Ecova to Provide Utility Expense and Data Management Services to Five Below

Ecova to Provide Utility Expense and Data Management Services to Five Below

SPOKANE, Wash.--(BUSINESS WIRE)-- Ecova, a total energy and sustainability management company, has been selected by Philadelphia-based Five Below to provide utility expense and data management services. Ecova will assist the retailer in monitoring, understanding and reducing energy use at approximately 250 locations. Five Below is a rapidly growing specialty value retailer offering a broad range of trend-right, high-quality merchandise targeted at the teen and pre-teen customer.

Five Below has implemented Ecova's utility expense and data management solution with a focus on cost and energy savings. Ecova will leverage its Big Data Warehouse, which contains over 2.5 billion points of energy data from more than 700,000 facilities, to help the retailer gain a better understanding of its energy consumption and spending to improve performance.


"Data is a critical piece of energy management. Our utility expense and data management solution is the foundation of energy data collection and the first step toward creating a long-term strategic energy management program," said Jeff Heggedahl, CEO of Ecova. "We are delighted to add Five Below to our growing list of clients who recognize the value of big data in driving energy and cost savings."

Ecova gathers usage and expenditure data to deliver insights that allow clients to increase operational efficiency, reduce costs, and set sustainability performance standards. Working with more than 700 commercial public and private sector clients in North America, Ecova helps clients see more opportunities, save more money and resources, and ultimately sustain more for their company and the environment.

About Ecova

Ecova is the total energy and sustainability management company whose sole purpose is to see more, save more, and sustain more for its clients. Using insights based on consumption, cost and carbon footprint data spanning thousands of utilities, hundreds of thousands of business sites and millions of households, Ecova provides fully managed, technology-optimized solutions for saving resources, which in turn increase returns, lower risks, and enhance reputations. Ecova is the largest non-regulated subsidiary of Avista Corp (NYS: AVA) . www.avistacorp.com. For more information, visit the company's website at ecova.com, on LinkedIn at http://linkd.in/EcovaInc, or follow Ecova on Twitter at @ecovainc.



Ecova
Wendy Carhart, 971-201-4246
wcarhart@ecova.com

KEYWORDS:   United States  North America  Pennsylvania  Washington

INDUSTRY KEYWORDS:

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