2 min read

TRECs Rescue NJ Solar From Extinction

By 5 on June 24, 2020

In 2018, the State of New Jersey passed The Clean Energy Act which requires that 100% of the electricity in the state come from renewable power sources by 2050. For over 15 years, New Jersey has had a vibrant solar power market with structures and incentives that expanded the amount of solar output from 4.3 MWs in 2004 to 2,908 MWs in 2019. 

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Topics: Markets PJM Education Renewables
1 min read

McLean Packaging Commits to Completely Renewable Energy

By 5 on May 28, 2020

Moorestown, NJ - May 28, 2020

McLean Packaging, a turnkey provider of rigid set boxes, folding cartons, corrugated displays and thermoformed packaging solutions with emphasis on the beauty and personal care sectors, has contracted with national energy advisory firm 5 and ENGIE Resources, LLC on a five-year energy agreement that supports the development of renewables. The deal supports McLean’s zero carbon transition and sustainability goals which include sourcing 100% of its electricity from renewable resources.

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Topics: Clients Procurement Sustainability Press Renewables
3 min read

Billingsley Company Partners with 5 and TXU Energy on Renewable Energy Strategy

By 5 on April 3, 2020

Dallas, TX - April 4, 2020

As an industry leader in real estate development and property management, Billingsley Company has a robust and diverse portfolio throughout Texas. Now, with the help of energy advisory company 5, and TXU Energy, the firm has landed a deal of a different kind: a long-term energy contract utilizing 100% renewable energy sources that will yield significant cost reductions.

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Topics: Clients Procurement Sustainability Press Renewables
2 min read

Fort Worth Museum of Science and History Partners with 5 & TXU Energy

By 5 on March 2, 2020

Fort Worth, TX - March 2, 2020

The Fort Worth Museum of Science and History has powered its way to energy cost reductions and a cleaner energy future by executing a new 100% renewable electricity agreement with TXU Energy through its partnership with the energy advisory firm 5.

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Topics: Clients Procurement Press Renewables
1 min read

Client Spotlight: Western Carriers, inc.

By 5 on February 20, 2020

Western Carriers, Inc. is one of the leading warehousing and transportation service providers to wine and spirits importers, wineries, wholesalers, retailers, restaurants, and private collectors in North America. The company stores more than 159 million cases in almost 3 million square feet of warehousing space, exclusively dedicated to wine and spirits in New Jersey. 

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Topics: Clients Procurement Renewables
2 min read

Client Spotlight: Irving Convention Center

By 5 on January 30, 2020

Click here for the downloadable PDF. 
 

The Opportunity

Prior to partnering with 5, the Irving Convention Center (ICC) had procured energy by issuing RFPs directly to suppliers. While this process met their basic needs, the ICC lacked the time and tools to track and analyze market conditions or conduct usage analyses that would allow the facility to capitalize on periodic market fluctuations. As a result, the ICC had little opportunity to reduce baseline energy costs or pursue operational efficiencies. Additionally, the ICC had initiated a new lighting project but lacked the funding to complete it.

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Topics: Clients Case Studies Videos Procurement Renewables
2 min read

Client Spotlight: Royal Holiday Group

By 5 on October 24, 2019

Royal Holiday Group has more than 35 years of experience in the national and international tourism industry. It is an owner and operator of Royal Holiday Vacation Club and Park Royal Hotels & Resorts, a hotel chain with 14 resorts in Mexico, Argentina, Puerto Rico and Florida in the United States. Park Royal Hotels and Resorts caters to travelers that are looking for a luxurious beach destination with their Grand Park Royal resorts, a family-friendly resort with their Park Royal line or their Park Royal City group of hotels which offers a more urban hotel setting.

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Topics: Clients Procurement Sustainability Renewables
4 min read

Can Renewable Power Projects Get Built Outside of Texas?

By 5 on September 19, 2019

Many states throughout the country, especially along the East Coast, have aggressive plans to construct solar and wind farms to produce electricity.  States such as New York and Maryland have established mandates that will require up to 50% of the electricity in those states to come from renewable sources over the next 10 to 15 years. And while these goals are admirable, the facts are that strong, sustained winds and lots of sunshine are not abundant in the Northeast.  Additionally, there are plenty of opposition groups that, may ultimately, block these initiatives which will require new transmission lines to distribute this electricity.

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Topics: Markets ERCOT Renewables
2 min read

Fort Bend ISD Partners with Energy Innovator, 5, Powering Energy Cost Reductions for the District

By 5 on September 10, 2019

Sugar Land, TX -  September 10, 2019

Fort Bend Independent School District (FBISD) has powered its way to significant energy cost reductions and a cleaner energy future by executing a new 100% renewable electricity agreement, facilitated through a new partnership with energy advisory firm 5.

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Topics: Clients Procurement Press Renewables
1 min read

Client Spotlight: Waterside Plaza

By 5 on July 31, 2019

Waterside Plaza is a luxury rental community in one of the most desirable neighborhoods in New York City. Located in the Kips Bay section of Manhattan, Waterside Plaza is comprised of four residential towers with nearly 1,500 units and retail space that serves the community. The complex is adjacent to the United Nations International School and is situated on the East River.

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Topics: Clients Procurement Sustainability Renewables