Energize Denver Awards Supplement
Total Page：16
File Type：pdf, Size：1020Kb
Page 26 — Property Management Quarterly — January 2019 www.crej.com Energize Denver Awards Supplement January 2019 www.crej.com January 2019 — Property Management Quarterly — Page 27 Energize Denver Awards Letter from the executive director ear Denverites, we have more work show this much energy savings in such calls and answered more than 1,000 Denver Public Health & Envi- to do. a short time period underscores the emails. ronment’s Energize Denver The city and coun- significant potential of other existing We also offer in-person training, program is focused on improv- ty of Denver com- and forthcoming climate action proj- as well as a directory of benchmark- D ing building energy efficiency, mitted to the Paris ects. While some of those initiatives ing services providers so that owners which will help protect Denver’s qual- Climate Agreement will take longer than others to come to and operators have continual access ity of life and strengthen our economy. after President Don- fruition, our strategic and meaningful to assistance. To help each building Reducing energy costs and improving ald Trump withdrew advances with buildings bodes well for understand where they are in the pro- building energy efficiency comprise the United States. the city’s future. cess, we provide scorecards each fall to the single-most significant way build- We have a citywide The energy used in large buildings keep them apprised of year-to-year dif- ing owners and managers can contrib- Robert McDonald goal of reducing is equivalent to 57 percent of Denver’s ferences in their scores, and give them ute to solving climate change while all greenhouse greenhouse gas emissions. Achieving an idea of how they compare to other increasing operating income and mak- gas emissions by 80 percent by 2050. the overall 30 percent reduction goal in Denver buildings. (To find out more ing the building more appealing to Improving energy efficiency is one energy consumption by 2030 is possible about these essential services, visit future tenants, investors and owners. of the most critical ways Denver will if all buildings become as efficient as www.denvergov.org/energizedenver.) Benchmarking is the cornerstone of reach our climate goal. those currently performing at the 81st Building on the success of energy Denver’s strategy for reducing green- Energize Denver aims to improve percentile (as determined by energy benchmarking and our awards pro- house gas emissions from the building the energy efficiency of large build- use intensity) of the building type. In gram, in 2019 we will implement a sector. Buildings in Denver reported ings in Denver, targeting reductions of addition, Denver also would see an new Energy Smart Leasing program to their energy performance to the city 10 percent by 2020 and 30 percent by annual energy savings cost of about help owners and tenants save energy for the first time in 2016, and the 2030, and we believe that our strides $88 million, measured in today’s energy in leased space. Denver’s new Green second time in 2017. Benchmarking thus far have put us on track to meet prices. These energy cost savings can Building Ordinance includes an energy reports from 2017 show that build- those crucial objectives. We believe be achieved with energy-efficiency program as one compliance option ing owners and managers in Denver that you can’t manage what you don’t measures that provide a good return on for existing buildings at the time of saved $13.5 million dollars in 2017 as measure, and so our approach for the investment for owners and tenants. roof replacement. We also promote compared with 2016 – an outstanding city’s climate goals is to implement In addition to benchmarking, Ener- the use of Property Assessed Clean achievement! That means, on average, methods that give us the most up-to- gize Denver gives Energy Efficiency Energy, which allows building owners buildings in Denver cut energy use by date data available in order to evaluate Awards each year to buildings that to finance the upfront costs of energy- 4.5 percent. the information and create thoughtful have improved their energy efficiency efficiency improvements. In addition, Denver buildings had blueprints for the most effective poli- the most. The award-winning offices, Thank you for your support and an average Energy Star score of 66 this cies and procedures. apartments and hotels are presented in dedication to improving energy perfor- year – based on a 1-100 scale in which Because benchmarking is such a these pages. mance. We look forward to continuing one is the worst and 100 is the best – critical core component of the city’s To ensure continued favorable our ongoing partnerships and to forg- which puts us well above the national climate program, the substantial outcomes in compliance, Denver ing new relationships