With more than 3.5 million square feet of commercial property in downtown Kansas City, MC Realty Group is well-known for its success in revitalizing dozens of abandoned and obsolete buildings. But in recent years, the parent company of DST Realty Inc. and Financial Holding Corp. has quietly made energy efficiency a priority within its portfolio of historic, renovated properties.
“We were looking for ways to make our properties safer, more comfortable, and more energy efficient for our tenants,” MC Realty Vice President of Operations Tom Corso said. “We realized that one of the few costs we can control is energy.”
MC Realty has worked closely with KCP&L to identify, prioritize and complete 31 energy efficiency projects in recent years, taking advantage of the utility’s substantial rebate program. By improving HVAC and cooling towers and adding energy saving features like LED lighting to parking garages and elevators, the upgrades have earned MC Realty almost $2 million in rebates from KCP&L and saved its properties an estimated 4.2 million kWh a year.
In addition to cutting energy costs, MC Realty has saved money on maintenance and replacement expenses because LED lighting lasts longer than old lamp or ballast lighting.
“I’d highly recommend KCP&L’s rebate program to other property management firms,” Corso said. “It’s very simple, and they’re easy to work with. Projects that didn’t make sense beforehand make sense after the rebate.”
For more information about the rebate program, visit kcpl.com/mybusiness.