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All Press Releases for June 26, 2002 Subscribe to this News Feed    
 

GENERGY IDENTIFIES OVER $1.5M OF ADDITIONAL ENERGY INCOME FOR TRIZEC PROPERTIES

Genergy, Inc. provides energy services using its gEnergyOneTM system which identifies over $1.5 Million of additional energy revenue for Trizec's NYC properties this year.

NEW YORK, NY --- As a direct result of the use of its gEnergyOneTM suite of services for Trizec Properties, Genergy, Inc., the leading provider of energy management/technical data services for the commercial building industry, has identified over $1.5 Million of additional energy revenue for Trizecs NYC properties this year.
   Davide Gristina, COO of Genergy, led the survey, which inventoried Trizecs capital equipment and associated energy loads, portfolio-wide, and compared the information with the existing tenant-generated energy revenues. Genergy performed a detailed analysis of current energy operating conditions and uncovered previously un-tapped opportunities to increase revenue and reduce costs," Davide explains. While continual technology advances in office equipment have made additional energy usage common, many property owners and managers have yet to take advantage of the opportunity to reclaim the additional expenses. Although some owners may be successfully recouping energy costs, they are unaware of the potential to recover a much higher percentage."
   The patent-pending gEnergyOne Real Time Energy Management & Information System tracks revenue and expenses by the minute, while arming clients with valuable property-specific statistics and data. It is the first comprehensive energy management and information service product in the business, and is the result of many years of energy consulting and engineering experience. Gerard V. Schumm, RPA, Vice President of Trizecs Eastern Region and coordinator of its national energy program states, The gEnergyOne system is proving to be an extremely valuable tool and has provided tremendous assistance in the management of energy throughout our New York area portfolio. We are currently discussing a more extensive regional and national rollout program with Genergy."
gEnergyOne offers clients an exclusive blend of field services and technology capable of assisting them with Energy Purchasing, Utility Distribution Grid Management, Revenue Generation, Cost Analysis, Budgeting and Forecasting, and energy savings and efficiency. All of this is uniquely accessible through a secure web site, which clients use to access real-time information. Additionally, in-house professional engineers and electrical consulting specialists support all Genergy products and services.

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CONTACT INFORMATION
Leo Cutone
Genergy, Inc.
(212)664-7600
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