Top 25 US real estate developer saves $195,000 per year in energy costs in its 280,000 sq ft headquarters complex
In March 2024, one of the biggest builders and developers in the United States partnered with Enertiv to advance its energy efficiency and sustainability initiatives.
The initial project focused on the company’s headquarters complex in Minnesota (a set of three corporate office buildings with 280,000 sq ft), where Enertiv deployed its BMS integration solution. By collecting more than 500 data points at one-minute intervals, primarily across HVAC and boiler systems, Enertiv’s intelligence identified and enabled the implementation of energy optimization measures, resulting in $195,000 per year in verified energy savings.
The Challenge
- The company needed to formalize a utility data collection process across its whole portfolio to meet investor reporting requirements and comply with building performance standards.
- While its industrial arm faced the challenge of collecting tenant-controlled data, its offices were performing above consumption baselines and required optimization. The company was looking for a single solution capable of implementing the right approach for each property type.
- To demonstrate value and scalability, they decided to pilot Enertiv’s BMS integration at its headquarters before expanding with shadow metering to collect tenant-controlled utility data across their industrial portfolio and other sectors.
The Solution
- Enertiv was deployed and integrated with the BMS system that was already in place, collecting more than 500 critical data points at one-minute intervals.
- Enertiv’s AI-driven insights engine analyzed the data and identified opportunities such as HVAC and boiler schedule adjustments, cooling setback measures, and more.
- Our engineering team worked closely with the company’s on-site staff through bi-weekly meetings to implement adjustments, monitor impacts, verify savings, and provide ongoing support.
- All measures were verified through Enertiv’s Measurement & Verification tool and cross-checked with updated utility bills to ensure results were real and measurable.
Results at the complex
| Annual Cost Savings | $194,573 |
| CO₂ Reduction | 1,470,315 lbs avoided |
| Equivalent Impact | 659 trees planted |
| Electricity Savings | 868,340 kWh/year |
| Gas Savings | 55,904 Therms/year |
These results show substantial financial savings alongside a meaningful environmental impact. It is worth noting that these measures were implemented without requiring new capital expenditures, equipment shutdowns, or major changes to building operations.
Results & Impact
By implementing Enertiv’s BMS integration and optimization solution, the company advanced its journey toward a more efficient and sustainable future. This case highlights that Enertiv doesn’t just collect data, we have the expertise and execution power to turn insights into measurable savings.
The high ROI underscores that investments in smart building technology are justifiable and highly profitable, improving NOI and increasing asset value.
The company has since selected Enertiv as its partner as their one-stop for everything related to energy, optimization, and decarbonization.
In its industrial portfolio, the company is expanding Enertiv's Energy & ESG module with the shadow metering add-on to easily capture tenant-controlled utility data and fully automate reporting.This solution streamlines sustainability and compliance reporting while applying the same AI-driven analysis and engineering support to identify tenant-level efficiency measures, creating savings and value across the portfolio.
What an insight looks like for the tenant:
Even under triple net leases—where operational costs are outside the landlord’s direct control—this landlord was able to create tangible, strategic impact with Enertiv. By offering a differentiated experience to tenants, they strengthened relationships and increased retention. Additionally, the initiative positioned the landlord to meet portfolio decarbonization goals.
