Best.Energy Tech Brings $5.5m Energy Savings to Nationwide Bank
Banco de Credito del Peru
Best.Energy systems have brought remarkable results to one of Peru’s top banks. With 27,000 employees, 350 branches and assets valued at $140 billion this is a substantial project, with the potential of stretching to over 8.5 million data points.
Projected savings for all Bank sites sit at over $5m for the project over its ten year period, with more solutions still yet to be factored in.
Already substantial, the potential of this project is massive - and Eniscope sits at its heart.
Why were Bank of Peru interested?
Previously, BCP (Banco de Credito del Peru) measured their energy use through their monthly energy bills. That restricted their view to just 12 instances per year, with no granular breakdown on which to base decisions.
They needed full visibility, to identify where they could save, and that’s exactly what the Eniscope system was able to deliver.
Projected savings sit at over $5m for the project over its ten year period
The Project
The first place that created savings was the air conditioning units; stemming both from operational problems with the system and in-built energy inefficiencies. Beginning with just 4 of the client’s 350 locations, the Best.Energy systems were able to bring $932.41 savings within just 10 weeks. The new Eniscope installations identified that the air con was active 24/7 for 52 days in a row, including 6,849 kWh of out-of-hours consumption.
Building on this initial success, the team began work on a larger section of the BCP portfolio - this time 30 locations. In their Bolivar location, for example, savings of up to 38.2% were achieved in the following months, focusing primarily on a combination of air conditioning unit operation and behaviour modifications.
Now, 300 locations are within the scope of the project, amounting to an average monthly expenditure of energy at $429,925 - or around $60,819,461 over the next 114 month period of the contract. With portfolio-wide savings predicted at an average of 9% based on performance so far, that’s a projected saving of $5.4m.
What Next?
Not content with the millions of dollars worth of savings already projected over the life of the project, the team is now pursuing ‘phase 2’ solutions to make an even bigger difference. Retrofit technologies like LED lighting, peak- saving batteries, intelligent thermostats and motor control technologies are all being considered to bring those substantial energy costs down further.
What’s the secret?
So how has a project of this scope been managed? The key is Eniscope. Providing minute resolution data, in real-time, means being able to consistently identify opportunities for ‘low-cost’ energy reduction strategies, by analysing use trends and events. Without that pinpoint data, this project wouldn’t be possible, and the ability to benchmark location-against-location has proven invaluable across such a large estate, as have our bespoke 'public displays’ which have engaged occupants across the locations to help educate and modify their behaviour.
