Billions of dollars of energy saving potential are sitting in our nation’s multifamily buildings. A study by McKinsey and Company estimated that the capital required to unlock energy efficiency opportunities in our nation’s low-income residential buildings between 2009 and 2020 is approximately $46 billion, and would provide a present value of $80 billion in savings.
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The annual Energy Summit held in Washington, D.C. in Q1 of this year had a rather tall agenda. Never before has the world of utility management been more inundated with new legislation, regulation or challenge. Multifamily stands at the very threshold of the Administration’s Climate Change Initiative, the EPA’s quest for more and better data […]
U.S. Environmental Protection Agency (EPA) awarded its first ENERGY STAR certification to 17 apartment buildings in the fourth quarter of 2014.
From New York to Seattle, pioneering owners and their buildings were recognized for the superior energy efficiency of their sites, thereby increasing affordability, protecting public health and tempering climate change. The number of ENERGY […]
One thing we know for sure–It will take a long time for the country to adjust to the drought across the western states, particularly in California. But this is about more than California. It’s about economics. And it’s about apartment utilities.
First, economics: California is the largest federal taxpayer of all U.S. states, paying more […]
Submetering enables utility cost recovery as it allows utility billing providers like NWP to allocate utility charges to residents based on actual consumption, helping property owners recover several hundred dollars per unit in annual operating expense.
Submetering increases property value because it is a capital investment that leads to increased recurring revenue. You gain resident […]
Amory Lovins was right. In 1989, the American physicist noticed a misprint in a report of the Colorado Public Utilities Commission: negawatt for megawatt (MW). He borrowed the word to describe power saved through conservation or efficiency measures, and argued that these were the best way to meet rising demand for power, both for […]
Last year brought about a number of interesting developments in the energy industry. Here are five key trends we’ll be watching closely in 2014.
Energy efficiency policies continue to spread worldwide
The introduction of new energy efficiency policies and regulations was widespread in 2013—and that momentum appears poised to continue around the […]
From backyard tinkerers to big corporations, inventors have been struggling to find a way to store solar, wind and other renewable energy so it can furnish electricity when the sun doesn’t shine or the wind doesn’t blow.
California is offering businesses a big incentive for success—contracts that the utility industry estimates could total as […]
Allow me to provide a first-hand account from the beautiful Northeast: this winter was brutal. Endless snow, bouts of extreme cold and a polar vortex have made this mother-of-all-winters colder than most winters across the last twenty years.
Chicago had its third snowiest winter on record, Detroit had its second snowiest and others broke wintery-white […]
There is an inherent connection between energy and water use and the need for co-management of energy planning. Most of the energy we use requires copious amounts of water to produce, and most of the water we use requires a considerable amount of energy to treat and transport.
Despite this inherent connection, it’s actually uncommon […]