Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for investment professionals · Thursday, February 27, 2020 · 510,701,644 Articles · 3+ Million Readers

Energy Department Recognizes Better Buildings Partner MetLife Investment Management for Energy Efficiency Leadership

Today, the U.S. Department of Energy (DOE) recognized Better Buildings Challenge partner MetLife Investment Management for energy efficiency advances made in its District Center. The 910,000-square-foot building in Washington, D.C. is a Better Buildings showcase project and saves 31% annually on energy costs, which equates to more than $500,000 per year, a 33% energy reduction compared to a 2014 baseline.

As a Better Buildings Challenge partner, MetLife Investment Management has committed to reducing its energy intensity by 20% by 2026 over its 53 million-square-foot portfolio. The efficiency progress made at District Center is a key milestone as MetLife works toward this goal and showcases its work.

MetLife purchased District Center in 2014. In 2017, the company created one of the country’s first investor-driven, multi-tenant smart buildings. MetLife committed to a holistic systems integration approach to maximize return on investment and save on energy and operational costs.

District Center’s efficiency upgrades included converting the pneumatic HVAC system to direct digital controls, and updating building-wide lighting and installing 32 submeters. The team also implemented a Supervisory Control Management System, which uses real-time energy data to (1) report building performance and sustainability, (2) diagnose faults and trigger maintenance items to increase efficiency and save on operational costs, and (3) conserve energy and water through occupancy-based lighting, heating, and cooling.

MetLife leveraged efficiency leaders throughout the planning and construction process of District Center to work through technical challenges and make it a model for full systems integration. Together, the building’s efficiency systems reduce operations and maintenance expenses, facilitate easy reporting of sustainability and metrics, and increase tenant experience, convenience and productivity.

Through the Better Buildings Initiative, DOE partners with public and private sector organizations to make commercial, public, industrial, and residential buildings more efficient, thereby saving energy and money while creating thousands of jobs. To this date, more than 900 Better Buildings Partners have shared their innovative approaches and strategies for adopting energy efficient technologies. Discover more than 2,500 of these solutions in the Better Buildings Solution Center.

Powered by EIN Presswire
Distribution channels: Energy Industry

EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release