Commercial, Demand Management, Energy Efficiency  -  April 13, 2016

Better Buildings blog highlights TIAA's energy efficiency leadership

Ahead of its 2016 summit, the U.S. Department of Energy's Better Buildings program recently singled out financial services organization TIAA for its sharing of three new energy and water solutions, bringing its total to five. 

TIAA, which is a commercial real estate partner with the program,  has shared the most of any partner, setting the pace for other partners to follow, according to a new Better Buildings blog post. The most recently shared projects include a showcase project at a commercial building in Washington, D.C., where TIAA achieved annual energy savings 35% by enhancing HVAC controls, improving building pressurization, and upgrading interior and exterior lighting.

When aggregated, TIAA reported that the projects at 1001 Pennsylvania Ave. yielded an overall payback period of 3.5 years and an ROI of 29%, according to the Better Buildings blog.

The organization also noted that TIAA's Nick Stolatis, senior director of global sustainability and enterprise initiatives, also will be sharing the firm's strategies for success at this year’s Better Buildings Summit. The event runs May 9 through May 11. 

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