the acquisition will help the company expand its offerings to its commercial customers. PhoenixET’s software is capable … Read more…

Energy Management Saves Office Depot 2.2M Annually

Energy Management Saves Office Depot 2.2M Annually

Irvine, Calif.-based Phoenix Energy Technologies released a case study that shows results of energy saving upgrades at Office Depot. The office supply chain has realized average annual energy savings of $2.2 million, coming from 20,572,352 fewer kWh used. The return on investment was 61 percent, and … Read more…

No Single Energy Management System Meets All Needs, Study Finds

No Single Energy Management System Meets All Needs, Study Finds

Groom Energy Solutions released a report, which finds that no single system, despite vendor claims, will meet all energy management needs at corporate and site levels. Multiple factors are driving the need for companies to better manage their purchase and use of energy in their … Read more…

Energy Executives: Phoenix Energy, NREL, DTE Energy, Orion Energy, NW Energy Coalition

Energy Executives: Phoenix Energy, NREL, DTE Energy, Orion Energy, NW Energy Coalition

Phoenix Energy Technologies, a provider of enterprise energy management software, hired Kristin Rock (pictured) as the director of professional services. Rock, who had been the corporate energy manager for Petco Animal Supplies, will be leading Phoenix Energy Technologies’ EMS services and proactive analytics team. At Petco … Read more…

Office Depot Saves $5.3m with Phoenix Energy Technologies

Office Depot Saves $5.3m with Phoenix Energy Technologies

Office Depot has achieved $5.3 million in energy savings over two and a half years — an average annual savings of $2.2 million —  with Phoenix Energy Technologies energy management software and services, according to the companies.

The national retailer has also seen an average annual reduction of about 20,572 MWh, a 61 percent return on investment and a 12-month payback period, the companies say.

Read more…

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