Taking Control: Forest City benefits by bringing utility billing and auditing functions in-house
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Forest City Enterprises, Inc., a national real estate owner and developer, desired to enhance its operational efficiencies and sustainability program through energy management software. EnergyCAP® offered an opportunity to reduce utility bill payment outsourcing costs, streamline business processes, and increase internal awareness of energy and sustainability issues. Savings on consultant costs and account auditing are leading to full payback over a three-year period. Eight significant benefits of EnergyCAP are discussed at http://info.energycap.com/significant-savings
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- 1. HOW FOREST CITY OF THEIR UTILITY BILLS Forest City Enterprises, Inc., a national real estate owner and developer, desired to enhance its operational efficiencies and sustainability program through energy management software. FOREST CITY HANDLES OVER 5,000 MONTHLY BILLS FOR 200 buildings 340 cost centers 10,000 utility meters 3,000 submeters 80% UTILITY COSTS electricity BETWEEN 12% REPRESENT 10–20% of total water 8% OPERATING heat & gas EXPENSES EIGHT SIGNIFICANT BENEFITS OF ENERGYCAP leading to full payback over a three-year period CENTRALIZED BILL PROCESSING AND AUDITING COST AVOIDANCE CALCULATION (M&V) ISSUE TRACKING SUSTAINABILITY REPORTING ENERGY STAR BUILDING RATINGS RATE SCHEDULE MANAGEMENT LOAD ANALYSIS DATA REPORTING AND SECURITY ENERGY INFORMATION Controlling bills IN-HOUSE helped increase efficiency and enhanced awareness of energy costs can be obtained by building managers and administrators to make profitable decisions SHARED KNOWLEDGE PLATFORM 5% REDUCTION of energy consumption was achieved by using EnergyCAP and energy savings initiatives allows everyone to access data and quickly resolve issues Watch the video at www.EnergyCAP.com/forestcity ©2012 EnergyCAP, Inc. | www.EnergyCAP.com