If Public and Private Sector Companies and Organizations across the US retrofit with LED Tubes, LED Fixtures, and LED Lamps, the Energy Saving Performance is outstanding. The Data and Calculations below illustrate the Sample Performance of LEDs across America for this Property Type:
| US Census DATA | Property Type | Office |
| # of Buildings in the US | 736,000 | |
| Total Square Footage | 12,044,000,000 | |
| Run Time (Hours / Week) | 53 | |
| Run Time (Hours / Year) | 2,756 | |
| _________________________ | _____________________________________ | _________________________ |
| ASHRAE DATA | Baseline Watts / sq. ft. | 1.0 |
| _________________________ | _____________________________________ | _________________________ |
| Industry Avg. | 50% Savings with LEDs | 0.5 |
| _________________________ | _____________________________________ | _________________________ |
| Consumption Calculatitions | Current Watts Used | 12,044,000,000 |
| Current Annual kWh Used | 33,193,264,000 | |
| Avg. US Cost / kWh | $0.11 | |
| Current Annual Cost of Lighting | $3,651,259,040 | |
| _________________________ | _____________________________________ | _________________________ |
| SAVINGS with LEDs | Annual kWh Saved with LEDs | 16,596,632,000 |
| Annual $ Savings with LEDs | $1,825,629,520 | |
| 7 year $ Saved with LEDs |
$12,779,406,640 | |
| _________________________ | _____________________________________ | _________________________ |
| The Environmental Impact | lbs of CO2 Saved per kWh | 1.3 |
| Annual lbs of CO2 Saved with LEDs | 21,575,621,600 | |
| 7 year lbs of CO2 Saved with LEDs | 151,029,351,200 | |
| 7 year Tons of CO2 Saved with LEDs | 75,514,676 | |
| Vehicles (SUVs) Taken Off the Road | 1,797,968 | |
| _________________________ | _____________________________________ | _________________________ |
The Better Building Initiative companies in this category are highlighted below. We applaud their leadership in Energy Reduction:
Abundant Power
Sustainability and/or Energy Reduction Leadership:
http://www.abundantpower.com/News.aspx
Abundant Power is a financial services firm specializing in designing, administering, underwriting, and structuring clean energy financing programs and products. Abundant Power expects to originate and finance more than $100 million of commercial building energy efficiency projects over the next 18 months. Abundant Power is partnering with states and municipalities, utilities, and industry partners to introduce and scale its services; aggressively market and source projects; raise debt and equity funds to provide structured financial products; and evaluate and underwrite projects and programs identified by Better Buildings Challenge partners. Since the first of June of this year, approved and financed projects for the Alabama Saves program, administered by Abundant Power, are:
- Total projects funded/completed: 3 projects: $3,066,000
- Total projects approved/in process: 2 projects: ~$1,900,000
- Total projects under review /application submitted: 3 projects: ~$1,500,000
- Total other pipelines projects identified: 20 projects: ~$19,000,000
With LED tubes that are Made in American with Domestic and Imported components according to Buy American ARRA standards, Abundant Power can save 50% or more on its electricity for lighting and also help create the jobs that support American Energy Independence.
Blue Hill Partners
Sustainability and/or Energy Reduction Leadership:
http://bluehillpartners.com/index.php/archives/news/aashe
Blue Hill Partners is a green sector investment firm which provides capital, management support and strategic guidance, and employs investment capital to create and fund optimized service solutions for improving the built environment. Blue Hill Partners has teamed with the Pennsylvania Treasury Department to lead the investment of over $45 million in energy efficiency and sustainability projects at Pennsylvania colleges and universities through the Campus Energy Efficiency Fund. As a Better Buildings Challenge Ally, Blue Hill Partners commits to achieving over $50 million of energy efficiency investments. With LED tubes that are Made in American with Domestic and Imported components according to Buy American ARRA standards, Blue Hill Partners can save 50% or more on its electricity for lighting and also help create the jobs that support American Energy Independence.
Citi
Sustainability and/or Energy Reduction Leadership:
http://www.citigroup.com/citi/environment/
Citi, a leading global financial services company with approximately 200 million consumer accounts in more than 160 countries and jurisdictions, is committed to continue developing and offering scalable financial solutions for aggregations of energy efficiency projects. Closed transactions include the Delaware Sustainable Energy Utility, a $70.2 million bond offering projected to create over 1,000 jobs and save State Agencies more than $26 million. Existing projects and projects under development target public and private sector clients, employ a number of financing mechanisms, partners and clients, and are sized starting at a minimum of $25 million for each transaction. As a Better Buildings Challenge Financial Ally, Citi will pursue at least $500 million in financing. With LED tubes that are Made in American with Domestic and Imported components according to Buy American ARRA standards, Citi can save 50% or more on its electricity for lighting and also help create the jobs that support American Energy Independence.
Energi Inc.
