{"query_echo":{"q":"","filters":{"geography":["Greenwood Village"]},"warnings":[{"code":"facet_value_not_in_vocabulary","message":"Value 'Greenwood Village' for facet 'geography' is not in the controlled vocabulary."}]},"total":{"value":1,"relation":"eq"},"page":1,"page_size":20,"self":"https://climateinsightsdirectory.org/api/v1/search?geography=Greenwood+Village","stability":"beta","ai_marking":{"digital_source_type":{"uri":"http://cv.iptc.org/newscodes/digitalsourcetype/trainedAlgorithmicMedia","name":"Created using Generative AI"},"notice":"Summary and key insights are generated using artificial intelligence."},"results":[{"id":"rmi-000171","url":"https://climateinsightsdirectory.org/document/rmi-000171","title":"An Existing Building Portfolio on a Path to Net-Zero Energy","publisher":{"name":"RMI","organization":"rmi"},"document_type":"case study","language":"en","date_published":"2018-04-16","source_url":"https://rmi.org/resources/an-existing-building-portfolio-on-a-path-to-net-zero-energy/","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The John Madden Company (JMC) implemented a $7.1 million energy efficiency project for two buildings in Greenwood Village, Colorado, achieving 30 percent energy savings. By utilizing Commercial PACE (C-PACE) financing, JMC overcame the 'split incentive' problem common in leased buildings, as the loan is repaid as a property tax assessment rather than an operating expense. The project bundled high-efficiency rooftop units with shorter-payback measures like advanced submetering and controls to ensure the investment remained cost-neutral for tenants from day one. The C-PACE mechanism allowed for an 18-year simple payback period, reducing risk for the owner because the loan remains attached to the property regardless of ownership changes.","ai_generated":true,"unit":"rmi-000171#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"The John Madden Company (JMC) completed a C-PACE project costing $7.1 million that is projected to generate $385,000 in annual energy and maintenance savings, resulting in a 30 percent energy reduction across two buildings.","ai_generated":true,"unit":"rmi-000171#insight-1","date_modified":"2026-10-23"},{"text":"Commercial PACE (C-PACE) financing allows building owners to pursue projects with longer payback periods—such as the 18-year simple payback in this case—because the loan is a special assessment on the property tax bill and remains with the property if ownership changes.","ai_generated":true,"unit":"rmi-000171#insight-2","date_modified":"2026-10-23"},{"text":"C-PACE financing resolves the 'split incentive' issue in leased buildings by allowing landlords to pass the full cost of efficient equipment upgrades to tenants as a tax assessment rather than an operating expense, avoiding rent increases.","ai_generated":true,"unit":"rmi-000171#insight-3","date_modified":"2026-10-23"},{"text":"To maintain cost-neutrality for tenants, JMC bundled long-payback items, such as rooftop unit replacements, with shorter-payback efficiency measures including advanced submetering, new controls, evaporative condensers, and lighting improvements.","ai_generated":true,"unit":"rmi-000171#insight-4","date_modified":"2026-10-23"}],"climate_tags":["sustainable energy","energy efficiency","climate finance","Building retrofit","heating, ventilation, and air conditioning"],"geography_discussed":["United States"],"frame_perspective":[],"analysis_type":["case study"]}]}