Posted: July 21, 2014
Source: Environmental Leader.com
Efficiency retrofits of 236 properties showed a combined water and energy savings of $4.3 million over a one-year period, according to research by Bright Power and the Stewards of Affordable Housing.
Although retrofitting commercial buildings has previously been shown to be profitable, convincing affected parties of the value of multifamily retrofits has been difficult.
The research focused on two programs – HUD’s nationwide Green Retrofit Program and the Energy Savers program offered by Illinois’ Elevate Energy and the Community Investment Corporation. One year of pre- and post-retrofit utility bills were collected for 236 properties and analyzed.
Both programs showed significant water, energy and cost savings.
Continue reading Efficiency Retrofits Save $4.3M Over 1 Year