^ CHANGE FOR THE ' _A> BETTER WITH Service & Product Provider Success Story ENERGY STAR Service & Product Provider Partner Next>edge 11601 Wilshire Blvd, Suite 625 Los Angeles, CA 90025 Business: energy efficiency and power generation solutions Kimberly Lewis, Marketing and Public Relations Specialist Phone:310-996-2800 Email: klewis@next-edge.com With an estimated 3.7 year payback and a 27% return on investment, Arden Realty, a 3 year repeat ENERGY STAR Award Winner, proves its energy management program with next>edge is a wise decision. Project Scope Next>edge, a wholly owned subsidiary of Arden Realty, installed a cogeneration plant, implemented lighting and HVAC retrofits, and installed an advanced energy management system. Project Summary Next>edge replaced the existing chillers, cooling towers and related controls with new, energy efficient equipment and installed 30 variable frequency drives. In addition, they upgraded the lighting system from T-12 to T-8 tubes with electronic ballasts, replacing the exit signs with LED models, installing carbon monoxide sensors, and commissioning the building to optimize savings. Next>edge also installed its highly customized Advanced Energy-Management System Sequencing (AES M) software. Energy Savings Average annual electricity costs down from $2.47 to $1.63 per square foot and a reduction of 15.4 kBtu/ft -yr. With the investments made, the Arden facility at 8383 Wilshire generates approximately $310,000 in energy savings each year. Investment Arden Realty invested over $1.8 million upfront, and also secured a $750,000 incentive, to implement all of the upgrades and new equipment in the building. Financial Return Wth an estimated 3.7 year payback and a 27% return on investment, this energy management program certainly proved to be a wise decision. Other Benefits Tenant claims have since been reduced by 95%, which has therefore led to reduced maintenance costs, increased productivity and greater tenant satisfaction. Monitoring & Verifying Energy Savings Arden Realty used Portfolio Manager to monitor and track the energy efficiency and financial results. Distinguishing Value Next>edge has developed a unique methodology for approaching energy management which includes its AES software. This software allows its clients to fine tune systems on each floor of a facility allowing each tenant to optimize their heating and cooling needs. Tenant claims can be reduced by up to 95%, which can lead to reduced maintenance costs, increased productivity, and greater tenant satisfaction. Customer Arden Realty, Inc. 11601 Wilshire Blvd, 4th Floor, Los Angeles, CA 90025 Business: Brooke Lauter, 1st Vice President Corporate Communications Phone: 310-966-2600 Email: blaute@ardenrealty.com &EPA I Arden Rialty we next>edge United States Environmental Protection Agency ------- |