First aggregated report on California sustainability savings with over 250 companies who participated averaging $316,000 in cost savings

SAN FRANCISCO, Calif. – August 25, 2015 — REV, a social venture company that provides sustainability education and practices to businesses, organizations, communities and institutions, announced today the release of their aggregated report on environmental impact and savings on over hundreds of companies who participated in REV’s Sustainability Circles since 2011. The combined total cost savings in several key areas averaged over $316,000 annually for each organization after improvements were identified and made. Most pressing to the state of California, and that were particularly impressive, were the water savings averaging 2.1 million gallons saved per organization per year.

The companies that participated in the REV Sustainability Circles varied in size and sector, from Fortune 1000 companies to school districts and small companies and that initiated with the intention to improve their environmental impact as well as their bottom line. Savings were made across the board, from lighting to recycling, to water, energy usage and greenhouse gas emissions.

Typical participant benefits included:

  • $316,133 projected average saved per year
  • 1,495,618 kWh saved per year,
  • 2,141,844 gallons saved per year,
  • 4,509 therms saved per year,
  • 1,059 tons of CO2 saved per year per organization.

“We are thrilled with the environmental impact and financial results that these companies have experienced,” said Elliot Hoffman, CEO of REV. “Since the utility and energy sectors throughout the United States are in an early stage of a transformation, it is highly likely that the current utility model will transition to a far more energy efficient paradigm. There will be major shifts in mindset and behavior around the use of energy and other resources, and REV is excited to be deeply engaged in this transformation.”

Those who participated in the program did so with a considerable discount. All four of California’s Investor-Owned Utilities (IOUs), along with California’s second largest municipally owned utility, has agreements with REV to cover up to 75% of the Sustainability Circle fees. These utilities include:

  • Pacific Gas and Electric (PG&E)
  • San Diego Gas and Electric (SDG&E)
  • Southern California Edison
  • Southern California Gas
  • Sacramento Municipal Utility District (SMUD)

These partnerships are particularly timely with passing of California Assembly Bill 758, providing a 10-­‐‑year roadmap to activate market forces and transform California’s existing residential, commercial, and public buildings into high performing and energy efficient buildings. Also, more and more companies are interested in reducing their environmental footprint and incorporating sustainability in their business models – both to benefit their financial well being and also to provide a better world for current and future generations.

More information regarding average cost savings and benefits to companies and organizations are available on www.revsustainabilitycircles.com