Buffalo Grove, Ill., April 19, 2012 — Siemens Building Technologies Division announced today that Michaels Stores, an arts and crafts retailer, recently rolled out a series of Siemens advanced extensions to the Site Controls Energy Management System.
Since deploying the Siemens system in 2006, Michaels achieved reductions in energy consumption across its building fleet of more than 1,000 stores. The additional savings created by the new advanced-capability deployments are expected to bring total EMS-related savings to more than 30 percent.
The fleet-wide expansion was preceded by a thorough system analysis after a 30-site pilot and subsequent 200-site expansion. A comprehensive measurement and verification study following these deployments validated the savings delivered.
The extensions will provide Michaels a cash-on-cash payback of 20 months, and an ROI exceeding 90 percent. In addition, the investment will drive further reductions in Michaels' carbon footprint, the environmental equivalent of 5,600 cars from the road each year.