Boston, MA 04/07/2014 (wallstreetpr) – Entergy Corporation (NYSE:ETR) is engaged in providing electric power. It operates power production plants and retail distribution. The company was last Thursday honored by the U.S. Environment Protection Agency (EPA). The recognition was for the efforts the company has put in place to achieve energy efficiency which in turn result in fighting climate change. The company was honored among other 126 organizations. The honor came through Entergy New Orleans.
Entergy Corporation (NYSE:ETR) has in place exemplary strategic and comprehensive management of energy usage which not only helps in reducing its greenhouse emission, but also boosts revenue. The innovative energy efficiency solutions ensure that the company enables its customers to save energy, allowing it to serve more customers and generate higher revenue. The company’s energy efficiency campaign also capture stakeholders and partners, which means that its broad-based approach leads to big cut in energy consumption.
Energy smart program
Entergy Corporation (NYSE:ETR) had a three year energy efficiency program in collaboration with the New Orleans City Council. The program, dubbed Energy Smart, closed just recently after running a successful and ambitious energy saving campaign. The $11 million program enabled homeowners and businesses to identify and acquire energy efficient water heaters, air condition units and other power appliances. The program also included providing energy-usage audits to businesses and homeowners. Cash incentives were given to customers making progress in their energy usage cuts.
The first phase of the program just closed and the success noted might usher in a second phase or replication of the same in other markets outside New Orleans. From the business standpoint, the campaign to help customers trim their energy consumption helps Entergy Corporation (NYSE:ETR) to serve bigger market and generate more revenue. Also, the company is able to win greenhouse emission credits.
Business on solid grounds
Entergy Corporation (NYSE:ETR) is a business staring at a bright future. The company’s energy capacity is expanding as its market share. The stable energy rates and ambitious efforts to trim costs and expenses are some reasons why the business seems to be on solid profitability grounds.
