Energy retrofitting is becoming an increasingly popular way to recoup investments, attract and retain residents and address environmental concerns all at the same time.
Owners throughout the multifamily industry are intrigued by the notion of energy retrofitting. Whether using tried-and-true methods or new approaches, energy retrofits have the potential to deliver dramatic bottom-line gains, attract and retain residents, and address social imperatives such as climate risk.
But owners also have an array of questions about energy retrofitting. From a return-on-investment perspective, how long does it take to recoup upfront investment in these retrofits? Can the cost of energy retrofits be passed along to residents? Are there public sector initiatives that can provide incentives and low-cost financing to help building owners reduce energy consumption? These are just a few of the issues owners must contemplate before proceeding.
Read the Full Article >>>