The Potential for Energy Efficiency in Multifamily Housing (Pies for Pi Day)

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Information about The Potential for Energy Efficiency in Multifamily Housing (Pies for Pi...
Real Estate

Published on March 12, 2014

Author: LilyPerkinsHigh



In celebration of Pi Day, we've sliced real pies into pie charts that showcase the potential for energy efficiency in multifamily housing. Stupid idea; compelling numbers.

The Potential For Energy Efficiency in Multifamily Housing Pie Charts for Pi Day

Thanks To New Ecology, Inc and Elevate Energy for compiling this information Sources EIA, Residential Energy Consumption Survey (RECS) 2009 US Census American Community Survey, 5-Year Estimates CNT Energy & ACEEE, “Engaging as Partners in Energy Efficiency: Multifamily Housing and Utilities,” 2012.

Pies by WegoWise

Multifamily buildings (5+ units) account for 17 - 18% of total U.S. housing units, or 19.1 to 23.3 million units; $18 billion in annual energy bills. Click to share this Pie (Chart) with Twitter

of multifamily buildings have received an energy audit 2%

of multifamily buildings are poorly or only adequately insulated 63%

of multifamily buildings have heating equipment 20+ years old 30%

of multifamily buildings have heating equipment not routinely maintained (in the last year) 60%

But despite this potential for energy improvements,

this market is underserved.

2011 Utility Company Spending on Targeted Multifamily Programs Relative to Housing Markets Austin Seattle Detroit Chicago LosAngeles NewYork Houston SaltLakeCity Honolulu Dallas Phoenix SanDiego Multifamily Share of Housing Market Multifamily Share of Utility Spending on Residential Energy Efficiency 40% 30% 20% 10%

....really underserved!

Luckily, if you own or manage multifamily buildings there’s still a lot you can you do!

First, figure out how your properties are performing by tracking utility consumption and benchmarking your portfolio.

Read: Utility Analysis 101 Read: Utility Tracking 101

Then, determine what funds are available in your area. Database of State Incentives for Renewables & Efficiency

Want to know more? We’d love to talk. Talk to someone at WegoWise

Have a great Pi Day!

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