Investing in Multifamily Energy Upgrades
A version of this article appears in the November/December 2014 issue of Home Energy Magazine.
October 31, 2014
The Top Three Financial Benefits of Energy Efficiency for Multifamily Housing
Apartment owners typically do not see energy efficiency as a worthwhile investment. When residents pay their own energy bills, owners often assume that they will reap the savings only from common-area upgrades. However, what property owners often don’t realize is that investment in energy efficiency can do more than lower resident utility bills. It can increase a property’s net operating income (NOI), return on investment (ROI), and property value. Here’s how.
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