Hempel Properties selects Twin Cities’ EnergyPrint to provide energy benchmarking

ST. PAUL, Minn. (June 2010) – Minneapolis-based Hempel Properties, a developer of retail, hospitality, office, multi-family and industrial properties, has selected Twin Cities’ EnergyPrint to provide energy data management services for Hempel’s commercial buildings.

Hempel Properties (www.hempelproperties.com) owns and manages more than 1.2 million square feet of retail, industrial and office space.

Founded in September 2009, Minneapolis-based EnergyPrint (www.EnergyPrint.com) anticipates this year to become one of the top benchmarking services in the United States. EnergyPrint provides energy benchmarking for hundreds of commercial buildings managed by such companies as Wellington Management, Kraus-Anderson Realty and NorthMarq.

“Our goal is to reduce expenses and keep our portfolio profitable,” said Joshua Krsnak, Hempel Properties executive vice president. “We focus on a strategy that reduces our energy consumption and carbon emission across all of our properties. EnergyPrint provides us with an easy-to-use tool for benchmarking energy consumption and for identifying areas where we can make changes to save energy.”

EnergyPrint believes the opportunity for corporations to save money on energy consumption and to control costs for the future is huge. Its energy management software measures energy consumption in buildings in order to prepare managers to make informed decisions and to change current and future consumption trends. It offers new energy benchmarking data analysis that empowers companies to manage energy consumption, reduce costs and lower their carbon footprint.

According to the 2006 Annual Energy Review, there are nearly five million commercial buildings which accrue energy costs of approximately $35,500 per building. About half of all commercial buildings are owner-occupied or single tenant, meaning that the primary tenant occupies the property and directly pays the utilities for the property. Between 70-80 percent of the energy consumed in buildings is used by the heating, cooling, ventilating and lighting systems. Projections by the Energy Information Administration (EIA) expect energy consumption to increase another 50 percent by 2030.

 

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