The Utility Cost Takeout strategy developed by Sean Delehanty at BAE Systems has led to over a million dollars a year in savings for his company. What lessons are there for multifamily?
By Kimberly Madrigal
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Posted in Energy
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Also tagged BAE Systems, benchmarking multifamily, climate crisis, Energy Auditing, energy efficiency, green education, green property management, Greenhouse Gas Emissions, increased net operating income, Los Angeles Chapter of USGBC, multifamily asset valuation, NAA, National Apartment Association, resident education programs, Sean Delehanty, sustainability committee, Sustainable O & M, sustainable operations and management, understanding utility bills, Utility Cost Takeout, utility rebate programs
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Apartment building owners, property management companies, HOA and co-op residents and renters are all a part of the energy equation. Green property management and sustainable operations and maintenance are sometimes a gradual process.
By Kimberly Madrigal
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Posted in Energy
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Also tagged CFLs, energy efficiency in apartment buildings, front loading washing machines, green HOAs, green property management, green renters, LEDs, phantom load, Portfolio Manager, sustinable operations and management, Triple Pundit, water conservation in apartment buildings
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Perhaps a better approach than wagging fingers at iinadvertent energy hogs is to make the right choices easier. For instance, “Would you rather have solar energy or wind for your entree? How about a side of low-flow dual flush toilets and a faucet aerator with your order?”
Of course, in the real world it is not that simple. Even the choir has a difficult time incorporating green features into their existing buildings because of the difficulty of documenting their value. Real estate appraisers are in the same pickle jar. They must examine the cost to build, replacement value, income (if any) and use comparable sales to support the final value. Except there aren’t any comparable sales in most neighborhoods. At least, not yet.
By Elizabeth Madrigal
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Posted in Business
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Also tagged appraisers, CNN.money.com, DOE, EcoFlats, energy education, Energy Star Portfolio Manager, flat screens, green building, green landlady, green property management, Recommissioning
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Energy Star’s Portfolio Manager is a free benchmarking (measurement) software tool designed to give property owners and managers a way to measure their building’s energy usage. You’ve heard of Energy Star ratings for appliances? Well, Portfolio Manager can give you an Energy Star rating for your property.
February 16, 2010 – 7:45 am
With occupancy rates and down and fewer qualified renters, it can be a challenge for multifamily property managers to meet their budgets. One way to increase net operating income is through improved energy efficiency. By improving energy performance property managers increase asset value, enhance market competitiveness, and promote an image of community and corporate responsibility.
January 18, 2010 – 5:43 pm
A 62-unit 3-story condominium complex goes solar with no money down. Find out how they’ve been able to reduce their utility bills while reducing CO2.
By Kimberly Madrigal
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Posted in Energy
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Also tagged Amber Richane, board member, common area, compact fluorescent, Concept Seven, GEM, HOA, homeowners association, kilowatts, laundry room, LEDs, LEED AP, photovoltaic, pool, PV, REC, Solar City, solar energy, solar lease, solar panels, SunRun, utility bills
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January 10, 2010 – 10:29 pm
ENERGY STAR’s Portfolio Manager is a dynamic, on-line free management and analysis tool which provides measurable benefits to managers of multifamily housing buildings. Managers learn how to analyze energy and water usage, make energy efficiency improvements, streamlined record-keeping, easy reporting, have access to a building upgrade manual and learn where to procure the best products.
By Elizabeth Madrigal
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Posted in Energy
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Also tagged building operations, building upgrade manual, cap rates of 6%, easy record-keeping, easy reporting, Energy, Energy Star, energy systems, free management software, free multi-family housing software, free operations software, free training, free workshops, higher performance, multifamily housing, net operating profit, Portfolio Manager, raise operating income, reducing energy usage, resources, utility costs
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