Office Depot
At a Glance
Industry
Retail and Apparel
Project Types
Clean and Renewable Energy, Commercial Energy Efficiency, Industrial Energy Efficiency
Year
2013
Location
Boca Raton, FL
Net Present Value:
$6,000,000
Annual kWh Savings:
32,000,000 kWh
Annual CO2 Reductions:
16,000 metric tons
Summary
Brendan Edgerton identified $6 million in energy savings within Office Depot's stores, supply chain and headquarters.
Goals
Office Depot enlisted EDF Climate Corps fellow Brendan Edgerton with the goal of reducing greenhouse gas emissions through energy efficiency and generation projects.
Solutions
Ranging across stores, supply chain and headquarters, the projects Edgerton identified that could contribute toward company savings included LED lighting, intelligent controls, high efficiency HVAC units, solar photovoltaic systems and fuel cells. Additionally, Edgerton outlined a cost-effective plan for Office Depot to achieve organization-wide net positive energy by 2030.
Potential Impact
By implementing Edgerton's projects, Office Depot could reduce annual electricity use by more than 32 million kilowatt hours, which is equivalent to a reduction of 16,000 metric tons of carbon emissions. These projects would have an average payback of three years, an average internal rate of return of more than 60 percent, an average return on investment of approximately 300 percent and a total net present value of more than $6 million (averages weighted).
Learn more about Brendan's feature on Showtime's Years of Living Dangerously