Highwoods Properties: Energy performance

Energy Performance
Cumulative (vs. Baseline) 12%
Annual (2019)3%
PORTFOLIO ENERGY PERFORMANCE

Better Buildings Challenge Partners strive to decrease portfolio-wide source energy use intensity (EUI) and to increase the percent improvement compared to a set baseline. Highwoods Properties consists of 167 buildings and more than 24 million square feet. Partner has improved energy performance by 12% from a 2016 baseline, making progress towards a goal of 20% by 2026. The primary drivers of this savings have been the early returns of a 4-year $17 million builidng controls modernization project, a portfolio-wide effort to upgrade indoor and outdoor lighting with LED technology, and the continued efforts of Highwoods' LiveMeter energy monitoring program.

ENERGY PERFORMANCE BY PROPERTY

Looking at the percent improvement in energy performance across all facilities can provide insight into how an organization is saving energy. Highwoods Properties has achieved energy performance improvement of greater than 10% at 77 of its properties. There are 25 properties that have experienced an increase in Source EUI.  These properties have been targeted for future energy efficiency improvements.

IDENTIFYING OPPORTUNITIES FOR IMPROVEMENT

Property-level energy performance metrics, including EUI and percent improvement to date, are critical to track progress over time and identify opportunities for additional energy savings. Highwoods Properties portfolio consists of properties with a wide range of baseline EUI values, most of which are from 100 to 250 kBtu/sq. ft. The majority of properties have shown energy improvement since 2013. The properties located near or below the 0% axis may present good opportunities for further savings.