IGP’s Energy Efficiency Action Plan
All buildings should prepare a long-term energy strategic plan focused on carbon reduction that will meet or exceed the emissions performance targets. This planning process takes time and might seem overwhelming. This is not the time to sit back and wait to see what happens. The best practice for a well-manged building is to continuously identify problems, plan and implement energy upgrades. Owners should also implement retro-commissioning upgrades every year.
IGP will do a Site Visit followed by a detailed IGP Energy Efficiency Action Plan
IGP did an Action Plan for this Luxury Coop. Their Energy Efficiency Grade went from D to B. Now doing a common area lighting retrofit.
IGP did an Action Plan for this affordable multifamily rental building.
IGP did an Action Plan for this commercial office building. Now installing new windows to seal building envelope.
IGP’s Energy Efficiency Action Plan will evaluate all potential energy and carbon reduction initiatives in the near and long-term, including:
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- Base building heating, ventilation, and air conditioning (HVAC) equipment
- Combined heat and power
- Fuel conversion
- Demand response
- Building-scale renewable energy and storage projects
- Common area lighting
- Building-wide sensors and controls
- Tenant lighting
- Tenant HVAC
- Water consumption
- Building envelope, including windows and doors
- Common area equipment (elevators, etc.)
- And more, including benefits of Green Leases for commercial buildings
How do I implement the IGP Energy Efficiency Action Plan?
The Owner can only address the common area energy efficiency issues. Multifamily and Commercial tenants consume on average 40-80% of the total energy used in buildings. In commercial buildings, tenant equipment, operations, and behavioral patterns have a significant impact on the overall performance, energy use and carbon footprint of the buildings they occupy. Commercial landlords should be evaluating the benefit of green leases.
The best approach is for the Owner to get input and cooperation from key stakeholders including tenants, building operators, property manager, (governing agency in the case of affordable housing), the Board (co-ops & condos) and legal counsel.
IGP specializes in engaging tenants in energy efficiency initiatives which is crucial to unlocking the full energy savings potential of a building. By leading this type of collaboration, IGP prevents miscommunication and saves you time and money.
IGP will assist you to:
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- prioritize projects,
- find the best contractors,
- manage the projects,
- engage the tenants
- access available utility incentive, City, State and Federal tax benefits, and
- assist with accessing a variety of financing options
How can I finance these LL97 energy efficiency projects?
The principals at IGP, working with your accountant, legal counsel and property manager, can assist you to execute a variety of financing vehicles, including:
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- Property Assessed Clean Energy (PACE) loans[i]
- Bank loans
- Equipment loans
- Equipment leases
- Power purchase agreements
- Energy services agreements
- Construction financing and pre-development financing
[i] Private loans authorized under LL96/19, which can be repaid on the building’s property tax bill. See LL96 PACE Financing FAQ.