Whether you own a multi-family residential building, office, industrial, or retail property, making smart efficiency investments can increase your bottom line.
Reducing energy, water, and waste across multi-family properties can lower operating costs, increase properties’ asset value, and make properties more marketable through lower costs of living and increased comfort for residents.
Key Energy-Saving Opportunities
1. Efficient Lighting DesignEnergy-efficient lighting can provide better aesthetics for your buildings and save energy. Indoor and outdoor LED lighting and controls use light and energy more efficiently, saving money and energy. LED lightbulbs are long-lasting and require fewer changes, freeing up maintenance time.
2. Building Insulation & Weatherization UpgradesBuilding envelope upgrades (increasing insulation, air-sealing, etc.) can be an effective way to improve the comfort of a store. Making improvements helps to both regulate the indoor climate (temperature control, air quality) and protect the interior from the outdoors (drafts, condensation).
3. Heating & Cooling Equipment UpgradesHeating and cooling are often the largest energy expenses for properties. By properly maintaining equipment or upgrading to high-efficiency systems, you can enjoy long-term reduced energy usage, decrease equipment maintenance time, reduce greenhouse gas emissions, and create a comfortable environment.
4. Water Heating UpgradesHot water is used every day in multi-family and commercial buildings, and it’s a cost that can add up quickly. Upgrade to higher-efficiency systems to lower heating expenses, decrease equipment maintenance time, and lower greenhouse gas emissions.
Case Study: TriTown Landing
This 10-year-old apartment complex benefited from new lighting technology and saved 271,000 kWh annually—by replacing over 2,000 lighting fixtures.