Essential Energy Management Steps for Multifamily Properties via Appfolio

Research and development over the past several decades have consistently reduced energy consumption in the US. But, did you know that the National Academy of Engineering predicts we will use almost 70% more energy in 2040 unless we continue to reduce energy intensity sufficiently enough to offset growth and economic conditions?

The good news for property owners and managers is that those energy predictions don’t have to come true. In fact, the same NAE study found that, accounting for population growth, if U.S. continues to reduce energy consumption at the levels that it has for the past 30 years, energy use will rise by less than 10% over the next 15 years. With 25 million multifamily residences in the U.S., property managers have the potential to reap tremendous savings and benefit our country at the same time.

Some property managers delay implementing energy conservation measures because they doubt reports that their efforts will produce significant benefits. Others hear anecdotal accounts of green industry failures and hesitate to invest money in unproven upgrades and lifestyle changes.

Read more...Essential Energy Management Steps for Multifamily Properties