REPORT FROM Hawaii’s Energy Smart Initiative — On May 29, 2012, Hawaii residents joined Lieutenant Governor Brian Schatz, Marine Colonel Brian P. Annichiarico, Navy Captain Jeffrey W. James, Forest City Military Communities and Hawaii Energy, the energy efficiency and conservation program for Hawaii, Honolulu and Maui counties, as they launched Hawaii’s Energy Smart Initiative. Through the Energy Smart Initiative, Hawaii Energy and Forest City expect to achieve a 1.3 million kilowatt hour (kWh) energy reduction per year.
The Energy Smart Initiative has already played a significant role in helping Forest City’s Navy and Marine housing to reduce overall electricity use by 674,956 kWh, as compared to the same two-month period last year (June and July). Forest City Military Communities reduced its electricity use, on average, by 58 kWh per occupied housing unit each month in June and July. The 674,956 kWh reduction is equal to approximately $147,125 in savings.
“The Energy Smart Initiative represents one of the first large-scale efforts on Oahu to transform an entire residential community to achieve an energy-efficient lifestyle,” said Hawaii Energy Program Manager Ray Starling. “I applaud each and every Forest City employee and resident for helping to make this initiative a success from the very start. In addition, I encourage all electric utility customers in the three counties – whether a part of this initiative or not – to actively battle high electricity bills by taking advantage of numerous rebates and low-cost conservation ideas that Hawaii Energy offers.”
With Hawaii families paying the highest electricity rates in the nation, Forest City residents are contributing to significant energy and financial savings and are helping the State of Hawaii to achieve its clean energy goals. The Energy Smart Initiative is also in alignment with the Department of Defense and Department of the Navy’s energy conservation initiatives to reduce dependence on imported oil and other fossil fuels.
“I encourage every Forest City household to participate in the Energy Smart Initiative,” added Forest City Vice President Will Boudra. “By helping to build energy smart communities, Forest City residents can save money and aid in the energy security of our state and our nation.”
Forest City Military Communities, in partnership with the Department of the Navy, manages, maintains and revitalizes neighborhoods on and around military bases in Hawaii, including Pearl Harbor, Marine Corps Base Kaneohe and neighboring installations. With over 36 neighborhoods, and 6,700 homes under management, Forest City is dedicated to the singular vision of enhancing the quality of life for military families through superior homes and welcoming neighborhoods.
For more information about the Energy Smart Initiative, Forest City or Hawaii Energy, please visit HawaiiEnergy.com/ForestCity.
About Hawaii Energy
Hawaii Energy is a ratepayer-funded conservation and efficiency program administered by SAIC under contract with the Hawaii Public Utilities Commission, serving the islands of Hawaii, Lanai, Maui, Molokai and Oahu. Hawaii Energy offers cash rebates and other incentives to residents and businesses to help offset the cost of installing energy-efficient equipment. In addition to rebates, the program conducts education and training for residents, businesses and trade allies to encourage the adoption of energy conservation behaviors and efficiency measures. The program plays an important role in helping to achieve Hawaii’s goal of reducing total electric energy usage by 30 percent or 4.3 billion kWh by 2030. For more information, visit www.HawaiiEnergy.com.
About Forest City Hawaii
Forest City Military Communities in Hawaii is now managing over 6,700 homes for Navy and Marine families. A majority of the homes will be demolished and built anew or fully renovated resulting in a development budget exceeding $1.7 billion, excluding reserves. As part of its Public-Private Venture (PPV) partnership with the Department of the Navy, FCMC Hawaii is rebuilding approximately half of the total inventory of 6,788 military family housing units across 36 neighborhoods on Oahu and Kauai. In addition to all planning, financing, construction and renovations, Forest City also provides ongoing leasing, operations and maintenance for the properties and residential communities.
Forest City Enterprises, Inc. is a $10.5 billion NYSE-listed national real estate company. The company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States. For more information, visit www.ForestCity.net.