As pressure from investors for ESG reporting mounts, owners of multifamily properties increasingly look to collect whole-building utility usage data.
For properties using electric and gas meters for individual units, comparing energy performance among their properties is difficult if not impossible. So, owners are turning to web-based platforms for reporting and comparing energy utilization among their properties.
Some owners have committed to ambitious sustainability goals such as the Global Real Estate Sustainability Benchmark, and need accurate data to know where to make investments for energy-efficiency projects. To date, the multifamily sector has been slower than other industries to adopt new technologies for energy usage assessments.
Several startups, including Verdigris, Vutility, Redaptive, Utility API and Smappee, have developed tools to address this need.
Related Stories
Smart Buildings | Dec 7, 2015
AIA Baltimore holds rowhouse redesign competition
Teams competed to provide the best social and environmental design solutions for the city’s existing rowhouse stock.
Multifamily Housing | Nov 19, 2015
Herzog & de Meuron designs curving NYC luxury apartments
The 160 Leroy building will have 49 luxury homes, along with a white concrete façade covered with large windows.
High-rise Construction | Nov 17, 2015
CTBUH awards '2015 Best Tall Building Worldwide' to Bosco Verticale
Designed by Italian architect Stefano Boeri, the building design was applauded for its “extraordinary implementation of vegetation at such scale and height."
Multifamily Housing | Nov 17, 2015
A new luxury high rise reflects a resurgent condo market in Miami Beach
GLASS is one of several residential buildings in the works in that city’s hot South of Fifth neighborhood.
Multifamily Housing | Nov 5, 2015
Architects propose residential tower in Singapore with gardens on every floor
Imagine a high-rise with lush greenery on every floor—that’s the design Ingehoven Architects and A61 propose for Marina One, a series of residential towers in Singapore.
Multifamily Housing | Nov 4, 2015
Labor City: The Qatari complex for 70,000 migrant workers opens
The project is just one of seven house complexes built by the government for the country’s approximately 260,000 labor migrants.
Architects | Oct 27, 2015
Top 10 tile trends for 2016
Supersized tile and 3D walls are among the trending tile design themes seen at Cersaie, an exhibition of ceramic tile and bathroom furnishings held in Bologna, Italy in October.
Multifamily Housing | Oct 27, 2015
Multifamily building in downtown Montreal is being built from the roof down
The method eliminates the need for scaffolding and cranes.
Modular Building | Oct 22, 2015
My Micro NY will soon be New York's first micro-apartment building
The Manhattan modular building will be completed in December and will contain apartments with low rents, but small space.
Architects | Oct 20, 2015
Four building material innovations from the Chicago Architecture Biennial
From lightweight wooden pallets to the largest lengths of CLT-slabs that can be shipped across North America
