We’re excited to announce that we’ve opened a regional office in Los Angeles to help more Southern California commercial real estate and industrial building owners turn energy waste into guaranteed financial value.
This is the fourth Carbon Lighthouse office — after San Francisco, New York and Honolulu — and Los Angeles is the number one market in the Americas for real estate investment, according to CBRE.
Initial staff includes engineering, sales and marketing roles focused on scaling our Efficiency Production process with enhanced technical and business development capabilities for more energy efficient commercial buildings.
Los Angeles continues to lead the nation in its dedication to fighting climate change.
With Mayor Eric Garcetti putting the city on track to achieving a 45 percent reduction in greenhouse gas emissions by 2025 — and net zero carbon emissions by 2050 — Los Angeles has become the number one solar city in the United States.
This makes it an ideal locale for increased Efficiency Production, Carbon Lighthouse’s unique, data-driven clean energy service that turns building energy waste into guaranteed revenue and boosts net operating income to increase overall asset value.
Since 2014, Carbon Lighthouse has worked in nearly 100 Southern California buildings from Los Angeles to San Diego, including commercial office buildings, hotels and K-12 educational institutions.
“When we acquire a building, one of the first things we do is assess its overall efficiency — financially, technologically and environmentally,” said Chris Rising, Co-Founder & CEO of Rising Realty Partners.
Currently engaged in a pilot project with Carbon Lighthouse at a large commercial property in downtown Los Angeles, Rising said:
“By partnering with Carbon Lighthouse, we’re able to collect data and analytics on an asset’s energy usage, identify hidden inefficiencies and potential solutions and implement the best solution to improve and drive real financial value — while improving environmental performance.”
To date, Carbon Lighthouse has eliminated the equivalent carbon emissions of 1.5 million gallons of gasoline while driving significant guaranteed financial value for clients.
Across the United States, Carbon Lighthouse estimates the value of Efficiency Reserves at up to 55 percent of each building’s energy, which is worth over $100 billion every year — more than twice the cash value of the U.S. strategic petroleum reserve.
Efficiency Production helps commercial building owners tap their Efficiency Reserves.
The process starts by deploying dozens of sensors throughout a building to collect thousands of original (site-specific?) thermodynamic data points — from air and water temperature and flow rates in HVAC (heating, ventilation, and air conditioning equipment), to lighting and occupancy
Supplemented with utility, weather and other available data, Carbon Lighthouse uses its proprietary CLUES® software — recently honored by Fast Company as a “World Changing Idea” — to model thousands of energy scenarios and optimize existing equipment to arrive at the most financially and environmentally beneficial solution.
Carbon Lighthouse guarantees the real dollar value of its estimated energy savings by continuing to stay engaged with the property and its on-site teams to ensure the energy efficiency measures persist in the long term. This translates into sustained building financial value and increased tenant comfort.