SF Energy Watch Multifamily Plus Success Stories: The Watermark
The Watermark
The Watermark is a 22-story residential property located in downtown San Francisco, built in 2006. It consists of three parking garage levels, two-story townhouse units on Beale St. and Bryant St., and condominiums in the tower above. Amenities include: full-service concierge, fitness center, outdoor full-sized heated lap pool and spa with a patio and barbecue overlooking the Bay.
Through SF Energy Watch, the property management replaced 85 metal halide lamps with energy saving compact fluorescent lights in the parking garage, potentially saving $19,209 per year at current electricity rates. The temperature of the swimming pool was also lowered by 2 degrees, saving an undetermined number of therms per day.
Having an energy assessment conducted was very helpful because it uncovered other energy saving opportunities. The staff of the Department of the Environment assisted The Watermark step-by-step with the rebate process. Since its participation in the SF Energy Watch program The Watermark has seen a great reduction in energy usage, showing a steady decline in kilowatt-hours per day and therms per day.
Benefits include:
- Direct savings to the bottom line
- Timely turnkey services
- Great reduction in energy usage
The Watermark Profile
|
Location |
501 Beale Street in San Francisco |
|
Square Footage |
149,000 |
|
Type of Building |
Multifamily Townhouses and Tower |
|
Energy Efficiency Upgrades |
Lighting |
Savings Snapshot
|
Total Project Cost |
$4,531 |
|
Program’s Incentive |
$3,111 |
|
Customer’s Co-Pay |
$1,420 |
|
Annual Savings |
$19,205 |
|
kW Reduction |
9.82 |
|
Payback |
< 1 month |
