Feb. 7, 2012: Apartment Building Owners, Residents Could Save $3.4 Billion Annually With Energy Efficiency
“We have billions essentially sitting untapped in our apartment buildings. We can harness that by simply setting better policies for efficiency for apartment buildings,” said Anne McKibbin, CNT Energy policy director and coauthor of the report. “Partnering with utilities is a crucial part of the process. Building owners and other housing industry players need to work with their utilities, engaging them directly and in local and state regulatory proceedings,” she said.
“Maximizing energy efficiency is a win-win for apartment residents, building owners, energy utilities and our energy infrastructure,” said Doug Bibby, president of the National Multi Housing Council. “This report offers excellent ideas that we hope spur further cooperation between multifamily owners and utilities to create a more efficient partnership.”
Better coordination between apartment building owners and energy utilities could address that, according to the report’s analysis. The study finds that there is a vast, largely untapped opportunity to engage utilities in providing effective energy efficiency programs that target the multifamily sector. The study examines utilities’ involvement in energy efficiency efforts across the country and identifies strategies that the multifamily building community can use to work together for improved efficiency. “We are thrilled to explore partnerships with apartment owners as a way of better serving our customers and reaching our energy efficiency goals. This paper outlines some important next steps for collaboration,” said Duane Larson, director, Energy Efficiency Strategy, Pacific Gas & Electric Co.
The report identifies regions where the multifamily sector could see particularly significant benefits from improvements in energy efficiency policy. These include Florida, Illinois, Texas, and the District of Columbia-regions that have a substantial number of multifamily buildings and energy policies that leave significant room for improvement.
“Utilities and local regulations vary dramatically from state to state and region to region, so there is no one-size-fits-all solution,” said Eric Mackres, ACEEE senior policy analyst. “The common thread is that partnering with the utility is crucial. This report outlines a variety of strategies that can help the multifamily housing sector to engage electric and natural gas utilities in order to expand the resources available for energy efficiency retrofits.”
The full report is available online at http://aceee.org/research-report/a122.
Publication date: 02/06/2012