CLIENT: UBS Realty Investors
LOCATION: Various cities and states throughout the US
SERVICES: ESG | Sustainability , Mechanical electrical plumbing
ASSET TYPES: Retail , Multifamily residential , Arts, Culture, & Entertainment
Our team worked with UBS Realty Investors, LLC, to complete seven ASHRAE Level II energy audits on 39 buildings, spread out over seven properties, totaling more than 2,209,325 square feet. Our survey included a review of the physical conditions related to systems, equipment, and components of the building infrastructure to determine recommended energy conservation measures (ECMs), water conservation measures, and how to improve building operations.
The energy audit identified energy conservation measures that could result in approximately $594,743 in potential energy cost savings from reduced annual energy consumption and annual maintenance savings.
The audit also identified low-cost measures such as lighting upgrades as well as capital improvement measures that include HVAC equipment upgrades. In general, the results of an energy audit tend not to recommend replacing HVAC equipment because the high cost outweighs the relatively low annual savings. However, our evaluations considered the incremental cost of replacing equipment that is at the end of its useful service life with high-efficiency equipment, and thus installation of this equipment was included with our recommendations.