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141 Demo Street·Industrial · Bay 04·Meridian Capital·Closed 2025-02-14 · 14 mo in
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MANAGE · Utilities / BAS

The savings claim is now backed by 12 months of bills.

ACQUIRE flagged this as weakly supported. MANAGE has now accumulated enough post-upgrade data to verify or refute the 12% utility-savings claim — and to attribute variance to controllable causes.

T-12 spend
$306K
vs $324K baseline (−5.6%)
kWh (rolling 12mo)
1.94M
−7.2% vs prior 12mo
Therms (rolling 12mo)
23.0K
−4.1% vs prior 12mo
BAS coverage
85%
Bldg A & B · C pending

12-month consumption & spend

kWh + therms · total spend

kWhThermsSpend
Jun'25
Jul'25
Aug'25
Sep'25
Oct'25
Nov'25
Dec'25
Jan'26
Feb'26
Mar'26
Apr'26
May'26
Spend · $22-34K/mo

Anomalies

After-hours HVAC runtime in Bldg B (40% above schedule)
BAS schedule 22:00-06:00 · actual avg 23.4% runtime · occupancy sensor confirms empty
Build case+$112K/yr
Common-area electric — Bldg C unmetered load
Meter gap from Feb 12-26 · vendor estimate
Needs review+$18K/yr
Natural gas spike — Dec 2025
Dec therms 19% above 24mo mean · possible billing error
Dispute−$8K/yr

Savings claim — verification

Inherited from ACQUIRE · carry-forward to EXIT

Seller's claim

12% utility savings, durable for 5 years, anchored to BAS recommissioning and LED retrofit completed Q4 2024.

Source: seller underwriting memo · 2024-09-12
What MANAGE shows

T-12 spend is 5.6% below the 12-month pre-upgrade baseline — real, but smaller than the 12% claim. Half the gap is the BAS recommissioning; the other half is the LED retrofit. Pre-period itself was abnormally high.

Source: Yardi GL · utility bills · BAS logs · 12mo of operating data
Adjustment recommendedReset savings claim to 5.6% durableand commission M&V report before relying on this in EXIT.