In 2016, Macy’s ranked among the top 10 corporations nationwide for installed solar, according to Solar Energy Industries Association (SEIA). About 70% of the 102 solar power systems in the Macy’s and Bloomingdale’s renewable energy portfolio feature SunPower’s technology.
“As a leading national retailer with 140,000 dedicated associates, we have the opportunity to make a meaningful difference in improving the environment,” says Chuck Abt, senior vice president of operations for Macy’s Inc. “Working with SunPower, we have been able to maximize the value of unused roof areas at our stores and fulfillment centers across the country by deploying the company’s high-efficiency solar technology that creates more energy in less space.”
Nineteen of the 21 new systems feature the SunPower Helix Roof product, an integrated rooftop solar solution for commercial customers. In addition to solar systems, SunPower also provided Macy’s with battery storage systems at three stores in Southern California. The energy storage technology is expected to help those locations further manage energy costs by offsetting demand charges incurred by commercial customers.
“Macy’s continues to demonstrate extraordinary leadership in sustainability, and we’re honored to support the company’s efforts with SunPower’s dependable solar energy solutions,” says Nam Nguyen, SunPower senior vice president. “Pairing SunPower’s Helix Roof system with storage at some locations, we’re delivering more value to Macy’s through innovative solar that installs at record-breaking speed and delivers reliable energy at predictable, cost-competitive rates.”
Macy’s financed the majority of the SunPower solar systems on its stores through power purchase agreements, allowing it to buy power at competitive rates that act as a hedge against future utility rate increases with no upfront capital cost. Macy’s does not own the renewable energy credits associated with most of the SunPower solar energy systems installed on its facilities.
Photo courtesy of SunPower: A 2.25 MW SunPower solar system on the Macy’s and Bloomingdale’s Fulfillment Center in Joppa, Md.