$1.23 million in improvements will enable a 1980s Brisbane office block to cut its base building electricity consumption by nearly 50 percent.
A 1980s Brisbane office block is cutting its base building electricity consumption by nearly 50 percent through $1.23 million in improvements. Low Carbon Australia provided finance for about $735,000, with the remaining amount being sourced through the Australian Government’s Green Building Fund.
Development manager, Trans Action Property Services anticipates that these energy efficiency upgrades to 247 Adelaide Street will take the seven-storey property from a 0 rating under NABERS to targeting four stars. According to Marc Stuart, director of Trans Action, the base building improvements are expected to result in reduced electricity consumption of 49 percent. He adds that the facility’s new equipment enabled the building owners to benefit from incentives offered by Energex for reducing peak demand.
The project involved installing high efficiency air-cooled chillers, new pumps and variable speed drives, a new mechanical switchboard, solar thermal HVAC units and LED lighting. “The cost of capital can be a barrier to these sorts of projects, but with incentives available, upgrading can be a win-win for everyone,” Stuart concludes.