Serving: New York, New Jersey, Connecticut, Massachusetts, New Hampshire and Vermont. Other Regions upon request.
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Energy Conservation Through Efficiency
In older multi-family buildings without separate metering, 40% to 50% of your operating budget will go towards your heating and domestic hot water. Your costs increase exponentially with the number of units within your building. For every percentage point you increase in efficiency or water conservation can put thousands of dollars in your pocket each year. Most investors have exit strategies for their buildings whether it is to flip, or hold for two, three, five years. Controlling the amount of energy used through efficiency during the hold period will increase the buildings value and saleability. What is the point of rent increases when it goes to pay another bill.
If possible, separate metering is the way to go. In case studies, when tenants pay for their own utilities there is an average drop in usage of thirty (30%). Becoming more popular is the "residential unit billback system" or "RUBS" in which a tenant pays their share of utility usage based on several parameters by an independant auditor.
Let us use our expertise to work for you. We will evaluate your heating, A.C. systems, fuel consumption, domestic hot water, water conservation, building envelope and give you solution based ideas and recommendations. We do not offer a “one size fits all” mentality. Each building is unique by its size, age, improvements or lack thereof. Some buildings have common problems which are easily addressed others require more thought.
We can do a quick evaluation as part of your due diligence (inspection process) "before you buy" and possibly give you a negotiating edge thus saving you money.
We offer a Free phone consultation to discuss your needs and concerns and if our services can benefit you in a cost effective manner. Give us a call today. 914.393.0194
