E N E R G Y B E N C H M A R K I N G

KATRINA MANAGAN, CITY AND COUNTY OF DENVER DREW QUIRK, XCEL ENERGY

• Benchmarking allows us to measure the energy performance of our building against – Its past performance – Industry/portfolio average – Best in class

• Inputs – Energy usage – Building characteristics

• Outputs – Scores (1-100, kBtu/ft2)

ENERGY BENCHMARKING OVERVIEW

BENCHMARKING IS A KEY COMPONENT OF A SUCCESSFUL ENERGY MANAGEMENT PROGRAM

Energy benchmarking happens here

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BENCHMARKING RESULTS

WHY BENCHMARK/CERTIFY WITH ENERGY STAR

• Since 1999, tens of thousands of buildings and plants across America -- such as schools, hospitals, skyscrapers, retails stores, and manufacturing plants -- have earned EPA’s ENERGY STAR for superior energy performance.

• On average, ENERGY STAR certified buildings use 35 percent less energy and cause 35 percent fewer greenhouse gas emissions than similar buildings. Energy Star Website.

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• Benchmarking works best when it’s done consistently over time.

• Imagine a weight-loss plan in which you only weigh yourself once a year.

• You can’t manage what you’re not measuring

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CONSISTENCY IS KEY

NEXT STEPS

• Create a Portfolio Manager Account at EnergyStar.gov

• Add Buildings to your Portfolio • Add Energy Meters and Data

– Add 13 months of data to get benchmark – Benchmark is based on EUI of the Source Energy

• Create a Statement of Energy Performance

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C I T Y A N D C O U N T Y O F D E N V E R

ENERGY EFF IC IENCY UNLOCKS OPPORTUNITY

- Lighting upgrades - Tune-ups (RcX) - Efficient heating/AC - Upgraded controls

Invested by the private sector over 7 years

Source: “United States Building Energy Efficiency Retrofits: Market Sizing and Financing Models.” Rockefeller Foundation and Deutsche Bank Group. March 2012. Numbers scaled to City and County of Denver.

WHO BENEFITS? BUILDING OWNERS

$2.40/SF Rental Rates

3.6% Higher Occupancy $61/SF Higher Sale Price

More Valuable Asset

Source: CoStar 2011

CASE IN POINT: DENVER METRO CHAMBER

$280,000 EE Premium $ 40,000 Annual Savings 7 year Simple Payback $424,000 Building Value Increase (NPV of $40,000 in increased operating income @7%)

Source: DMCC Case Study

WHO BENEFITS? BUSINESSES

ENERGY STAR = 35% more efficient ~50 cents per square foot in savings

Attract business to Denver

Source: ENERGY STAR and Xcel Energy

• Energy efficient commercial buildings makes Denver more attractive to global firms

• Sustainability helped win Panasonic, “It made it a slam dunk.” • Millennials want sustainability. Attracting millennials could attract

business. • Energy efficiency can help us beat our top competitor cities such as Salt

Lake City and Dallas

WHO BENEFITS? A GLOBALLY COMPETIT IVE C ITY

F IRST STEP TO ENERGY EFF IC IENCY: BENCHMARKING

• Benchmarking means measuring energy performance. – ENERGY STAR Portfolio Manager is a free tool both property

managers and building owners can use to get a 1-100 score on energy performance of buildings.

– Enables competition!

BENCHMARKING PROGRAM

Benchmarking Program • 200 people at launch • 6 showcase buildings • Press coverage

BENCHMARKING PROGRAM

• 109 buildings enrolled to date • Representing 20 million square feet of commercial and multi-family

buildings • The average ENERGY STAR score of buildings enrolled in the

benchmarking program is 80 • While a great start, this represents only 5.4% of the square footage of

buildings over 10,000 square feet in the City

LEASE FOR EFF IC IENCY CHALLENGE: T E N A N T S C O M M I T T E D T O A S K A B O U T E N E R G Y S TA R S C O R E S

44 tenants 2.5 million square feet

AECOM Alpine Bank Alta Planning and Design American Pacific Mortgage Anadarko Petroleum Corporation Biohabitats Black and Veatch Brownstein Hyatt Farber Schreck car2go Charles Schwab Children's Hospital Colorado CTA Architects Engineers DLR Group Emich Volkswagen

Environmental Technical Solutions Gensler Glowpoint Great Plains Moving and Storage Greenberg Traurig Guzman Energy HDR HUB International Inflection Energy Interstate Express Messenger Services Janus Capital Group K&H Kaplan Kirsch & Rockwell Leon Gallery

M.E. Group Mercy Housing MusclePharm Otten Johnson Robinson Neff and Ragonetti Overlay Consulting Parson Brinkerhoff Petros & White Pilates Vita of Denver PR Newswire RE/MAX S.A. Miro Stantec Consulting Services Suncor Energy The Refined Mind Wells Fargo Bank Xcel Energy Zurich Insurance

ENERGIZE DENVER TASK FORCE

• On December 3 the City and County of Denver announced the Energize Denver initiative.

• The Energize Denver initiative will start with the formation of the Energize Denver Task Force, which will bring together key stakeholders to evaluate building efficiency programs and policies that will help Denver become a globally competitive leader in energy efficiency.

• The task force will develop actions to meet the following goal: Reduce the energy consumption of commercial and multifamily buildings by 10% by the end of 2020 and double that in the following decade.

• Based on the task force’s work, the City will develop and implement new building efficiency programs and policies.

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B E N C H M A R K I N G W I T H X C E L E N E R G Y

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WHAT IS IT?

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• Direct access to whole-building energy usage data via ENERGY STAR Portfolio Manager

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HOW DOES IT WORK?

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Create account in Xcel Energy’s new

Benchmarking Portal

Connect with the Xcel Energy user in Portfolio Manager and “share” buildings and meters

Wait for the data to start flowing!

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ACCESS TERMS

You need to have an account in Portfolio Manager

You need to be authorized by the building owner to access energy data for their property

If there are fewer than four tenants in the building or if one tenant uses more than 50% of the building’s energy in a given month, you’ll need to obtain consent from tenants

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READY TO GET STARTED?

Go to the website www.xcelenergy.com/energybenchmarking

Download the User Guide

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Questions? Email us at benchmarking@xcelenergy.com