For large commercial buildings, power load delivery limits are contracted with the local electricity distribution utility, and are usually fixed at one or more levels over the year, according to the seasonal building loads, and depending on the specific country regulations. Especially in warm and sunny climates, solar electricity generation using building-integrated photovoltaics (BIPV) can assist in reducing commercial building loads, offering peak-shaving (power) benefits on top of the on-site generation of electricity (energy). This on-site power delivery capability gives these consumers the possibility of renegotiating demand contracts with their distribution utility. Commercial buildings that operate during daytime quite often have an energy consumption profile that is well matched by solar radiation availability, and depending on the building’s available surface areas, BIPV can generate considerable portions of the energy requirements. In this work we present the role of grid-connected BIPV in reducing the load demands of a large and urban commercial building located in a warm climate in Brazil. The building and adjacent car parking lots can accommodate a 1 MWp BIPV generator, which closely matches the building’s typical maximum power demands. Based on real solar radiation data and simultaneous building electricity demands for the year 2007, simulation of the annual solar generation profile of this on-site generator showed that the 1 MWp BIPV system could account for around 30% of the total building’s energy consumption. In addition to the energy benefit, maximum power demands were reduced due to a good match between midday air-conditioning cooling loads and solar radiation availability on both a daily and seasonal basis. Furthermore, we have simulated the effect of this considerably large urban-sited generator on the local distribution network load, and have shown that the 1 MWp BIPV installation can also offer considerable benefits to the local utility in shaving daytime peak loads at the corresponding feeder.