Denver Launches Project to Save $1.3B in Energy

October 30, 2014 By Karen Henry

Denver-energy-manageThe city of Denver, Colo., has launched the Denver City Energy Project, a plan to unlock $1.3 billion in energy savings from commercial and multi-family buildings.

So far, 57 building owners have committed to benchmarking and measuring their performance. The buildings are using Energy Star Portfolio Manager to benchmark their performance and are sharing the results with the city.

In addition to the participating buildings, project partners include Denver Metro Building Owners and Managers Association (BOMA), Xcel Energy, the International Facility Management Association Denver Chapter and the Energy Efficiency Business Coalition. In exchange for their commitment to benchmark, Denver City Energy Project participants receive formal recognition, training on how to benchmark and improve building efficiency and assistance in engaging building occupants in improving building performance.

Data gathered through benchmarking can help guide energy efficiency improvements and establish a continuous cycle of improvement. Research has shown that building owners who benchmark their buildings are more likely to make energy efficiency improvements, and on average, benchmarked buildings reduce energy use by 7 percent over three years.

The city of Denver has benchmarked more than 7 million square feet of municipal buildings and pledged to reduce energy use 20 percent by 2020.

In the past two years, the Brown Palace Hotel has saved 26 percent on its electricity costs and 24 percent on its natural gas costs per occupied room through a three-year façade repair, HVAC upgrades, hotel culture shifts and a focus on staff awareness.

An energy efficiency project at 1670 Broadway is projected to save $128,810 per year in energy costs through the installation of a new energy management system.

The Denver City Energy Project aims to reduce energy use in commercial and multifamily buildings by 18 percent.

Photo: Denver skyline via Shutterstock.

Leave a reply