TE Greengineers is in the business of sustainability and new smart technologies services for real estate owners and tenants helping them to improve energy and water efficiency in the building and increase cash flow. Even though we are a young consulting company, we have gained experience working on one of the major players in the real estate industry (our parent company Time Equities Inc.). Our solutions are easy to implement and guarantee the savings.
The pilot project is to sell LED lighting retrofits for their space. Tenants pay their own electric bills. The idea is that we will finance all up-front costs and get the % of savings during 3-5 years. In this case, they don't have to invest in lighting upgrade and will start to save money right away. The other option, tenants can purchase the lights and pay us for the installation and fully take an advantage of their immediate savings.
The program will be rolled over in 2-3 office condominiums in Manhattan.