Energy efficiency is a critical consideration for multifamily property managers, as it not only helps to reduce the environmental footprint of their buildings but can also lead to significant cost savings for building owners and tenants alike. In this blog post, we will explore three key ways for those in real estate management to improve energy efficiency in multifamily properties.

Upgrade to Energy-Efficient Lighting

Lighting accounts for a significant portion of a building's energy usage, making it an essential area to focus on when looking to improve energy efficiency. By upgrading to energy-efficient lighting options such as LED bulbs, property managers can significantly reduce energy usage while also improving the quality and longevity of their lighting systems. Additionally, installing occupancy sensors and automatic dimming controls can help to further reduce energy waste by ensuring that lights are only on when needed.

Improve Insulation and Weatherization

Poor insulation and air leaks can cause significant energy loss in multifamily buildings, especially in older properties. By improving insulation and weatherization, property managers can reduce energy usage while also improving the comfort of their buildings for tenants. This can include measures such as adding insulation to attics and walls, sealing air leaks around windows and doors, and installing weather stripping to prevent drafts.

Upgrade to Energy Star Appliances

Appliances such as refrigerators, dishwashers, and washing machines account for a significant portion of a building's energy usage, making them a prime target for energy efficiency upgrades. By upgrading to Energy Star-certified appliances, property managers can significantly reduce energy usage while also improving the quality and longevity of their appliances. Additionally, implementing energy-saving practices such as washing clothes in cold water and running full loads can help to further reduce energy waste.

In addition to these specific measures, property managers can also promote energy efficiency among their tenants by providing education and resources on topics such as energy conservation, waste reduction, and sustainable transportation.  For related topics view our blog, or contact us to learn more about what we have to offer.