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Extra Space Storage Inc

Common Name
Extra Space Storage
Country
United States
Sector
Real Estate
Industry
REIT - Industrial
Employees
8,012
Ticker
EXR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Extra Space Storage Inc. is a real estate investment trust (REIT) that focuses on the acquisition, development, management, and rental of self-storage properties. As a leading player in the self-stora...

Extra Space Storage's Energy Data Preview

In 2023, Extra Space Storage disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Extra Space Storage also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Extra Space Storage also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Extra Space Storage also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Extra Space Storage's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Limited Data Preview
You are viewing a limited preview of Extra Space Storage’s Energy dataset. The full dataset, available for download, includes reported energy consumption and production by energy type (e.g., electricity, heat, fuels), energy source, and renewability, with historical coverage back to 2019.
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Verified Sources Behind Extra Space Storage’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Extra Space Storage’s data sources below and access millions more through our Disclosure Search.

a. Extra Space Storage's Sustainability Report 2023
a. Extra Space Storage's Sustainability Report 2023

Insights into Extra Space Storage's Energy Renewability

In 2023, Extra Space Storage consumed a total of 2.1 million Gigajoules of energy across its operations. Of this total, 7.9% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 92.1% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Extra Space Storage's Energy Renewability Rate

8%

How much of Extra Space Storage's energy consumed is renewable?

In 2023, Extra Space Storage consumed a total of 2.1 million Gigajoules of energy, of which 7.9% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Extra Space Storage has considerable room to improve its energy sustainability strategy.

Are Extra Space Storage's energy practices becoming more sustainable?

Since 2019, Extra Space Storage's total energy consumption increased by 66.96%, including a 48.64% increase in 2023, reflecting a sustained rise in overall energy demand.a

Over the same period, the share of renewable energy increased by 9.72%, but declined by 28.83% in 2023, suggesting recent volatility or sourcing constraints.a

Overall, Extra Space Storage’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Extra Space Storage's Renewable vs Non-renewable Energy Over Time

2.13 M626.58 k2.13 MGigajoules (GJ)2023202220212020201992%89%89%91%93%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Extra Space Storage's Energy Consumption & Production Mix

In 2023, Extra Space Storage disclosed detailed information on both the sources and generation technologies of its consumed and produced energyThis disclosure enables a clearer assessment of the Extra Space Storage's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.a

Extra Space Storage's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(92.8%)Solar Energy(7.2%)

What are the main sources and generation technologies behind Extra Space Storage's energy consumption?

In 2023, Extra Space Storage's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (92.8%)
  • Solar Energy (7.2%)

How diverse is Extra Space Storage’s energy consumption mix?

In 2023, Extra Space Storage consumed energy from 2 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 92.8% of total consumption.a

What are the main sources or generation technologies used by Extra Space Storage to produce energy?

In 2023, Extra Space Storage's energy production came primarily from a

  • Solar Energy (100%)

How diverse is Extra Space Storage’s energy production mix?

In 2023, Extra Space Storage produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.a

Extra Space Storage's Energy Produced by Sources and Technologies

Solar Energy(100.0%)

Insights into Extra Space Storage's Energy Inflows & Self-Sufficiency

In 2023, Extra Space Storage reported total energy inflows of 2.1 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 1.93 million Gigajoules purchased from external suppliers and 165,827.4 Gigajoules generated through internal production. This corresponds to a production share of 7.9%,reflecting a 320% percentage point decrease from the previous year (2022)and a 70% percentage point increase since 2019. a

While Extra Space Storage's production share has held steady over the longer term, the recent decline may signal the start of a shift toward greater dependence on external energy sources. Whether this is a strategic choice or a short-term fluctuation remains to be seen.

Extra Space Storage's Energy Purchased vs Produced Over Time

202320222021202020190550 k1.1 M1.65 M2.2 MGigajoules (GJ)8%11%11%9%7%92%89%89%91%93%
  • Total Energy Produced
  • Total Energy Purchased
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