Enerliance and Ocean West Capital’s Efficiency Collaboration is a Resounding Success for 300,000-Square-Foot Irvine Office Tower
Irvine, Calif. (PRWEB) — An initial two-day validation exercise at 2600 Michelson, a 300,000-square-foot office tower in Irvine, Calif., reveals that the building’s recent LOBOS HVAC efficiency upgrade will provide a 43.7% reduction in HVAC energy usage. This reduction equates to a projected savings of nearly one million kWh per year.
Building owners, Ocean West Capital Partners, initiated the project after purchasing the distressed property out of receivership. The LOBOS installation is part of their comprehensive repositioning effort, which includes updating the building to qualify for LEED certification.
“We made the decision to invest in LOBOS because it creates value in a building through the lowering of operating expenses, while not compromising tenant comfort. It’s an added bonus that LOBOS also supports our application for LEED status,” said Principal at Ocean West Capital, Ted Bischak.
The 2600 Michelson project is just the latest in numerous buildings across the country to adopt the LOBOS HVAC optimization solution, not only because of the dramatic reduction of energy usage it creates, but because it achieves this previously unheard-of level of efficiency without compromising tenant comfort.
“Anyone can simply turn off equipment and achieve these kinds of savings—but the tenants would be miserable. In terms of affecting how the central plant operates during optimization and demand response routines, LOBOS is a breakthrough,” said Bischak. “The critical variable that LOBOS constantly takes into account is the comfort of the tenants, and this is the key to the success of the LOBOS product.”
2600 Michelson’s property manager is Edgecore Real Estate Group. Curt Stromstedt, Director of Operations, agrees. “At Edgecore we are always looking for ways to save energy, and improve the comfort of tenants and the bottom line for building owners. With LOBOS, we have found a solution that encompasses all three.”
As for creating value, LOBOS is a key contributor, said Stromstedt. “Comfortable, energy-efficient buildings are easier to lease. A higher lease rate and lower operating costs translate directly into bottom line value for facility owners.”
After 30 years of updating buildings for efficiency, Bischak knows the field and has seen it all. “There are a lot of people who claim to do central plant optimization, but actually achieving it while maintaining comfort conditions is extremely difficult. I’ve been in this business for a long time and I can say with absolute certainty, LOBOS is the real deal.”
To date, LOBOS, which not only optimizes the chiller plant but also the air handling system while maintaining occupant comfort, is optimizing over 50 million square feet of building space nationwide. For more information, please visit www.enerliance.com.
About Enerliance: Enerliance, founded in 2005 and acquired by Yardi Systems in 2014, is the company behind the Load Based Optimization System (LOBOS), an intelligent optimization system for large-scale air conditioning systems that offers improved comfort, energy efficiency and fully automated demand response capability that improves bottom lines for building owners and occupants.
LOBOS delivers more than 32 megawatts of fully automated demand response capability to the grid along with more than $5 million in annual energy savings.
Enerliance has earned numerous industry accolades, including recognition by CIO magazine, one of the most highly regarded publications in the information technology industry, as one of the 20 most promising utilities solutions providers in 2013. For more information, visit www.enerliance.com.