Sustainability and/or Energy Reduction Leadership:
Energi Inc. is a Massachusetts based Industrial Reinsurance Company that provides innovative risk management and insurance programs to segments of the energy industry. As a way to enable market activity, Energi and Hannover Re jointly developed "Energy Savings Warranty," a program that insures the energy savings guarantees made by energy efficiency contractors or ESCOs. As a Better Buildings Challenge Financial Ally, Energi has committed to insure a minimum of $50 million in retrofit projects. With LED tubes that are Made in American with Domestic and Imported components according to Buy American ARRA standards, Energi Inc. can save 50% or more on its electricity for lighting and also help create the jobs that support American Energy Independence.
Jones Lang LaSalle
Sustainability and/or Energy Reduction Leadership:
http://www.joneslanglasalle.com/csr/SiteCollectionDocuments/CSR_full_report.pdf
Jones Lang LaSalle is a financial and professional services firm specializing in real estate services and investment management, and operating in 1,000 locations in 70 countries. As a Better Buildings Challenge partner, Jones Lang LaSalle is committing to develop implementable programs to improve energy efficiency at large properties totaling 98 million square feet across its U.S. managed portfolio, in order to achieve a 20% energy reduction by 2020. Through this partnership, Jones Lang LaSalle will highlight its innovative strategies to identify energy savings and determine costs to develop a “shovel ready” set of projects backed by a solid business case for investment. With LED tubes that are Made in American with Domestic and Imported components according to Buy American ARRA standards, Jones Lang LaSalle can save 50% or more on its electricity for lighting and also help create the jobs that support American Energy Independence.
Sample Commitment from the Top: A message from the Jones Lange LaSalle CEO
“Commercial real estate is now generally recognized as pivotal in the fight against global environmental challenges, including climate change and the consumption ofincreasingly scarce resources. The United Nations Environment Programme (UNEP)estimates that, globally, buildings are responsible for more than 40% of energy use,one-third of greenhouse gas emissions and 30% of raw material use. From a socio-economic perspective, real estate shapes our towns and cities and is a defining characteristic of society in general. It is where we work, where we live, and it creates jobs and investments for people from every walk of life. As a business, we have a duty to respond to these challenges and opportunities. We define Corporate Social Responsibility (CSR) as the actions we take to promote and protect the environmental, social and economic interests of future generations.” - Colin Dyer, Chief Executive Officer and President.
Sample Commitment from the Top: A message from the Jones Lange LaSalle Chairman of the Board
“As part of its oversight of the Company‘s operations, the Jones Lang LaSalle Board of
Directors is regularly engaged with management in discussions about the efforts the Firm is making in all elements of its sustainability agenda. We are proud of what has been accomplished so far and enthusiastically encourage the Firm to continue its excellent progress. Being a socially responsible company, with a focus on doing what it can to make the world a better place, is the right thing to do for our clients, our people
and our shareholders.” Sheila A. Penrose, Chairman of the Board
The PNC Financial Services Group, Inc.
Sustainability and/or Energy Reduction Leadership:
The PNC Financial Services Group, Inc. is one of the nation's largest diversified financial services organizations, with more than $269 billion in assets (as of September 30, 2011). PNC provides consumer and small business banking primarily in 15 states and the District of Columbia, with residential mortgage banking and corporate and institutional banking offices across the continental United States. As part of the Better Buildings Challenge, PNC is working towards a 30% energy reduction goal in 26 million square feet by 2020. As a leader in energy efficiency, PNC’s participation in the Better Buildings Challenge and their examples of success will provide a great model for other organizations with a large number of locations. With LED tubes that are Made in American with Domestic and Imported components according to Buy American ARRA standards, The PNC Financial Services Group, Inc. can save 50% or more on its electricity for lighting and also help create the jobs that support American Energy Independence.
Source: http://www.c4spgh.org/SC_PNC.html
Feature Company: The PNC Financial Services Group, Inc. (NYSE: PNC)
Sustainability Coordinator/Representative: Benson Gabler, Manager of Corporate Sustainability Employees: 56,000. Individuals impacted: Approximately 5 million consumer and small business customers. Notable sustainability projects: Recognizing the importance of wise investments, The PNC Financial Services Group, Inc. (NYSE: PNC) strives to integrate our day-to-day business practices with environmental responsibility. Our nationally recognized green commitment has enabled us to lower costs, increase efficiency and productivity as well as enhance the communities where people live, work and play. We frame our commitment in three categories: building green, being green, and banking green.
Building Green:
In the late 1990s, PNC built its first facility according to the US Green Building Council’s (USGBC) Leadership in Energy and Environmental Design (LEED®) certification. With its early adoption of green building practices, PNC has achieved the following milestones:
- LEED Leadership: PNC has more newly constructed green buildings certified by the USGBC than any company on Earth (68).
- PNC Firstside Center: At nearly 650,000 square feet, it opened in 2000 as the nation’s largest corporate green building.
- PNC Global Investment Servicing Headquarters: The financial services industry’s first Gold level certified green building – and first in Delaware.
- Green Branch® Locations: Starting in 2002, PNC became the first major U.S. bank to apply green building standards to all newly constructed or renovated retail offices with the first prototype to be awarded LEED Silver volume certification by the USGBC.
