Financing AER’s: Opportunistic Retrofits and the Tenant Improvement Process


Publication Date: Jul 10, 2013

Tenant Improvements: A Working Definition

Changes made to the interior of a commercial or industrial property by its owner to accommodate the needs of a tenant such as floor and wall coverings, ceilings, partitions, air conditioning, fire protection, and security. Who bears what portion of TI costs is negotiated between the lessor and the lessee, and is usually documented in the lease agreement.

Until now, an overlooked sector of the EE building market, but… Growing recognition that the TI process presents significant opportunities for cost-effective energy savings at relatively little incremental cost.

The Big Areas of Focus
Lighting – Design, Products and Controls
Plug Loads
Metering and Monitoring

Consortium Member(s): The Pennsylvania State University

Project contact: CBEI

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