Riata Trace Commercial Complex
The owner of this eight-building commercial office property (688,100 SF) looked for ways to save money and help meet their sustainability goals. Electricity demand charges, or kilowatts (kW), accounted for 80% of this customer’s utility bill so reducing HVAC demand, which sets the demand charges for these buildings in the summer, was critical.
PEAK+ projected a total demand reduction of 978 kWs using our system, saving the customer over $100,000 in demand charges alone. We then secured a $300,000 rebate for our technology with local electric utility, Austin Energy. This covered half of the cost of the project for the owner.
After one season of use, the customer reported a savings of 959 kWs; 98% of what was forecasted. Additionally, other savings resulted from reduced energy consumption (kWh) and reduced annual coil cleanings.
