Lowering Energy Costs and Educating Owners with Smart Procurement
A Benchmarking
Buildings Case Study
Workshop Development
WorkShop Development worked with our Energy Advisors to better understand energy procurement and reduce expenses. By leveraging the BGE Smart Energy Program, we secured an electricity contract saving over $20,000 and positioned the firm to increase future ROI through BGE rebates—benefiting both ownership and tenants.
Energy Problem
Baltimore-based WorkShop Development focuses on value-add commercial real estate development, including retail, industrial, office and adaptive re-use developments. WorkShop needed an energy advisor who was going to teach them about energy procurement and deliver unbiased options.
Our Solution
MD Energy Advisors educated WorkShop Development on the merits of the BGE Smart Energy Program and procured for them an electricity contract saving more than $20,000 on energy expenses. In addition, WorkShop is able to bring down future capital project costs and increase ROI by leveraging the BGE rebate program.
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