DALLAS - More than 440 Stripes convenience stores throughout Texas are becoming more energy efficient and stand to collect up to $175,000 in rebates under the TXU Energy Efficiency Rebate Program.
The 29-month contract represents an annual load of 155,000 MWh €" enough to power 8,600 homes €" at more than 440 Stripes stores primarily located in West and South Texas. Under the rebate program, many of the stores will upgrade their HVAC controls, retrofit fluorescent lighting fixtures, and implement LED lighting technology inside freezers and under exterior canopies.
"The rebate program not only provides strong incentives for our convenience stores to be more energy efficient, but it also helps us do our part to make a positive impact on the environment," said Mary Sullivan, CFO for Stripes. "We look forward to seeing how this program and our efforts to switch out lighting in our stores and upgrading to more energy efficient air conditioners throughout West and South Texas impacts the bottom line."
Under the Energy Efficiency Rebate Program, Stripes has received rebates for retrofitting T12 fluorescent fixtures with more efficient T8s and replacing less efficient lighting fixtures with LED canopy fixtures, and installing TXU Energy exclusive Internet accessible iThermostats in a few test stores.
Stripes LLC, the retail arm of Susser Holdings Corporations, operates more than 520 retail convenience stores in Texas, Oklahoma and New Mexico.