by Shane Henson — February 10, 2012—California-based Progressive Lighting & Energy Solutions is spearheading what it says is the start of California’s most comprehensive and ambitious green project in an existing building. The project was designed for Tarlton Properties, a provider of commercial property development and asset management services located in Menlo Park, California, and consists of cutting-edge building-efficiency controls and lighting retrofit at the 47-acre, 13-building campus.
According to Progressive Lighting & Energy Solutions, the Tarlton Properties project is designed to maximize building efficiencies through an integration of HVAC and lighting systems that will future proof the campus for demand response, tiered rate pricing and changes in California Title 24.
Progressive Lighting & Energy Solutions, in participation with Pacific Gas & Electric (PG&E), secured funding through a combination of utility third party program and core incentives from RightLights, California High Performance Lighting Program, PG&E’s Express Efficiency Program and Automated Demand Response Technical Incentives. Tarlton Properties expects to garner more than $1 million in rebates and technical incentives.
The balance of the project will be financed by Pacific Gas & Electric, which makes this the largest “On-Bill Financing” project for the utility, says Tarlton Properties. It is expected that Tarlton Properties will realize an annual utility bill savings of more than $400,000, with an annual return on investment of more than 20 percent.
