Fannie Mae’s new report on energy usage in the multifamily sector found that affordable properties use 28% less energy per unit and are 29% smaller than market-rate properties. Market-rate units incur higher energy cost and use per square foot because there are more units per 1,000 square feet among affordable properties—1.29 affordable units, versus 0.91 market rate units per 1,000 sf.
The report, “Transforming Multifamily Housing: Fannie Mae’s Green Initiative and Energy Star for Multifamily,” provides comprehensive multifamily energy and water data. The first of its kind report serves as the basis for the EPA’s Energy Star Score for multifamily structures.
Costs differentials on energy use can be very steep for multifamily properties. The least efficient property could spend as much as $165,000 more in annual energy costs than a similar property operating at peak efficiently. When owners paid for all energy costs, median annual energy use was 26% higher than when tenants were responsible for paying energy costs.
In a related development, the EPA made its Energy Star score available for the multifamily sector on September 16. According to Fannie Mae, the score will enable owners and operators of multifamily properties with 20 or more units to quantify the energy performance of their properties.
(http://www.multihousingnews.com/news/fannie-mae-releases-major-study-on-multifamily-energy-use)
Related Stories
| Dec 19, 2013
Defense Department okays Green Globes standard for DoD facilities
The Green Globes certification program from the Green Building Initiative can be used for the renovation and construction of Department of Defense facilities following agency endorsement.
| Dec 19, 2013
New York City proposal may boost standards for crane maintenance
New York City may boost maintenance standards for cranes operating in the city, including the addition of load cycle counters to record data regarding every lift that a crane performs.
| Dec 19, 2013
Lawmakers say EPA’s Energy Star standards lack transparency
A bipartisan group of lawmakers is raising concerns that the Environmental Protection Agency has not been transparent in drafting energy-efficiency standards under the Energy Star program.
| Dec 18, 2013
ASHRAE publishes 2013 thermal comfort standard
Major revisions for design and measurement of comfortable spaces are included in a newly published ASHRAE 2013 thermal comfort standard.
| Dec 11, 2013
Texas to require architects to be fingerprinted to get licensed
Starting January 1, 2014, architects who apply for an occupational license in Texas will have to share their fingerprints with the state.
| Dec 11, 2013
Province of Ontario is reviewing bill to require timely payments to contractors
Legislation is under review in the Province of Ontario that would mandate timely payments to contractors.
| Dec 11, 2013
Federal design-build proposal could make it easier for small businesses to land government contracts
The Design-Build Efficiency and Jobs Act, a bill pending in the U.S. House of Representatives, would streamline the bid and proposal process by requiring government agencies to use a two-step process when seeking design-build contracts for projects worth more than $750,000.
| Dec 11, 2013
NIST recommends tougher standards for tornado resilience
Buildings in tornado-prone areas should be constructed to withstand strong winds just as hurricanes are factored into building codes in coastal areas, says a federal report examining the 2011 killer tornado in Joplin, Mo.
| Dec 10, 2013
Whistleblowers can now file complaints online with OSHA
Whistleblowers covered by one of 22 statutes administered by the Occupational Safety and Health Administration (OSHA) now will be able to file complaints online.
| Dec 4, 2013
Five U.S. cities leading on climate change initiatives
Houston, Salt Lake City, Miami, New York, and Los Angeles are five cities that are leading the way on preparing for climate change and extreme weather, according to a Center for American Progress report.