The Sustainable Real Estate Solutions, Inc. (SRS) leadership team, comprised of veterans with 25+ years’ experience in the commercial real estate information services market, has a proven track record developing cutting edge technology solutions. Since 2010, SRS has pioneered new cloud-based building energy performance assessment, project optimization, and investment underwriting solutions through its proprietary software, data and analytics platform.
In 2012, based on SRS’s deep experience in the commercial property energy efficiency industry, the Connecticut Green Bank selected SRS to support the development and implementation of the country’s first statewide Commercial Property Assessed Clean Energy (C-PACE) program. C-PACE programs are designed to overcome the barrier of significant upfront costs for energy efficiency projects by offering commercially attractive financing.
In such programs, projects are typically designed so that the estimated energy cost savings over the useful life of the improvements outweigh the investment. SRS’s challenge and responsibility was to develop a technology-enabled energy efficiency project development, optimization, and quality assurance underwriting process designed to meet three key objectives: