Commercial Real Estate Manager CBRE Seeks Electric Broker License In New State

January 13, 2020

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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Commercial real estate manager CBRE, Inc. applied for a Maryland electricity broker license to serve commercial and industrial customers in all service areas.

CBRE said in its application that it, "provides a full suite of energy and sustainability services in support of its real estate services platform. Services range from Data Management which includes utility bill administration, benchmarking and energy audits; Commodity Management which includes procurement services, demand response and REC management; Program Management which includes dedicated field resources and project oversight and implementation; and Advisory Services which includes environmental policy development, strategic program planning, LEED and ISO certification services, carbon reporting support and training and awareness program development and implementation."

CBRE said in its application that, "CBRE's energy procurement services will be offered to existing customer relationships already established through the multiple real estate services provided by our company. CBRE is filing this Application out of an abundance of caution, as some of its customers in Maryland have requested separate contracts for energy procurement services, distinct from CBRE's general facilities management contracts."

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