Standard of Excellence

Energy Star Awards

By Joel Nelson on May 16, 2019 in Energy, News

The U.S. Environmental Protection Agency’s designation of Yardi as a 2019 ENERGY STAR^® Award recipient in the service and product provider category was previously announced in this space. The award recognizes the company’s outstanding contributions to protecting the environment through superior energy efficiency achievements.

More than 180 organizations across a broad swath of industries joined Yardi in receiving ENERGY STAR awards in April. Some of their achievements that ENERGY STAR documented are summarized below.

• • • Along with saving more than 5.6 million kilowatt-hours from LED retrofit and solar programs, Chicago apartment community developer and manager AMLI Residential engaged its leasing staff to educate residents and prospective residents on the benefits of living in an ENERGY STAR-certified community.
    • Boston Properties incorporated cost recovery for ENERGY STAR certification, sub-metering of high-intensity tenant equipment and tenant energy disclosure through ENERGY STAR Portfolio Manager^® into its master lease form. The self-administered and self-managed real estate investment trust also achieved ENERGY STAR certification for 77 properties in 2018.
    • Bozzuto Management Company of Greenbelt, Md., pursued 100% benchmarking in ENERGY STAR Portfolio Manager for all managed assets and achieved energy reductions of more than 3% and 2% in site and source energy usage, respectively, across its portfolio in 2017, which equates to a calculated energy cost savings of more than $4 million. The manager of more than 255 multifamily communities also communicates sustainability and ENERGY STAR issues through its internal Bozzuto in the Know program.
    • CommonWealth Partners, a Los Angeles private real estate investment, development, management and operating company, developed an internal Battle of the Buildings Bootcamp competition that focused on empowering properties to reduce energy, water and waste over three months. The effort saved more than 12,000 megawatt-hours of energy, 16,000 kilogallons of water and more than 3,400 metric tons of carbon dioxide equivalent.
    • Fairfax (Va.) County Public Schools, which serves more than 190,000 students, has saved more than $23 million since 2014 through a comprehensive energy program. The 10^th largest school division in the U.S. also enacted student-conducted home energy audits, a Battle of the Buildings competition and extensive promotion of ENERGY STAR and energy efficiency through social media.
    • Hudson Pacific Properties, a vertically integrated real estate company in Los Angeles, implemented an engagement and recognition program that recognized properties that achieved the largest ENERGY STAR score improvement, hosted the best tenant engagement event and demonstrated the largest reductions in energy, water and waste usage.
    • Los Angeles-based Kilroy Realty Corporation received ENERGY STAR Charter Tenant recognition for one of its offices and promoted ENERGY STAR in an innovative TEDx talk. It also joined the BOMA W² challenge, an initiative built with the support of a grant from Yardi, across 84 buildings.
    • LBA Realty LLC achieved ENERGY STAR certification for 21 properties in 2018. The Irvine, Calif. office and industrial property manager and investor also increased its average ENERGY STAR score portfolio-wide from 78 to 81 and reduced its average weather-normalized source energy use intensity by over 5% from 2017-18.
    • Memorial Hermann Health System of Houston saved more than 14 million kilowatt hours by retrofitting light fixtures. It also became the first healthcare system in Texas to utilize new ventilation rate standards that reduce energy use while still meeting air change rates set by the department of health.
    • Principal Real Estate Investors LLC of Des Moines, Iowa, achieved more than 3% reduction in average weather-normalized source energy use intensity from 2017-18. The company has achieved more than $52 million in cumulative avoided energy costs and more than $137 million in potential increased asset value since 2008.
    • Defense, civil government and cybersecurity solutions provider Raytheon Company designed and built an energy-efficient onsite data center that can be replicated at other sites, earning a top project award from its manufacturing peers. The Waltham, Mass.-based company also completed onsite battery storage projects at two facilities that help offset power consumption from the grid during peak periods.
    • SL Green Realty Corp., a New York City real estate investment trust that manages commercial properties, expanded its tenant amenity program, Living Green, to reach 96 companies and 516 tenants. This increased ENERGY STAR awareness and access to energy management resources such as a free energy audit.
    • The Kroger Co. has achieved ENERGY STAR certification for 818 properties since 2011 and installed more than 5 million LED lamps that saved more than 179.5 million kilowatt hours. The Cincinnati-based food retailer also helped the EPA develop energy efficiency standards for bakeries and dairy processing plants.
    • USAA Real Estate invested more than $1.4 million in capital and operations projects in 2018, producing 3.1 million kilowatt hours of energy savings and a 30% return on investment for the San Antonio-based investor and asset manager.

     

    Read how SL Green and LBA Realty have leveraged Yardi Energy solutions. Learn about Kilroy Realty Corporation’s experience with BOMA W² and other benchmarking efforts.