TBC Hotels
Owner: The Bernstein Companies
Location: Washington, DC metro area
Building Type(s): 4 hotels
Size: 270,000 sq.ft.
Rooms: 505
Financial Highlights
| Investment: | $55,000 |
| Annual Utility Savings: | $85,000 |
| Utility Error Credit: | $75,000 |
| Decrease in utility costs/room sold: | 23% |
| ROI: | 191% |
Environmental Highlights
| Annual Electricity Reduction: | 452,000 kWh |
| Annual Gas Reduction: | 148,500 kbtu |
| Annual CO2 Reduction: | 700,000 lbs |
| Annual Water Reduction: | 1,950,000 gal |
TBC Hotels, a subsidiary of Washington, DC based real estate investment firm The Bernstein Companies (TBC), approached Sol Vista Consulting with the goal of improving the efficiency of its four hotels. To help TBC Hotels realize its goal, Sol Vista applied its strategically green™ asset optimization model, which included:
- analyzing building and utility data;
- preparing a phased action plan prioritizing asset performance;
- executing targeted facility audits; and
- implementing operational improvements and equipment retrofits.
Portfolio-Wide Measures
Financial Highlights
| Investment: | $25,000 |
| Annual Energy Purchase Savings: | $300,000 |
| Annual Demand Response Revenue: | $80,000 |
| ROI: | 1420% |
In light of TBC Hotels' successes, TBC hired Sol Vista to assist with measures to enhance its full portfolio of 19 buildings. As an initial step, Sol Vista recommended and advised TBC on several portfolio-wide measures, including:
- energy procurement;
- demand response;
- online utility use and emissions tracking; and
- automated Energy Star benchmarking to comply with Washington, DC’s Clean and Affordable Energy Act.
Read more about our Strategically Green™ services, and contact us to discuss how we can improve your bottom-line.