Retroficiency Remotely Identifies More Than $2 Million in Energy Savings Potential Across 100+ Buildings

Company's Virtual Energy Assessment Prioritizes Liberty Property Trust's Portfolio by True Savings Potential and Makes Detailed Recommendations for Improvement in Less Than a Day

Marketwired

BOSTON, MA--(Marketwire - Sep 19, 2012) - Retroficiency, provider of the on-demand Building Efficiency Intelligence (BEI) platform, today announced that it has used its Virtual Energy Assessment (VEA) solution to rapidly analyze efficiency opportunities across 110 buildings for Liberty Property Trust (NYSE: LRY), a $7 billion real estate investment trust (REIT). With just a year's worth of electric energy interval data and an address for each building provided by Liberty Property Trust, Retroficiency prioritized the portfolio by energy savings potential to help the company understand where the biggest opportunities are, and made recommendations on potential operational and capital retrofit improvements. The entire assessment was completed in less than a day, or just minutes per building.

"Our teams have worked very hard to make our buildings more efficient and we have seen tremendous savings. However once the 'low hanging fruit' is accomplished it becomes much harder to assess the needs of a large portfolio and prioritize conservation measures," said Marla Thalheimer, director of sustainability, Liberty Property Trust. "Retroficiency can quickly and cost-effectively rank a large portfolio by true savings potential. They have armed us with valuable information to focus our resources in the most effective way."

Retroficiency determined that overall many of Liberty Property Trust's buildings were indeed efficient, which is not surprising given the REIT's commitment to sustainability and recent recognition as a 2012 ENERGY STAR Partner of the Year. There are however, some buildings with additional savings opportunities. Across the portfolio, Retroficiency identified more than 25 million kWh and $2.3 million of savings potential, across lighting, heating, cooling, controls, plug loads and other end uses.

"The analytics shown in Retroficiency's Virtual Energy Assessment were extremely insightful," said Dennis Skelly, senior property manager, Liberty Property Trust. "The detailed systems-level analysis allowed us to narrow our focus when looking at areas of potential improvement. It prompted us to do a night walk-through to further investigate some of the insights that their system found, and we've already been able to translate this into energy savings."

"For building owners and utilities attempting to drive efficiency across a large portfolio, understanding where and where not to invest resources is critical," said Bennett Fisher, CEO and co-founder, Retroficiency. "The only way to do that effectively is to understand true building potential across the portfolio and generate recommendations on which areas to investigate for better building energy management or systems retrofits."

About Retroficiency, Inc.
Retroficiency enables energy service providers and utilities to cost-effectively prioritize high potential buildings and evaluate thousands of energy efficiency measures in minutes. Our Building Efficiency Intelligence (BEI) platform delivers accurate, actionable insights and recommendations aligned with target goals. Retroficiency is trusted by some of the largest utilities and energy service providers in the world. For more information, please visit www.retroficiency.com.

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