Multi-family properties often upgrade to water conservation for toilets, shower heads, and faucets. Additionally, properties will invest in water metering to ensure data accuracy while avoiding unnecessary leakage. LED lighting upgrades are very common being that the ROI is typically 3.5 years or less. HVAC upgrades are traditionally tied to loan requirements, but common based on lending requirements and age of building(s). Solar has been installed, but is less common on the multi-family properties.
A great candidate for all water and energy products. Solar can be challenging based on roof conditions or available land for solar development. HVAC units can also be challenging to achieve a sub five-year ROI due to complexities of location and original design. High efficiency units might require customization which adds to overall investment or in some cases, an expense.
Solutions vary based upon building size and use. In general, energy efficiency benefits are best reflected in buildings that are 100,000 square feet or larger. We also support multiple locations that are geographically diverse. For the private sector, we typically run financial models that can provide the C-Suite executive insight into ROI ranges and complexity. This will allow both sides to target the products that will provide the most efficiency.