For over a decade, HR&A has worked closely with NYSERDA to design and manage some of the State’s most effective energy efficiency programs.
Reducing energy consumption in commercial buildings is vital to achieving New York State’s energy efficiency goals. The nearly 600 million square feet of commercial office space in the State is responsible for 25 percent of its energy use and emissions. Since 1999, HR&A has worked closely with the New York State Energy Research and Development Authority (NYSERDA) to design and manage some of the State’s most effective energy efficiency programs. Currently, HR&A is managing NYSERDA’s Commercial Real Estate Outreach (CREO) initiative.
To date, HR&A’s work with CREO has impacted over 65 million SF in Class A commercial real estate space in New York.
CREO is currently providing dedicated account management for 33 portfolios, representing 257 buildings and over 330 million SF. We have been responsible for over 150 NYSERDA program applications, representing over $8 million incentive dollars to date. HR&A has been instrumental in pursuing the Governor and Mayor’s goals of achieving 15 percent electric efficiency savings by 2015, and 30 percent reduction in carbon emissions by 2030.
To support these efforts, HR&A has developed several tools:
- The Benchmarking Toolkit is an overlay on the Environmental Protection Agency’s Portfolio Manager, providing benchmarking against a New York State data set of building energy use, regression analysis, site and source energy use, and attractive, easy-to-understand reports that support executive-level decision making. This tool was selected as an Environmental Protection Agency Partner Success Story in 2010.
- The Commercial Lease Analysis Tool addresses the “split-incentive” by showing building owners how cash flow from investment in energy conservation measures accumulate to both the owner and building tenants, depending on lease structure, thereby supporting ownership decision to commit capital to particular energy efficiency scopes of work.