National Bank To Capture $17M In Savings From HVAC Optimization Program With No Capital Outlay

The Challenge

This Fortune 25 Banking Client’s real estate portfolio included of a large portion of HVAC assets that had surpassed estimated useful life (EUL) and were leading to expensive emergency repairs. Given the scale of the aging infrastructure and the competition for internal capital and resources, the client engaged Redaptive to address its aging assets.

The Solution

Redaptive provided the capital and resources to rapidly execute the HVAC optimization program for this client without impacting the day-to-day operations of its retail bank facilities. Redaptive also mitigated client cost exposure to the R-22 refrigerant ban by eliminating R-22 from the addressed sites.

The Impact

The Redaptive program resulted in approximately $17M gross savings over the 10-year project term. The HVAC optimization program will avoid 7,900 metric tons of CO₂ emissions over the service term, the equivalent to removing 18,000 barrels of oil avoided or the emissions from 1,000 homes.

$17M 10-Yr

Gross Energy Savings

11.1M 10-Yr Reduction

in KWh consumption

7.9K 2 >Metric tons of CO₂

avoided over service term

18K 2 emissions equivalent>CO₂ emissions equivalent

in barrels of oil, avoided over service term

1K 2 emissions are equivalent>CO₂ emissions are equivalent

to homes’ electricity use over service term

Customer success stories

All
HVAC
Lighting
Data Analytics

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Solution Types: Data Analytics

Redaptive Energy-as-a-Service Program Reduces
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Pharma Company

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Solution Types: Lighting
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Oil & Gas Services

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Industry: Industrial & Manufacturing
Solution Types: Data Analytics, Lighting
Annual Savings: $550,000