Redaptive Partners with Institute for Advanced Study Campus
on a Net-Neutral Renewable Energy and Efficiency Project
- Industry: Higher Education
- Solution Types: Lighting
A Manufacturing client had immediate energy reduction goals and was looking to significantly reduce its electricity consumption across its entire portfolio. This client planned to replace its inefficient fluorescent lighting fixtures with LEDs. With competing resources for internal capital, alternative project initiatives, and a portfolio-wide project scope, it was challenging for this client to prioritize a lighting retrofit.
Redaptive provided the $8.9M upfront capital and project management to successfully implement the LED retrofit for this client without impacting its dynamic, fully-operating facilities. Redaptive’s wave deployment, and installation, maximized speed to savings while abiding to the specific needs of each unique location resulting in 10-Year Gross Savings of $22.8M for the client.
The reduced electricity consumption will avoid 133,000 metric tons of CO2 emissions over the service term, the equivalent to removing 308,000 barrels of oil avoided or the emissions from 16,000 homes.