Condo Media - December 2017 - 23

AD V E RT I SE M E N T

Four Ways Increasing Energy Efficiency
Helps Multifamily Properties Mitigate
the Burden of Unexpected Costs

One of the biggest challenges
property managers face is
preparing for the unexpected.
Uncertainty can take on many
forms, such as local tenant law
changes, utility outages, and
inclement weather. While events
such as these are often beyond
the control of property managers,
there are areas of risk where
preparedness can mitigate an
unforeseen event, and the
financial burden that comes with
it. One area in which multifamily
properties can exercise control is
their energy usage.

Energy efficiency initiatives such as the installation of
high-efficiency HVAC systems and appliances in multifamily
units are an excellent way to regain control over unexpected
costs. Here are some ways that implementing energy-efficient
systems in your multifamily properties can help you get
control over cost surprises.
Mitigate high energy bills
Energy expenditures in
multifamily units are 38%
higher than in single-family
houses when tenants aren't
responsible for paying their
own utilities. Upgrading to
high-efficiency HVAC systems
and appliances will help
mitigate that increase in
energy usage and smooth
out energy bills.
Reduce unanticipated
unit maintenance
On average, each multifamily
unit adds $1,095 in
maintenance costs to the
balance sheet each year.
Energy-efficient systems
and appliances run with
less effort and thus fail less.
The result is less repair for
you and lower maintenance
costs overall.

Reduce safety incidents
Faulty HVAC equipment can
leave tenants in the cold or
cause water pipe rupture,
resulting in emergency
action. Upgrading to new
energy-efficient systems
increases security and
comfort, and reduces your
responses to these types
of events.
Keep tenants longer
Dealing with tenant turnover
costs both time and money,
and unplanned unit
vacancies cost even more.
A recent study shows that
33% of tenants move due
to wanting better housing
and lower costs. Highefficiency HVAC and
appliances reduce their
utility bills, and increase
the likelihood they'll renew
their lease.

Visit ngrid.com/multifamily to learn more about
how to take control over the unexpected.
This energy efficiency program is available to property owners or managers of multifamily dwellings in MA and
RI that have active National Grid commercial or residential accounts. Unit-specific requirement terms and
conditions apply. Measures are analyzed for eligibility on a project-by-project basis. Offer is subject to change or
cancellation without notice. Some restrictions may apply. Savings and energy efficiency experiences may vary
©2017 National Grid.



Table of Contents for the Digital Edition of Condo Media - December 2017

Table of Contents
Condo Media - December 2017 - BB1
Condo Media - December 2017 - BB2
Condo Media - December 2017 - Cover1
Condo Media - December 2017 - Cover2
Condo Media - December 2017 - Table of Contents
Condo Media - December 2017 - 2
Condo Media - December 2017 - 3
Condo Media - December 2017 - 4
Condo Media - December 2017 - 5
Condo Media - December 2017 - 6
Condo Media - December 2017 - 7
Condo Media - December 2017 - 8
Condo Media - December 2017 - 9
Condo Media - December 2017 - 10
Condo Media - December 2017 - 11
Condo Media - December 2017 - 12
Condo Media - December 2017 - 13
Condo Media - December 2017 - 14
Condo Media - December 2017 - 15
Condo Media - December 2017 - 16
Condo Media - December 2017 - 17
Condo Media - December 2017 - 18
Condo Media - December 2017 - 19
Condo Media - December 2017 - 20
Condo Media - December 2017 - 21
Condo Media - December 2017 - 22
Condo Media - December 2017 - 23
Condo Media - December 2017 - 24
Condo Media - December 2017 - 25
Condo Media - December 2017 - 26
Condo Media - December 2017 - 27
Condo Media - December 2017 - 28
Condo Media - December 2017 - 29
Condo Media - December 2017 - 30
Condo Media - December 2017 - 31
Condo Media - December 2017 - 32
Condo Media - December 2017 - 33
Condo Media - December 2017 - 34
Condo Media - December 2017 - 35
Condo Media - December 2017 - 36
Condo Media - December 2017 - 37
Condo Media - December 2017 - 38
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Condo Media - December 2017 - 40
Condo Media - December 2017 - 41
Condo Media - December 2017 - 42
Condo Media - December 2017 - 43
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Condo Media - December 2017 - 45
Condo Media - December 2017 - 46
Condo Media - December 2017 - 47
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Condo Media - December 2017 - 49
Condo Media - December 2017 - 50
Condo Media - December 2017 - 51
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Condo Media - December 2017 - 53
Condo Media - December 2017 - 54
Condo Media - December 2017 - 55
Condo Media - December 2017 - 56
Condo Media - December 2017 - 57
Condo Media - December 2017 - 58
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Condo Media - December 2017 - 60
Condo Media - December 2017 - 61
Condo Media - December 2017 - 62
Condo Media - December 2017 - 63
Condo Media - December 2017 - 64
Condo Media - December 2017 - Cover3
Condo Media - December 2017 - Cover4
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