Pennzoil Place Cuts Energy Costs by $2.2 Million

摘要

Houston's Pennzoil Place, originally constructed in 1975, has implemented a number of strategies to cut energy costs by $2.2 million since 2008. Consisting of two 36-story, glass-walled buildings with a combined 1.8 million square feet, the complex received a multi-million dollar capital investment by its owner Metropolis Investment Holdings. Metropolis has been able to cut its electrical costs by 50% and pass the savings along to its tenants. In 2008, when Pennzoil Place was approximately 98% occupied, electrical cost totaled $4.3 million. In 2013, when the occupancy rate was the same and capital improvements had been completed, electrical cost dropped to $2.1 million.