Energy Management Solutions for Retail Banking
Most retail banks face the same challenge: how to continuously improve efficiency ratios while dealing with a volatile interest rate environment, changes in industry regulations, plummeting customer satisfaction rates and increased competition. The turbulent financial marketplace has forced banks to adopt long term growth strategies that reflect not only fiscal growth, but also improvements on customer loyalty and satisfaction, as well as brand image.
Cutting energy expenditure and improving energy management procedures is one of the safest and easiest ways to increase profitability. Market figures shows that local branches can cut their energy cost by 10-50% depending on the level of investment and infrastructure changes applied. By reducing energy costs and providing streamlined and eco-friendly facility management, banks are also able to promote green initiatives and provide a comfortable environment for customers and staff, while preserving cash needed to maintain and improve efficiency ratios.
ePlanet delivers a powerful enterprise solution to multi-site retail banks, helping them strategically align people, processes, and technology with financial, operational, and environmental objectives. Our demand side energy management solutions help global and domestic retail banks address the multisite energy management challenges of virtually any size financial institution.
Delivering granular visibility in real-time into energy usage and delivering a quick ROI, Utilizing the Panoramic Power’s demand side service solution ePlanet ensures effective energy management and cost savings. Our solution includes non-intrusive wireless and self-powered sensors on a circuit level, coupled with cloud-based analytics that provide real-time data and actionable insight to significantly save time, reduce energy costs and mitigate risks. Offering a holistic approach, customers can select to apply the solution for energy efficiency, operational efficiency, Demand Response or other demand-side energy services.
Key Benefits of Panoramic Power’s Demand Side Energy Management Solutions for Banking Retail