New advancements around thermostats, wireless, Bluetooth lighting, apartment automation appliances and more are energizing the energy management market. The big news is that Nest Labs announced a developer program for integration with other manufacturers’ products—through Nest’s cloud—and its first partner is Control4, so users of that energy management control systems can see the temperature on a…
Category: Finance/Savings
2014 Smartest Energy and Sustainability Decisions
Lighting leads the way! Lighting retrofits were the smartest investment made in 2013. When you consider the substantial capital support for LED lighting made available through utility incentive programs, it is no surprise that lighting tops the list―with savings beginning almost immediately! Other smart investments that topped the list included energy management systems, building controls…
What the acquisition of NEST by Google could mean for apartment owners
Google’s recent acquisition of intelligent thermostat and fire alarm-maker Nest could be a major disruption to the status quo in apartment automation. For decades, the dream of a “smart apartment” has been just that: a dream. The concept of an interconnected, intelligent apartment and common areas has been relegated to science fiction. Owners have not…
Getting Started with a Portfolio Wide Energy Management Policy
Getting your head around Energy Management is a difficult process. A good place to start is with a corporate policy to build consesus and guidance around. Policy can be described as a statement of commitment that contains procedures and protocols that can be used by senior management officers when guiding a Portfolio Wide Energy Management Policy….
Getting Started with a Porfolio Wide Energy Strategy
Energy management is more than saving money—it is about understanding processes and energy patterns on properties, setting realistic goals and monitoring progress, and protecting natural resources while leveraging alternative ones. Adopting a portfolio commitment to energy best practices is one way that portfolios can meet today’s cost-cutting and long-term energy efficiency goals. A formal energy…
Is Solar Mainstream Enough for Multifamily?
The U.S. solar industry has come a long way in a very short timeframe. After decades of slow but steady growth, the last 2.5 years have brought an explosion of new installations in America — with two-thirds of all total distributed solar installed since just 2011. By 2015, installations will likely double. At only…
Are strategies for multifamily energy effciency different than other building types?
What are specific Cost-Effective Energy Savings Measures for Multifamily The approach to selecting energy savings measures is different for multifamily than other building types. Although there are opportunities (depending on the climate zone) to save space-conditioning energy, the shared wall geometry of dwelling units and reduced external surface area in multifamily buildings means that less…
Developing a long term portfolio strategy for investing in energy efficiency
Seven (7) events that trigger energy efficiency upgrades and resulting savings There are many discrete financial and regulatory events that may prompt an owner to upgrade a Multifamily building. However, in general, there are a few specific events in a Multifamily building’s Lifecycle when it is typically more cost effective, convenient and efficient to make savings…
Does the Owner Resident Split-Incentive issue in Multifamily cause a roadblock to Energy Management?
In order for a property to be truly energy efficient, the interests of both the owner and residents must be aligned in favor of sustainability. Unfortunately, traditional lease arrangements often do the opposite, and skew the interests of both parties. For instance, if a lease includes fixed utility costs, the resident has no financial incentive…
What are the Motivators in Multifamily for Energy Management?
If you have even casually looked into energy management services for your portfolio, have you noticed the wide range of opinions and options? The differences are more significant than simply positioning. It is a more difficult (and meaningful) choice than asking “Do I want a Coke? Or Pepsi?” Have you ever asked yourself why? Some…