In 2020, a midstream oil services provider approached 5 to help manage the electricity for a new facility that was ramping up its operations in the Midland Basin. This new facility gathers and stores crude oil from various wellheads in West Texas and connects it to local refineries through its pumping stations. Most of the electricity at this midstream facility is used to power a series of 200 to 400 HP variable frequency drive motors that will deliver more than 100,000 barrels per day to several downstream delivery points. This client hired 5 to help in modeling the electricity usage as the facility went into operations and gradually increased its pumping capacity. The rapidly fluctuating demand for crude oil during the pandemic added to the complexity of forecasting and budgeting this facility’s energy costs and consumption.

NEW YORK - February 3, 2021

Empire State Realty Trust, Inc. (NYSE: ESRT) today added to its industry leadership in sustainability with the purchase of renewable wind electricity for its entire commercial portfolio. A new three-year contract with Green Mountain Energy makes ESRT the nation’s largest 100% user of green power in real estate.

The Trinity River Authority (TRA) was formed by the Texas legislature in 1955 to provide clean water to the communities within the Trinity River Basin. Based in Arlington, TRA serves an area of nearly 18,000 square miles, which includes all or parts of 17 counties and 60 cities. TRA owns and operates four water treatment and supply facilities and five wastewater treatment facilities across its jurisdiction that provide clean and safe drinking water to and protect water quality for the millions of residents of the Trinity River Basin. TRA also owns and operates Lake Livingston, which provides a major source of supply to the City of Houston, and as a local sponsor for three multiple-purpose lakes operated by the U.S. Army Corps of Engineers.

Throughout the rollercoaster of the past year, it is always a pleasure to share positive news that impacts school districts. Recently a new pool of Federal stimulus dollars was earmarked for HVAC upgrades in K-12 schools and many school districts qualify. 

It takes a lot of energy to produce energy. Natural gas and oil producers use significant amounts of both natural gas and electricity to extract, process, and transport the raw materials that are ultimately refined into various sources of energy and fuels. In 2012, an oil and gas producer in Texas turned to 5 for assistance in managing their electricity supply. This company required a robust and dynamic way of managing its electricity expenses given that its own revenues are closely correlated to volatile oil and gas prices.

The Junior Tennis Champions Center (JTCC) is a nonprofit organization committed to transforming lives through tennis for residents of the greater Washington DC area. Their mission is to grow the game of tennis and create a lifetime sport for everyone. This unique organization serves as much more than an athletic training facility as the JTCC School prepares students for academic success through the Champions Program, an after-school and full-time program for players 10 and older. The results of the JTCC approach speak for themselves as many graduates are well-prepared for the rigors of playing top collegiate tennis and pursuing their education at a wide range of leading colleges and universities across the country.

Cold Spring Harbor Laboratory (CSHL), founded in 1890, is a world-renowned, private research and education institution with research programs in cancer, neuroscience, plant biology, quantitative biology, and bioinformatics and genomics. The research environment is highly collaborative, allowing CSHL scientists work together across disciplines to solve biology’s most challenging problems. The ultimate goal is to apply this research on basic biological mechanisms to improve the diagnosis and treatment of cancer, neurological disorders and other diseases. The campus has been home to eight Nobel Laureates and is ranked by Thomson Reuters as #1 in the world among the leading basic research institutions in molecular biology and genetics. The Laboratory selected 5 to assist in managing the facility’s energy requirements while keeping energy expenses low through a strategic procurement strategy, which allowed more funding for their critical research.

A large financial institution with multiple facilities across the country began to work with 5 in 2016 to create a more substantive approach to managing its electricity costs. Prior to hiring 5, this Fortune 500 company waited until the end of its current electricity agreements before considering renewal opportunities.

Built in 1985 and originally known as the Belo Building, 400 Record is a 17-story, 235,000 square-foot property in downtown Dallas. Over the last several years, 400 Record has undergone extensive renovations and today is an iconic part of the Dallas skyline. In 2016, the property began a massive renovation that included a redesign of the entire first floor to accommodate a new restaurant, Bullion, which has become one of Dallas’ top restaurants.

More than 300,000 people live in poverty throughout the Dallas metroplex and CitySquare aims to change that. CitySquare is a non-profit that fights the causes and effects of poverty through service, advocacy, and friendship. Today, the organization’s services include a comprehensive array of social services that address four key areas related to the persistence of poverty: hunger, health, housing, and hope.