Key Project Results
Since its founding in 1988, New Jersey-based Ferreira Construction has grown to become one of the nation’s premier contractors, specializing in Civil, Power and Utility, and Marine construction.
As part of the company’s commitment to sustainability—and to meet statewide greenhouse gas reduction goals—Ferreira set out to create a net-zero commercial building for its new 42,000 square-foot corporate headquarters.
The company needed a monitoring solution that could leverage its investment in solar panels while also tracking the building’s energy consumption. American Energy Services’ Advanced Monitoring System delivered the tools the company needed to meet and exceed its energy goals.
Ferreira completely eliminated its $100,000 annual energy bill AND was able to generate $50,000 in annual cash flow by supplying excess solar energy to the grid.
The Advanced Monitoring System installed optimized the performance of the renewable energy system, and the energy savings from varied energy conservation projects were measured and verified in real time.
Achieving net-zero status enabled Ferreira Construction to move from spending $2.31/sq ft in utility bills to generating $1.11/sq ft per year in cash flow by supplying excess renewable energy, back to the grid, plus the additional solar renewable credits.
Upon completion, Ferreira’s headquarters claimed the title of first net-zero electric commercial building in the United States.
Location: Somerville, NJ
Challenge: To create a net-zero commercial building for its corporate headquarters.
Solution: Advanced monitoring system to track energy consumption and eliminate unnecessary costs.
Results: A 83% reduction in carbon footprint which allowed Ferreira Construction to reduce energy costs by $100,000 annually and generate $50,000 in annual cash flow.