Shorenstein Properties
At a Glance
Industry
Real Estate
Project Types
Commercial Energy Efficiency, Data Analysis, Sustainability and Energy Management Strategy
Year
2015
Location
Los Angeles, CA
Annual kWh Savings:
1,600,000 kWh
Annual CO2 Reductions:
800 metric tons
Summary
Trevor Anderson uncovered financial and energy savings at a recently acquired office tower and used the building as a test site for portfolio-wide energy and sustainability standards and protocol enhancements.
Goals
Stationed onsite at Shorenstein's 707 Wilshire property in Los Angeles, Trevor Anderson was tasked with analyzing sustainability and energy-efficiency measures that would improve the energy performance and reduce the utility costs of the individual property, while also meeting Shorenstein’s portfolio-wide goals and initiatives.
Solutions
Working alongside the property’s Chief Engineer, Anderson’s major recommendations included replacing the existing fluorescent tubes with LEDs and retrofitting one chiller to a 50 percent more efficient, and low-load chiller. Rebate applications and company engineering review forms were completed to facilitate implementation, and all projects have been budgeted for 2015 and 2016. Using the efficiency measures at 707 Wilshire for examples, he created an in-house Measurement and Verification (M&V) tool to assist Shorenstein engineers with quantifying and confirming savings for energy-efficiency projects at their respective properties. Anderson also pilot tested the LEED Dynamic Plaque at 707 Wilshire, and provided recommendations regarding the applicability of Dynamic Plaque for maintaining the building’s LEED certification.
Potential Impact
Anderson’s lighting and chiller upgrades could save the property roughly $180,000 in electricity costs, 1.6 million kilowatt hours in energy savings and 800 metric tons of carbon dioxide equivalent emissions each year, with a conservative payback period of 2.6 years. The switch from fluorescent to LED tubes alone could reduce the property’s energy consumption and carbon footprint by nearly five percent. Similar lighting upgrades are transferable across Shorenstein’s entire portfolio that if carried out, could save the company over 17.3 million kilowatt hours in annual energy use, $1.9 million in avoided annual energy costs and 8,000 metric tons of annual carbon dioxide equivalent emissions.