August 23 Lunch & Learn: Managing Energy Expenses and Negotiating Contracts & Rates

By: | July 06, 2018

Energy Contracting for Commercial Real Estate
Hosted by Transparent Energy
Thursday, August 23, 2018
12 – 1 p.m.
69 West Washington; 22nd Floor (Conference Room B)
Lunch will be served!

The Energy Contracting for Commercial Real Estate seminar will take you through the start to finish of the energy procurement process. We begin with basic education – the history of Energy Deregulation in IL, energy jargon and understanding the utility vs supplier. After providing a basic overview of the industry, we will begin to introduce best practices and strategies that successful Chicago Property Managers currently undertake. These strategies include, but are not limited to, bandwidth clauses, add/delete languages, load factor, peak demand, Temperature Degree Days, the importance of load shaving, best practices with a BAS/BMS system and using sustainability measures to save money.

By attending this seminar, attendees will learn about:

  • Utilizing best practices for energy contract negotiation
  • Getting consistently lower energy contract rates
  • Managing the energy expense of your property more efficiently and with more data/analytics

Kyle Warford, Senior Energy Consultant at Transparent Energy
Kyle Warford is a Senior Energy Consultant at Transparent Energy, a technology driven Energy Advisory Firm. Kyle started energy consulting in the Mid-2000’s as a consultant at NUS Consulting. At NUS, Kyle primarily consulted big-box retail and grocery store chains on their energy and sustainability expenses. With Transparent Energy, Kyle specializes in consulting large commercial and residential properties in Greater Chicagoland.  Kyle successfully leverages his expertise with Transparent’s proprietary software systems to provide valuable recommendations to Property Managers of all sizes and help mitigate their risk in volatile commodity markets.

John OConnell, Marketing Manager at Transparent Energy
John O’Connell is a Marketing Manager at Transparent Energy, a technology driven Energy Advisory Firm. John specializes in the data analysis and data visualization for commodities futures, having worked with some of the largest property management firms in Chicago, NYC and several other deregulated states. As a team member of the NYC Mayor’s Office of Sustainability Task Force, John concentrated on utilizing a data-focused approach when evaluating opportunities in new sustainability projects. He and Kyle Warford bring their experience in the public and private sectors to lead Transparent Energy’s Chicago Office.

Lunch & Learn seminars qualify for one Continuing Professional Development (CPD) credit for graduates of the RPA, FMA and/or SMA designation programs. To earn this credit, please register and attend. Then follow up with BOMA/Chicago to request an official CPD certificate.