Building Performance Improvement Pilot with 1000 Broadway and Energy Trust of Oregon
In 2014 we kicked-off a three-year engagement with 1000 Broadway in downtown Portland. This effort includes a combination of capital improvements, retrocommissioning, and continuous commissioning to improve building performance. Through the course of our engagement, we measured and verified real world energy savings at the building meter.
We believe strongly in retrocommissioning and in putting our money where our mouth is. We funded 100% of the cost of this effort and recouped this investment through savings-based payments from 1000 Broadway and Energy Trust of Oregon. Our fee was less than the cost of energy, leaving 1000 Broadway cash flow positive from day one.
Our 3-year contract has now concluded, meaning that 1000 Broadway now owns 100% of the energy savings. More information can be found here.