Company News

How Energy Efficiency Can Save Both Resources and Money

by Michelle N. on 5/19/2015 2:53:43 PM

Digested from “New NRDC Study Highlights Huge Potential for Energy Efficiency in Affordable Multifamily Housing”
National Resources Defense Council Staff Blog (5/12/15) Salter, Raya

Employing energy efficiency in apartment communities can provide benefits far beyond its intrinsic value of conserving resources, according to new findings from the National Resources Defense Council (NRDC).

For low-income residents, energy-efficient apartment homes can decrease financial burdens through lower utility costs and improve health and well-being. For community managers, energy-efficient features also provide savings in utility costs, as well as the advantages of having more financially stable residents who may seek out more eco-friendly living environments.

The study, which focused on Georgia, Illinois, Maryland, Michigan, Missouri, New York, Pennsylvania and Virginia, also noted the return on investment as being roughly $2.90 to $3.50 per dollar spent to save energy.

Read More