MAKING MULTIFAMILY BLDGS MORE EFFICIENT

Better information will transform energy use in multifamily buildings

Lauren Ross, September 30, 2014 (ACEEE)

“…[Fannie Mae’s just released] Multifamily Energy and Water Market Research Survey provides an insight into multifamily buildings’ annual spending on energy and water as well as other important trends and metrics. The report also responds to the lack of information on energy use in submarkets in the multifamily sector by providing separate breakdowns for affordable and market-rate units, tenant and owner-paid utility bills, and by building size and other important building features…[It] reinforces what many have speculated in recent years – the multifamily sector remains an untapped opportunity for energy efficiency. According to the survey results, the least efficient buildings might be spending upwards of $165,000 more per building in annual energy costs than comparable buildings operating at a much higher efficiency…[T]he survey also serves as the basis for the long-anticipated EPA ENERGY STAR® score for multifamily buildings…[which] is a simple way for multifamily building owners to understand their property’s energy performance…” click here for more

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