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Ampica + A Regional Bank 

Case Studies | Client Success Stories

The Challenge:

This banking client, a rapidly expanding Virginia bank—ranked by Forbes as one of the “Best Banks in America” in 2019—was seeking ways to mitigate energy costs and help fuel their growth.

With 42 banking offices spanning across the mid-Atlantic states, this bank is one of the largest banks headquartered in the Commonwealth of Virginia.

HOW AMPICA SOLVED THE PROBLEM

Ampica investigated the electricity contracts of 35 bank accounts, totaling over 5.5 million kWh.

After qualifying all accounts as eligible GS-1, GS-2, and GS-2T rate codes, Ampica fought to have each account removed from costly “brown energy” to 100% renewable, competitively-priced, green energy under the protection of a recent regulatory change in Virginia’s Division of Public Utility Regulations.

$ 0 Total Contract Savings
0 % Renewable Enregy
Business concept
concept energy connection

THE OUTCOME

By consolidating accounts and switching to 100% renewable energy, the bank was able to achieve a 19.1% annual savings of over $57,000, and a total contract savings of $115,650 with more accounts expected to qualify in the coming months.

Additionally, the bank is now on an exclusive list of Green Energy Certified businesses advocating for the advancement of clean energy policy, markets, and technology.

$ 0 Annual Savings

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Trusted Partners

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