- Three PNC Plaza: One of the nation’s largest green, mixed-use buildings, which features office space, hotel, condos and retail, as well as a public park outside.
- PNC Place: 12-story building near the White House designed to achieve PNC’s first LEED Platinum certification. Opening in 2010.
- Green Wall: In 2009, PNC unveiled North America’s largest living Green Wall--a 2,380-square-foot, soil-based wall that features a variety of regional plants grown into living art on the south-facing wall of One PNC Plaza.
Being Green:
Over the past decade, PNC has implemented innovative sustainability practices and projects throughout its office environment and in its communities, such as:
- Waste Management: PNC works to reduce the amount of trash it sends to landfills. For example, PNC shreds and recycles all internal paper documents, remanufactures and recycles old electronic equipment, and deconstructs existing buildings on sites of all new major construction. PNC is also testing a food waste composting program at Firstside Center.
- Housekeeping: PNC includes a Green Housekeeping policy in all janitorial vendor contracts, which requires the use of Green Seal certified products.
- Dining Services: PNC has implemented sustainability practices in our 17 dining locations, such as using only compostable containers and cutlery.
- Supply Chain: PNC has taken action to green its procurement practices. For instance, we switched Styrofoam with compostable coffee cups, purchase only Energy Star certified laptops, computers and multi-functional devices (MFDs), and use printing companies that are certified by the Forest Stewardship Council (FSC).
Banking Green:
PNC strives to help its customers with their own green goals through online banking and paperless transactions, as well as financing projects that promote sustainability, such as:
- Virtual Wallet: Virtual Wallet is an award-winning, high definition view of your money. This online solution is an easy and naturally intuitive way of managing, moving and saving your money. This product, along with PNC’s other online banking tools, allows customers to save trips to the bank, gas and paper waste.
- Free ATM: PNC helps reduce wasted gas to find a free ATM. In 2006, PNC became the first major bank to offer its customers access to free ATMs worldwide. As a feature of performance checking accounts, PNC rebates both fees charged for using another provider's cash machine -- the ATM fee previously charged by PNC plus the surcharge levied by the machine's owner.
- Green Lending: In 2008, PNC launched its Small Business Green Lending program which provides 50% off initiation fees and 0.5% rate reduction for $500,000 (or less) energy efficiency project loans.
- Renewable Energy: PNC’s Equipment Leasing group is one of the leading providers of renewable energy financing solutions, especially for solar. In 2009, the group financed major deals for Arizona State University and many others.
- PNC has 68 LEED certified sites (approx. 1 million sq ft)
- We have approx. 1 million sq ft more of green space either under construction or awaiting LEED certification
- Since 2002, PNC has constructed 79 Green Branch® locations (66 of which have already achieved LEED certification). These branches produce 34% energy and 29% water savings than a comparable branch. Water usage in these branches is reduced by 4000 gallons per year.
TIAA-CREF
Sustainability and/or Energy Reduction Leadership:
http://www.environmentalleader.com/2010/07/27/tiaa-cref-ceo-on-building-energy-efficiency/
TIAA-CREF is a financial services organization specializing in retirement services to 3.7 million customers in the academic, research, medical and cultural fields. As a leader in the efficiency field, TIAA-CREF has committed to a Better Buildings Challenge goal of reducing energy consumption in 40 million square feet by 20% by 2020.
Participation in the Better Building’s Challenge is providing a forum for TIAA-CREF to share their successes for others to learn from. With LED tubes that are Made in American with Domestic and Imported components according to Buy American ARRA standards, TIAA-CREF can save 50% or more on its electricity for lighting and also help create the jobs that support American Energy Independence.
TIAA-CREF manages one of the nation’s largest real estate portfolios. CEO Roger Ferguson discusses energy efficiency measures from buildings as a “win-win” strategy that can reduce carbon emissions and energy use at a net cost-savings. See the video: http://www.environmentalleader.com/2010/07/27/tiaa-cref-ceo-on-building-energy-efficiency/
Historical Context: News from March 218, 2008: TIAA-CREF Aims For 10% Cut In Real Estate Portfolio’s Energy Use
TIAA-CREF, one of America’s largest institutional real estate investors, says it will improve the energy efficiency of its real estate portfolio by 10 percent by 2010.
The company’s Global Real Estate group is benchmarking the 43 million square feet of office buildings and other properties within the company’s real estate portfolio to identify opportunities to reduce energy consumption. Thus far, the buildings that comprise the office portfolio have reduced energy use by 125 million KBTUs, which is equivalent to an estimated 37 million pounds of carbon dioxide emissions.
Examples of portfolio-wide strategies for improving energy performance that are being implemented include replacing inefficient lighting with Energy Star-qualified lighting, only operating buildings on Saturdays at the tenant’s request, and verifying that lights are turned off when the offices are unoccupied. Source: http://www.environmentalleader.com/2008/03/24/tiaa-cref-aims-for-10-cut-in-real-estate-portfolios-energy-use/
