Minneapolis - Best Buy plans to implement a new automated
energy-management system in all of its U.S. retail stores that is expected to
reduce the company's energy costs and carbon outputs by 15 percent within three
The chain will begin implementing the system in about 300
locations by Jan. 31, and expects to have it rolled out to all 1,105 flagship
stores by mid-2012.
Best Buy said the system will have no impact on jobs, and
will save the company about $1,500 per month per store on power, or some $71
million over six years. It currently spends about $10,000 a month per U.S.
store on energy.
Once the savings have been proven, the company will consider
extending the system to distribution centers, territory offices and retail
"Not only is energy management and efficiency a top priority
for Best Buy from an environmental standpoint, but it is the smart thing to do
for our business," said executive VP and chief administrative officer Tim
He added that the program will help the company meet its
overall goal of reducing carbon across its brands and operations by 20 percent
over the next eight years. Among other initiatives, Best Buy has also eliminated
4,700 tons of carbon emissions by replacing 264 full-size Geek Squad vans with
smaller utility vehicles that reduced the fleet's fuel consumption by about 4
Minneapolis - Best Buy plans to implement a new automated energy-management system in all of its U.S. retail stores that is expected to reduce the company's energy costs and carbon outputs by 15 percent within three years.