How to Save $8B

Energy reduction has a powerful impact on ROI, says Yardi VP Brad Setser (right, with the team at his booth). He believes we could achieve 20% savings on energy over the next few years, which could mean $8B in savings for commercial real estate nationwide. (If you save that much money you can finally buy that beach house you wanted... and the island it sits on.) That’s why Yardi provided BOMA with a grant for an improved energy program. Brad tells us that’ll have three components: collaboration, advocacy, and education. That includes working with utility companies to learn about incentives for energy efficiency, expanding the BOMA 360 program to include more energy reduction success recognition, and working with legislators toward efficiency goals.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Master Plan Is Underway For Southwest D.C., Chief Federal Planner Says

BXP Execs See Better Returns In Building Offices Than Buying Them

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

The Las Vegas-Style Sphere Just Outside D.C. Is A Go

The 'Zombie' Building Mirage: How Owners Who Can't Transact Are Stirring The Market

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Coffee Shop Signs Lease At Downtown Trophy: The D.C. Deal Sheet

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC