At a Glance
Financial Services and Insurance
Commercial Energy Efficiency, Engagement and Behavior Change
New York, NY
With JPMorgan Chase, Su Wang analyzed potential parking lot lighting upgrades and the energy use of the firm’s U.S. retail branch portfolio.
Wang identified 40 of the largest parking sites in the portfolio to solicit high level lighting audits from facility engineers. She combined survey results, procurement data, and information on energy incentives to make a business case for upgrading to light-emitting diode (LED) lights in 22 of the parking sites. Her recommendations, if implemented, could result in annual savings of more than $220,000 and over 1.3 million kilowatt hours of energy, as well as annual reductions of more than 900 metric tons of carbon dioxide emissions.
Wang’s analysis of portfolio-wide energy use also identified a list of energy intensive branches and could be used as a model to identify other energy intensive branches in the future.