Data Benchmarking—The Key to Reducing Gas Pains and Flushing Out Inefficient Water Use via Multi-Housing News Online

Buildings in the Northeast are among the oldest in the country and weather conditions can be notoriously harsh. Other key factors, like the escalating costs of all utilities, contribute to the fact that less efficient buildings in the Northeast can cost four times more than efficient newly constructed buildings of similar size.

Maloney Properties Inc. strives to remain on the cutting edge of multifamily housing management. With utility expenses representing one of the highest operating costs, we remain committed to making our properties energy and water efficient in order to lower the financial and environmental impact—lowering costs and reducing our carbon footprint. Lower utility costs can provide more cash flow for capital improvements, site amenities, daily operations and owner profitability.

The first critical step to determine building performance is to collect the usage and cost data for each building, each utility and each meter. The next step is to break the data down into common factors and then have the ability to compare the data with other buildings/developments with similar traits. It is equally beneficial to compare usage among buildings within the same development to help identify problem areas.

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