When you're trying decide which apartment to lease, your monthly costs are more than just rent -- utility costs add up, too. This one-page infographic shows how renters can save money, energy, and water by leasing at a property that has earned the ENERGY STAR certification and uses ENERGY STAR certified appliances and products. See a side-by-side comparison of costs between an apartment with ENERGY STAR certified appliances and products and one without. And remember to ask about ENERGY STAR the next time you're apartment shopping.
Customize this sample leasing brochure by adding your logo and details about the sustainability measures implemented on your property. Use it to help promote your ENERGY STAR certified apartment properties to residents and prospective renters.
Customize this sample leasing brochure by adding your logo and details about the sustainability measures implemented on your property. Use it to help promote your apartment properties to residents and prospective renters.
Do you have energy efficiency projects that have been postponed or rejected due to capital budget limitations, other projects with better returns, or lack of expertise? Yet, from your perspective the project should be a “no brainer” due to the immediate positive cash flows generated by the energy savings. Understanding your organization’s decision-making process, being able to effectively speak to the benefit of improved cash flow, and improving your financial literacy can greatly increase your probability of receiving approval for a project. The self-funding aspect of energy efficiency is often under-appreciated by senior management, and you want to be able to clearly address any questions, concerns, and benefits.
The ENERGY STAR Score for Multifamily Housing applies to buildings that contain 20 or more residential living units. The objective of the ENERGY STAR score is to provide a fair assessment of the energy performance of a property relative to its peers, taking into account the climate, weather, and business activities at the property. To identify the aspects of building activity that are significant drivers of energy use and then normalize for those factors, a statistical analysis of the peer building population is performed. The result of this analysis is an equation that will predict the energy use of a property, based on its experienced business activities. The energy use prediction for a building is compared to its actual energy use to yield a 1 to 100 percentile ranking of performance, relative to the national population.
This two-page success story outlines how TIAA-CREF made a commitment to reduce operating costs by managing its residential communities with an eye toward greater energy efficiency. From 2007 through 2009, the organization reduced its communities’ common area energy consumption by 9.1%—leading to energy cost savings of about $500,000 each year.
In this 2-page fact sheet from the City of Seattle, Nicholas Stolatis of TIAA-CREF shares their tips for success and how they made the Aspira, a luxury apartment complex in downtown Seattle that was already energy efficient, perform even better.
On average, TIAA-CREF's portfolio is 17% more energy efficient than it was in 2007. In 2013, the company cut carbon pollution across its portfolio by approximately 54,500 metric tons through improved efficiencies, which lowered utility costs by an estimated $15 million. Learn why they think sustainability is a sound investment for their multifamily housing portfolio.
This report by the Institute for Market Transformation is intended to serve as a guide for policymakers and multifamily stakeholders on benchmarking and disclosure rules and regulations. It provides an introduction to the multifamily housing sector, followed by a thorough review of existing benchmarking and disclosure policies and an assessment of continuing policy challenges and opportunities.