SRP's new construction program encourages sustainability and cost savings
Booming development throughout Phoenix makes having a partnership that encourages sustainability and lowering costs a major advantage for construction companies. Knowing this, Salt River Project (SRP) created the New Construction Solutions Program to ensure project teams have the support needed to complete energy-efficient, sustainable and cost-effective buildings.
Ryan Companies partners with SRP
Ryan Companies, a full-service real estate company, recently shared their experience with SRP's new construction program and the benefits yielded from their partnership.
'Our goal is to build impactful projects for people to live, work and play in,' says Molly Carson, executive vice president and market leader of Ryan Companies' Southwest Region.
SRP's construction-tailored initiative aligns with Ryan Companies' goal to create desirable and cost-effective projects, ultimately making them energy-efficient for their clients as well.
'SRP walked us through the rebate program, the process and benefits,' Carson explains.
To maximize overall cost savings, the SRP new construction program unites key stakeholders — building architects, engineers and building owners, as examples — early in the project design stage. 'Our developers, property managers, accountants — everyone — got to hear the same thing at the same time, which makes things a lot easier and more streamlined on our side.'
Carson says that having a dedicated SRP strategic energy manager (SEM) added to the ease of the process, from learning about eligibility to rebate implementation. 'The availability of a human being is key — just being able to talk to someone if we had any questions was fantastic,' she says.
Rebate pathways and plus-sides
SRP's new construction program offers several rebates to encourage energy saving measures. Members of the EDA service team can receive up to $50,000 at $0.08/kWh of verified savings. Design team rebates, ranging from $10,000 to $15,000 based on building size, help off-set the costs of involving essential project members like owners, architects, contractors and engineers.
Ryan Companies recently worked with SRP for the Confluence project in Mesa, completing the last three of a nine-building project, taking advantage of the new construction rebate program.
'Who doesn't love a rebate or trying to do the right thing working towards energy efficiency?' Carson asks, adding that rebate opportunities save the company thousands of dollars.
Builders to business owners: Everyone saves
Carson and her Ryan Companies team acknowledge how by SRP's construction program passing on energy savings, property managers can offer more competitive lease rates, benefiting tenants and attracting quality businesses.
Carson explains that this lifecycle enables Ryan Companies to 'attract great businesses and be as competitive as possible.'
As for future demand of energy-efficient, cost-saving solutions such as SRP's new construction program, Carson closes with this: 'I think it will only continue to grow. Together we encourage, push and challenge each other to continue to rise up to these occasions in a manner where we can continue to attract great businesses and be as competitive as possible.'
For more information on how your project can benefit from SRP's New Construction Solutions Program (including eligibility and participation information), contact your strategic energy manager or our new construction administrator, Humayun Kabir, at 480-768-3905 or hkabir@resourceinnovations.com.
Erin Thorburn is an accomplished writer, journalist, photographer and illustrator with over 20 years of experience covering business travel and lifestyle trends in the Southwest. She is the founder and editor of The Best of the Southwest. Additionally, she contributes to publications like AZ Business, AZ Business Leaders, AZRE and Experience AZ magazines.
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