Dallas, TX - April 4, 2020

In late 2018, a world-class academic medical center in NYC engaged Luthin Associates, 5’s regional brand in the tri-state area, to process Gross Receipts Tax (GRT) refunds. This hospital group has already come to expect excellence when working with our team through various programs and projects that we were doing on an ala carte basis. After only a few years of the GRT program, the hospital system had already realized over $700,000 in refunds.

Fort Worth, TX - March 2, 2020

The Fort Worth Museum of Science and History has powered its way to energy cost reductions and a cleaner energy future by executing a new 100% renewable electricity agreement with TXU Energy through its partnership with the energy advisory firm 5.

Western Carriers, Inc. is one of the leading warehousing and transportation service providers to wine and spirits importers, wineries, wholesalers, retailers, restaurants, and private collectors in North America. The company stores more than 159 million cases in almost 3 million square feet of warehousing space, exclusively dedicated to wine and spirits in New Jersey. 

The Opportunity

Prior to partnering with 5, the Irving Convention Center (ICC) had procured energy by issuing RFPs directly to suppliers. While this process met their basic needs, the ICC lacked the time and tools to track and analyze market conditions or conduct usage analyses that would allow the facility to capitalize on periodic market fluctuations. As a result, the ICC had little opportunity to reduce baseline energy costs or pursue operational efficiencies. Additionally, the ICC had initiated a new lighting project but lacked the funding to complete it.

The Fort Worth Zoo was founded in 1909 with one lion, two bear cubs, an alligator, a coyote, a peacock and a few rabbits. It is the oldest, continuously operating zoo in Texas. From these humble beginnings, the Zoo has grown into a nationally recognized facility, housing more than 7,000 native and exotic animals, representing more than 500 species.

The City of Mansfield looked to 5 to help identify better ways of purchasing electricity and operating their facilities. This included moving away from a municipal aggregation and into a favorable supply contract that will save the city approximately $9 million in electricity expenses. 5 also worked with the city to improve the operations of its water treatment plant. Adjustments to the operating profile of the main water pumps and training provided to the staff reduced demand charges by over $100,000. 5’s energy expertise enabled the City of Mansfield to significantly lower their operating expenses and improve the efficiency of the water utility that serves the city.

Royal Holiday Group has more than 35 years of experience in the national and international tourism industry. It is an owner and operator of Royal Holiday Vacation Club and Park Royal Hotels & Resorts, a hotel chain with 14 resorts in Mexico, Argentina, Puerto Rico and Florida in the United States. Park Royal Hotels and Resorts caters to travelers that are looking for a luxurious beach destination with their Grand Park Royal resorts, a family-friendly resort with their Park Royal line or their Park Royal City group of hotels which offers a more urban hotel setting.

Sugar Land, TX -  September 10, 2019

Fort Bend Independent School District (FBISD) has powered its way to significant energy cost reductions and a cleaner energy future by executing a new 100% renewable electricity agreement, facilitated through a new partnership with energy advisory firm 5.

Fort Worth based Crescent Real Estate LLC is a real estate operating company and investment advisor with assets under management, development, and investment capacity of more than $10 billion. Notable assets include: The Ritz-Carlton, Dallas, The Luminary (Dallas), Westshore Grand Hotel (Tampa) and Canyon Ranch Resorts.