AES Indiana saves Buckingham Companies more than $300,000 through its energy efficiency programs

October 6, 2022

AES Indiana, a subsidiary of the AES Corporation, and Buckingham Companies, announced today the completion of an energy efficiency effort that saved the full-service real estate firm more than $334,000 in energy savings products and rebates. The project is projected to save the company more than 2.4 million kWh annually. The companies will celebrate with a check presentation on Friday, October 7, 10:00 AM.

Benefits and upgrades included comprehensive energy audits, direct installation of 5,097 no-cost energy-saving products, as well as a range of custom incentives and prescriptive rebates. Since the beginning of the collaboration, the total number of participating properties has grown from 10 to 18. CityWay is the latest property to receive upgrades and is expected to save approximately 430,000 kWh per year, which equates to approximately $60,000 annually.

WHAT: Check presentation: Residential and Custom Projects Collaboration with Buckingham Companies and AES Indiana

WHEN: Friday, October 7, 10 AM

WHERE: Buckingham Companies Corporate Office, 941 N Meridian St., Indianapolis, IN

WHO: Katie Vrabel, Director of Sustainability, Buckingham Companies and Mark Houdek, Manager Customer Service, AES Indiana

“It’s exciting for us to work with a partner whose focus is ensuring its buildings are as energy efficient, comfortable and sustainable as possible, which is what Buckingham has done,” said Mark Houdek, Manager Customer Programs, AES Indiana. “Energy efficient improvements is one of the strategic and innovative ways we work with customers to boost their profits and performance.”

“Through participation in available AES Indiana programs, our commercial and residential tenants have benefitted greatly by lowering overall building usage, realizing significant energy savings and lowering greenhouse gas emissions” said Katie Vrabel, Director of Sustainability, Buckingham Companies. “Coordination with the AES staff was turnkey, and we were thrilled the partnership resulted in multiple solutions for our Indianapolis area properties.”


About AES Indiana

AES Indiana, an AES Company, provides retail electric service to more than 500,000 residential, commercial and industrial customers in Indianapolis, as well as portions of other Central Indiana communities surrounding Marion County. During its long history, AES Indiana has supplied its customers with some of the lowest-cost, most reliable power in the country. For more information about the company, please Connect with AES Indiana on Twitter, Facebook, and LinkedIn. For more information about how AES Indiana helps customers save through energy efficiency, visit


About Buckingham Companies

Founded in 1984, Buckingham Companies is a fully integrated real estate investment firm specializing in the development, acquisition, management, and construction of multifamily, mixed-use, commercial and hospitality projects across the United States. Buckingham currently owns or manages a portfolio of over $2.6 billion of real estate for its own account and institutional partners. Buckingham has managed more than 125 properties, more than 28 million square feet, and over 25,000 rental units nationwide. The Indianapolis-based company has over 350 employees. Additionally, the affiliated Buckingham Foundation annually supports more than 50 nonprofit and civic organizations through philanthropic outreach in the areas of affordable housing, community and economic development, and arts and culture. For more information, visit