Singapore property developer City Developments Limited recently completed infrastructure upgrades to its Republic Plaza building, one of Singapore’s tallest skyscrapers, and anticipates an annual energy savings of $712,000 or 4 million kWh.
City Developments expects the 66-story Republic Plaza, in the heart of Singapore’s Central Business District, to recover the retrofitting cost from energy cost savings in five years, or even earlier, should electricity tariff rates continue to increase in the near future.
Read more at Energy Manager Today.