5 Steps to Successful Multifamily Energy Management Projects via Property Management Insider

Locked away in the nation’s multifamily buildings are billions of dollars of energy savings potential. According to the National Academy of Engineering, 40 percent of the United States’ total energy is consumed by 81 million single-family houses, 25 million multifamily residences, seven million mobile homes and 75 billion square feet of commercial floor space.

And while energy usage stats can be jaw dropping at times, so can the potential for significant energy and cost savings for property management companies. That’s good news considering that many multifamily companies hold energy as their third largest annual expense.

Yet many companies aren’t ready to embark on energy conservation measures (ECMs) because they doubt whether these projects can yield verifiable results or they hear about perceived failures across the industry.

Read more...5 Steps to Successful Multifamily Energy Management Projects | Property Management Insider