Content related to ‘energy-management’
When it comes to energy management, a holistic view and concerted effort help create a framework to achieve measurable results.
Colorado’s New Energy Improvement District has launched a statewide commercial Property Assessed Clean Energy (C-PACE) program – providing commercial property owners a unique mechanism to finance energy efficiency, renewable energy, and water-conservation improvements. The C-PACE program offers commercial property owners the opportunity to spread energy and water project costs over a term of up to 20 years, and repay them through an assessment on their property tax bill, with no upfront capital outlay. “Commercial buildings currently account for about 20% of Colorado’s energy use. Colorado’s commercial PACE program offers a financial tool to help spur energy efficiency and renewable energy investments in our state’s building infrastructure, providing long-term utility savings, while stimulating the economy,” said Paul Scharfenberger, chairman of the New Energy Improvement District board. The program provides financing for a variety of improvements, including new heating or cooling systems, lighting, water pumps, insulation, solar panels and other renewable energy projects. Typical long term C-PACE financing covers 100% of a project’s cost and is repaid, for up to 20 years, in semi-annual payments that are structured as a regular line item on the property tax bill. When a property is sold the PACE assessment stays with the property and transfers to the new owner who, in turn, enjoys the ongoing utility cost-savings associated with the project. Sustainable Real Estate Solutions (SRS) was competitively selected as the Colorado C-PACE administrator and will oversee an open, competitive lending model that makes it possible for a wide variety of capital providers to participate. All projects will be financed entirely with private funds, allowing local lenders, national banks, and PACE capital providers an opportunity to finance projects. “C-PACE provides commercial and industrial building owners with an attractive way to finance capital intensive building modernization projects. The resulting energy savings typically outweigh the annual assessment payment thereby enabling cash flow positive projects,” said Brian J. McCarter, CEO of SRS, administrator for the Colorado C-PACE program. Eligible properties include office buildings, hotels, retail, agricultural, non-profits, industrial buildings and multi-family properties – with five or more units. Projects must be located in counties that have opted to participate in the program. Boulder County has opted-in, and several other counties around the state already have indicated that they plan to participate. For more information, visit the Colorado C-PACE website. Related articles across the web Other posts by Real Street Tech
A provider of commercial real estate (CRE) energy management solutions, MACH Energy is focused on demonstrating that efficiency upgrades for buildings do not have to be costly, invasive, or time-intensive. For property owners and managers, MACH’s cloud-based energy management software platform can provide actionable multi-utility analytics, increase ENERGY STAR scores, and ease daily tasks such as budget reporting and tenant billing. These features, states the firm, are allowing MACH to dismantle the misconception that green buildings have to be designed from the ground-up for optimized energy use. Regardless of age, size, or occupancy, all commercial buildings can use electricity, water, gas, heat, and steam more efficiently and cost-effectively. MACH’s interface pinpoints and leverages the data that makes this possible: analytic Insights, or energy-use metrics and benchmarking, are processed into practical initiatives, or actionable changes that can be applied to a building’s hour-by-hour, or minute-by-minute, functionality. The Challenge: Reduce Energy and GHG while Improving ENERGY STAR scores Based in Washington DC, Carr Services provides property operations services to Carr Properties-owned and third-party owned commercial real estate investment companies. Carr was looking for a portfolio-wide energy management platform that could be used to drive operational changes, reduce energy use and expense, improve ENERGY STAR scores, reduce greenhouse gas emissions, and raise awareness about energy conservation across the portfolio. Building Profile: Floyd D. Akers Building, 1255 23rd Street NW, Washington, DCLocation: West EndYear Built: 1983Year Renovated: 2009Number of Floors: 8Building Size: 337, 983 SFAverage Floor: 40,000 SFElevators: 7Energy Star Score (2008): 78Energy Star Score (2015): 88LEED Certification: GoldHVAC: Central plant chillers and air handler with mix of pneumatic and DDC controlled VAV boxes, with resistance heat in the perimeter DDC VAV boxes MACH’s Approach To Energy And Operational SavingsUsing energy and weather analytics that have been developed and proven over the last decade in millions of square feet of commercial office space, MACH Energy’s CRETech software identified specific issues that needed to be addressed in order to reduce electric usage. An automated analysis and trending tool, the company’s Insights platform identified operating days that demonstrated unusual energy usage from weather adjusted norms. Industry and regional baselines were then used to identify improvement opportunities such as early startup, late shutdown, and cyclic and “spike” oriented equipment operations. Deeper analysis and expert help were also administered from MACH’s Client Services Group to review automated recommendations, to explore strategy alternatives, and to develop specific plans to improve operations. This attentiveness to catching operational “stray” that leads to energy waste is a key ingredient to high-performing buildings. Using data provided by MACH Energy,… …Read More…
There is great potential for facilities to reduce energy costs through frequency regulation, regardless of the demand response market.
A recent public review of the Facility Smart Grid Information Model (FSGIM), is bringing homes, offices, factories, and other buildings significantly closer to becoming full partners in supporting and managing the electric grid.
Facility managers can reap maximum R.O.I. on their energy systems by taking simple preventive maintenance measures this fall.
Cast your vote in this week’s poll about accessing energy consumption information.
Conducted by MACH Energy, a survey on energy management systems provides insight into adoption rates and most valued features.
With the Environmental Defense Fund (EDF) Fellows Program, facility leaders execute operational improvements as part of Retrofit Chicago.
Ten qualified commercial buildings, with an average daily summer peak load over 500 kW, will be chosen to participate in this demand side management initiative.