Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Energy Shop - a new scheme launched today

Energy Shop - a new scheme launched today aims to improve profitability in New Zealand’s retail sector – through lower energy costs.

The New Zealand Retailers Association has partnered with the Energy Efficiency and Conservation Authority (EECA) to improve energy efficiency and cut costs for retailers, nationwide.

“The Energy Shop scheme is a great opportunity for retailers to enhance their environmental credentials while reducing energy costs,” says Karen Chaney, EECA Commercial Programme Manager,

Under the scheme around 200 retailers will get EECA Business funding towards energy assessments and developing energy management plans. The programme will target 50 small, 100 medium and 50 large retail sites. Depending on the size of their energy spend, those sites that achieve a 10% energy saving will benefit by between $600 and $76,000 a year.

Karen Chaney says the NZRA is ideally placed to deliver the programme because it understands the commercial realities of all types of retail.

“Our retail sector has more than 33,000 outlets and is very diverse, ranging from the corner dairy to mega-malls. But regardless of size or merchandise, every retailer who improves energy efficiency will reduce overheads, making their business more resilient.

“The retail sector makes up a large part of our domestic economy and is a significant employer. By supporting the retail sector to be more productive through energy efficiency, this scheme also supports the wider economy,” says Karen Chaney.

She says although the target group was relatively small, results would be shared through benchmarking reports and case studies, to help guide other retailers. A key aspect of the programme is that it doesn’t just target in-store fittings and technology, but aims to educate retail management and staff about good energy use.

NZRA Chief Executive John Albertson says retailers are facing rising costs of rent, energy, transport and waste, which put pressure on businesses’ margins.

“The beauty of saving energy is that not only does it reduce costs and help business performance, but it also gives retailers the chance to demonstrate their environmental credentials.

Retail is an extremely diverse sector, so our approach will be tailored according to each company’s specific needs. We understand that retail is a demanding business and many managers are just too busy to look at energy use. This gives them the step-by-step assistance they need.”

ENERGY SHOP will be run as part of the NZRA’s existing ENVIRO SHOP® scheme. Around 70 retailers throughout New Zealand are already signed up for ENVIRO SHOP®, which also focuses on transport, waste and water. Retailers gain a sustainability accreditation after completing the programme.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Quotas: MPI Swoop On Suspected Fraudulent Fishing Activity

Ministry for Primary Industries (MPI) compliance officers swooped on a Hawkes Bay fishing enterprise today to secure evidence in an investigation into suspected fraudulent activity... “The investigation involves activity throughout the commercial supply chain – catching, landing, processing and exporting.” More>>

ALSO:

Scoop Business: Fonterra Slashes 2015 Milk Payout, Earnings Tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. More>>

ALSO:

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news