In 1999, CarrAmerica unveiled a comprehensive energy management program through an agreement with DukeSolutions, establishing the company as a pioneer in energy management in a newly deregulated marketplace. The program, developed for CarrAmerica’s 326 owned and/or managed office properties, is expected to produce gross energy savings of $60 million over the next ten years. DukeSolutions will track, analyze and report on energy usage through real-time web-based technology and provide CarrAmerica with electric or gas commodity options. CarrAmerica spent two years researching and analyzing the dynamic effects and opportunities confronting the commercial real estate industry in the wake of deregulation before making the move—which is believed to be the most comprehensive energy alliance in the commercial real estate industry. “Our research efforts have paid off,” says Rich Greninger, Managing Director, Operations. “The comprehensive and progressive nature of this program is significantly more advantageous to our customers and shareholders than others we’ve analyzed.”