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Property Management Company Irvine
July 20, 2010: When it comes to energy savings the Los Angeles based ReGreen Corporation continues to provide clients with unparalleled reductions in energy costs. Irvine Company, one of the largest commercial and residential property management companies on the west coast, retained ReGreen to retrofit its lighting systems at the Westwood Gateway Towers in Los Angeles, yielding an estimated yearly savings of 35%, over $160,000 annually. The 3, Class A, high rise buildings consist of over 820,000 sq. ft. and 3 parking garages, and is Energy Star labeled.
The main goal of every energy reduction project is to measurably reduce the kilowatt-hours (KWh) and kilowatt (KW) demand without reducing the quality of light. ReGreen not only accomplished this goal but they also helped the Irvine Company qualify for appropriate rebates from the LADWP’s CLEO Program that helped subsidized over 60% of the cost for upgrades.
And the savings are not just measured in dollars and cents. By replacing all of the existing light fixtures on the property with the latest T8 fluorescent technology, ReGreen was able to reduce CO2 emissions by almost 20 million pounds! The annual energy savings experienced by Westwood Gateway is equivalent to powering 85 homes and removing 198 cars from the road.
Talk about seriously reducing your carbon footprint. Irvine Company was so pleased with their results that they have since moved on to work on other energy efficiency projects with ReGreen to increase energy efficiency across their portfolio.
Benefits of ReGreen service solutions include:
* Increased employee productivity and safety
* Reduced maintenance costs
* Increased property asset values
* Reduced air pollution and minimized carbon footprint
* Efficient payback periods: 2 years or less
* Tax advantages: Up to $0.60/sq ft
ReGreen Inc. is headquartered in Los Angeles, and operated through its wholly owned subsidiaries. Offices located in:
* Austin, TX
* Los Angeles, CA
* San Francisco, CA
Source: ReGreen Corporation
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Irvine Company and Westwood Gateway Reduces Annual Energy Costs With ReGreen Corporation Energy Efficiency Solutions is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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