in order to make average score of 50. A key part of those reduction in Denver’s energy use by 4.5 established a help center to provide energy efficiency a reality for every resi- reductions came from the changes percent reveals that our comprehen- support and information via phone dent and business across the city. you and your colleagues are making sive climate action plan (which can be and email for owners and operators to improve energy efficiency in build- reviewed in its entirety at www.den- who have questions or need clari- Sincerely, ings across the city. That’s a great start, vergov.org/climate) is indeed having fications. In the first three quarters Robert McDonald as most cities with benchmarking the intended effect, driving us toward of 2018, the Benchmarking Help Executive director requirements see only 2 to 3 percent greater success in our climate goals. Center, which is run by Overlay Department of Public Health & Envi- savings each year – but we also know The fact that we have been able to Consulting, took more than 5,600 ronment 2018 benchmarking results he Energize Denver Bench- through the reduction in their weather marking Requirement covers normalized site energy use intensity. all buildings over 25,000 square The nonweather normalized sav- feet. The owners and managers ings was 6 percent. These results not T of these buildings must annu- only will help Denver meet its climate ally assess and report their energy change goals, but also they reveal that performance using the Environmental building owners are seeing reduced Protection Agency’s free Energy Star operational costs of $13.5 million. Other Portfolio Manager tool. cities around the nation with bench- Energize Denver aims to unlock big marking and transparency require- cost savings and greenhouse gas emis- ments have seen 2 to 3 percent energy sion reductions in Denver. A report savings year over year from buildings from the Rockefeller Foundation and that are subject to such benchmarking Deutsche Bank Group showed that requirements. investing an estimated $340 million in During this same reporting period, improving building energy efficiency overall compliance rates stayed roughly in Denver could result in $1.3 billion in the same, at about 90 percent. Of the energy savings over 10 years – that’s larger buildings (50,000 sf plus), the $130 million per year in savings using compliance rate was 94 percent, while off-the-shelf energy-efficiency mea- the smaller buildings (25,000-50,000 sf), sures. in their first year of required reporting, The deadline for submitting build- had a compliance rate of 84 percent. ing performance data is June 1 every Along with EUI, Energy Star scores year. Similar to the results from 2017, also are used to asses a building and its in 2018, we achieved an overall compli- efficiency, with ratings of 50 represent- ance rate of 90 percent for all covered ing the national average in efficiency Median Energy Star scores for buildings with two years of benchmarking data buildings. 2018 was the first year that and those over 75 being eligible for buildings 25,000 to 50,000 sf were com- Energy Star certification and recogni- gram lowers the cost of third-party pelled to report; they had a compliance tion for energy efficiency. The figure managers to track their building’s ener- rate of 84 percent. Buildings over 50,000 shows year-over-year changes in financing, which is repaid through gy performance, but also it helps the sf had a compliance rate of 94 percent. Energy Star scores for the buildings the property tax assessment process. city to track energy-efficiency increases The data collected through the that submitted data to Energize Den- Participants receive capital to finance and cost savings. We fully expect the benchmarking requirement has taught ver. Some sectors and building types, eligible improvements, and repay- efficiency to continue increasing in us a lot about the characteristics of such as apartments, condominiums ment is collected through the property upcoming cycles and are excited to buildings in Denver. This year, Denver and hotels, had an overall gain on their tax assessment process (a voluntary share the results not just with the citi- buildings had an average Energy Star energy efficiency when evaluated with assessment is placed on the building zens of Denver, but also with building score of 66, on the scale of 1 to 100 this metric, while others, including owner’s property tax bill). This assess- owners, tenants, real estate profession- where 1 is the worst, 100 is the best, offices and K-12 schools, experienced ment can provide long-term financing als, contractors and others, all of which and 50 is the national average. The larg- a reduction in score within the 2018 of up to 25 years and can stay with the are impacted by the energy-efficiency est building types in Denver are apart- reporting cycle.