Affordable housing nonprofit saves 15 percent on energy bills after benchmarking turns up areas for improvement.
Multifamily building stock in the United States has great potential for significant energy efficiency gains, with energy savings estimated at $9 billion, according to a recent report from the Institute for Market Transformation (IMT). (Click here for related story.) The study found that while energy costs have risen 20 percent in the past decade, new energy benchmarking laws in major cities that require owners of multifamily buildings to measures or disclose their properties' energy consumption are allowing owners, policymakers, utilities, and lenders to craft better programs and incentives for energy-efficient buildings.
Below, ECO-STRUCTURE talks to Dan Teague, director of business development at WegoWise, a Boston-based utility intelligence provider that tracks and benchmarks utility usage across building portfolios to reduce costs. WegoWise has the largest database of utility use in multifamily properties in the country and recently launched its commercial platform.
Read more...Energy Benchmarking Takes Hold - Multifamily, Energy Efficiency, Energy-Efficient Design - EcoBuilding Pulse