OFFICE SPACE I COMMERCIAL REAL ESTATE
TPI EFFICIENCY + COMMERCIAL REAL ESTATE DEVELOPMENT ORGANIZATION
For over 30 years, this commercial real estate development corporation has been responsible for the successful development, leasing, and management of over $400 million of office buildings throughout the mid-Atlantic area.
Energy use is the single largest 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.
HOW TPI SOLVED THE PROBLEM
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 was quick to call 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 was able to achieve 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 the advancement of clean energy policy, markets, and technology.
TPI'S PROCESS WITH COMMERCIAL REAL ESTATE CLIENT
TPI's process changes based on individual customer needs but follows the general guidelines set forth below. The magic is in how TPI builds strategies to suit individual customer needs.
Our mission at TPI is to create an environment where #energyforgood is more than just a tagline.
We work with customers, large and small, to enhance their existing procurement strategies and take them to the next level.
Contact us today to start your own savings story.
THE TPI TAKEAWAY