client success stories | CASE STUDY
THE CHALLANGE
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.
TPI Efficiency 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, TPI 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.
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.
A fast-growing international airport was looking to upgrade existing, dated fixtures to LED lighting without any capital investment.
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.
Our client was in the market to reduce operating costs for six indoor sports complex locations.
Our client is a museum exhibiting historic transportation equipment, located on the East Coast.
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.
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.
TPI provided a turnkey supplemental cooling system for a professional sports arena, ensuring NHL playoff games met strict ice quality standards and maintained comfort for fans and players during high heat and humidity. Read the complete case study for details on the innovative solution and results.