UTILITIES MASTER PLANNING — NJ has an Energy Master Plan — Do You?
- No/Lo cost efficiency improvements
- Capital efficiency improvements
- Energy Master Plan capital improvements – efficiency, demand and grid stress relief
- Best operating practices & construction standards
- Real time energy management
- Energy procurement (budget and cost)
- Tenant electric revenue maximize
- Management - leadership – policy – success celebration
Efficiency and Sustainability
State regulatory and public entity EPA Benchmarking and ESG sustainability reporting/targeting. Requires establishing portfolio baseline, goal setting and implementing success metrics.
Project Plan: Establish achievable goals and doable time schedules. Implement tactics. Provide periodic management reporting and variance analysis. Address adverse variances and facilitate solutions. Identify key success factors and replicate throughout all assets.
Utility Expense Management
Electricity, Natural Gas, Steam, Oil, LPG, Water, Sewer:
Engineering & design — Licensed professional engineer (NJ and PA) with HVAC design credentials enable efficient facility energy audits to identify and implement HVAC operating and capital improvements.
Utility regulation management — Monitor New Jersey, Pennsylvania and New York legislative and regulatory policies that increase energy rates and intervene as applicable.
Budgeting & forecasting — Produce weather & occupancy adjusted budgets.
Strategic Energy Procurement
- Default utility service rates computed by account.
- Third Party (ESCo) proposals solicited by account.
- Transact only accounts demonstrating savings.
- Periodic savings metric reporting.
- Price risk bandwidth and supply terms established and negotiated per client requirements.
Tenant Electric Revenue Improvement
- Time-of-Use ("TOU") tenant billed rates can be 30% higher than average rates that landlords typically apply. Higher tenant utilities revenue lowers net building costs. Representative NJ commercial office revenue improvement typically 20-30%.
- Establish TOU facility monthly electricity rates.
- Guide billing agents in application of electricity rates to produce monthly tenant electric bills.
Operating Efficiency - Best Practices
5-10% consumption savings - no/lo cost.
- Energy density bench marking yields relative facility efficiency portfolio rankings to prioritize action.
- Energy use awareness - periodic usage diagnostics and walk-through audits - help motivate facility engineer's operating practices.
- Successes and challenges experienced throughout the portfolio are shared and analyzed with facility engineers and managers.
- Emerging technologies are evaluated and if beneficial advanced by collaboration with finance and operations groups as applicable.
Real Time Energy Management Implementation
Real time operation fitness - see real time energy use vs. historical and facility custom Goal Profile.
- Analytics develops best practices Goal Profile.
- Goal Profile captures historical Building Automation System, electricity, weather, and physical occupancy data.
- Benchmark to comparable top performing facilities.
- Consult with facility engineers for Goal Profile agreement.
- Goal Profile target with actual real-time energy use provides near instant operator awareness and opportunity for best practices action thus maximizing energy efficiency.
Energy Projects Development - Owners Representative
- Identify efficiency improvements and onsite generation.
- Quantify project economics.
- NJ Clean Energy incentive programs leveraged to maximize cash ROI.
- Comprehensive NJ Large Energy Users Program (NJLEUP) incentive management (applies to portfolios approximately 2 million SF and larger).
- Tax and Solar PV project incentives
- Engineer Procure Construct - professional services.
NJ LEUP Efficiency Improvements — Sample:
Capital: $4.0M | LEUP Incentive: $2.3M | Net capital: $1.7M | Savings/Year: $0.5M | Cash ROI: ~30%
Canopy Solar PV Generation Plant — Sample:
Capital: $27.5M | Tax credits & depreciation return ~60% of investment in 5 years | Plus 10 cents/kWh NJ state SREC-II incentive for 15 years | Yields ~5,800 tons/year CO₂ emission reductions (or ~1,100 vehicles removed)
Portfolio Technical Advisory
Support portfolio policy by providing engineering and design advice on many potential technology applications:
- Air ionization systems.
- Air ultraviolet light sanitation.
- Fuel cells.
- Utility metering systems (electric, BTU, water).
- Solar photo voltaic systems.
- Various HVAC technologies
- Lighting and control systems.
- Building automation systems.
- Variable Frequency Drive ("VFD") systems.
- Power conditioning systems.
- COVID-19 protocols.
- Other technologies as may arise.
Regulatory Compliance & Accreditation Support
- EPA Energy Star Benchmarking and Labeling — NJ Certified.
- LEED Certification support.
- Environmental Sustainability Governance ("ESG") metrics and reporting support.
- Local Law 97 compliance.
- Regulatory guidance.
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