client success stories | CASE STUDY
THE CHALLANGE
Energy use is the single most significant operating expense in commercial office buildings, representing approximately one-third of typical operating budgets (energystar.gov).
The commercial real estate development organization saw an opportunity to capitalize on recent regulatory changes to reduce expenses and increase asset value on a 100% green energy platform.
For over 30 years, this commercial real estate development corporation has been responsible for successfully developing, leasing, and managing over $400 million of office buildings throughout the mid-Atlantic area.
When regulatory changes in the Commonwealth of Virginia briefly allowed select consumers to choose competitive supply at a lower cost, this commercial real estate development organization quickly called TPI Efficiency to help lower their current bills.
TPI reviewed their near-one million square feet of commercial properties, eight locations, and 11 meters to consolidate 3,341,444 kWh of usage and increase buying power. TPI then fought to qualify each location for enrollment in Virginia’s green energy allowance and found competitive pricing from Tier-1 energy suppliers with the capacity to reliably produce 100% green electricity via wind and solar farms.
By consolidating accounts and switching to 100% renewable energy supply, this commercial real estate development organization achieved a 7.2% annual savings of nearly $17,000 and a total contract savings of $83,245. Additionally, they are now on an exclusive list of Green Energy Certified businesses advocating for improving clean energy policy, markets, and technology.
A fast-growing international airport was looking to upgrade existing, dated fixtures to LED lighting without any capital investment.
A church, built in 1885, was looking to update its lighting – both interior and exterior – to reduce its energy costs and to keep its outdoor spaces well illuminated.
Our client was in the market to reduce operating costs for six indoor sports complex locations.
A large manufacturer in the building industry, is dedicated to converting the building products industry from its uninspiring past to a dynamic and sustainable future.
For over 30 years, this commercial real estate development corporation has been responsible for successfully developing, leasing, and managing over $400 million of office buildings throughout the mid-Atlantic area.
An upscale hotel along the waterfront wanted to update its 24/7 back-of-house lighting to reduce energy and increase light levels.
Strategizing energy purchases in today’s market can be an enigma. With prices swinging due to supply, weather, and global politics, timing is everything. Here's three real-world examples of how we've helped businesses manage their energy spend.
