flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Utilities should do more to give building owners energy use information

Multifamily Housing

Utilities should do more to give building owners energy use information

Owners of multi-tenant buildings lack basic information.


By Peter Fabris, Contributing Editor | October 2, 2015

Even when a building has smart meters, the owner cannot get total kilowatt hour use from the utility. Photo: Portland General Electric/Creative Commons

Utilities should do a better job of giving multi-tenant building owners better information about energy use, writes Philip Henderson of the National Resources Defense Council.

Most utilities do not provide basic information about thousands of buildings occupied by multiple tenants with separate utility accounts. This applies to apartments, shopping malls, and offices.

The owner needs to know total kilowatt hours of electricity used in the building to assess energy improvement projects. “Giving the owner a ‘whole-building’ total means the owner does not have to read meters manually or collect paper bills from tenants -- time-consuming, error-prone, and unnecessary,” Henderson writes. Even when a building has smart meters, the owner cannot get total kilowatt hour use from the utility. 

Several leading utilities, such as Commonwealth Edison in Chicago, PEPCO in Washington, D.C., Eversource in Boston, National Grid in New York, and Consolidated Edison in New York, have recently made this information available. Some have created online portals for building owners to obtain summary information.

Related Stories

Office Buildings | Feb 18, 2015

Commercial real estate developers optimistic, but concerned about taxes, jobs outlook

The outlook for the commercial real estate industry remains strong despite growing concerns over sluggish job creation and higher taxes, according to a new survey of commercial real estate professionals by NAIOP.

Multifamily Housing | Feb 17, 2015

NYC multifamily sales increased by 39% in 2014

For New York City as a whole, $20 million-plus deals accounted for more than half of all transactions.

Multifamily Housing | Feb 17, 2015

California launches pilot program to finance multifamily retrofits for energy efficiency

The Obama Administration and the state of California are teaming with the Chicago-based MacArthur Foundation on a pilot program whose goal is to unlock Property-Assessed Clean Energy financing for multifamily housing.

Multifamily Housing | Feb 17, 2015

Young Millennials likely to return home

Ninety percent of individuals born between 1980 and 1984 and who hold a Bachelor’s degree left home before they were 27 years hold. However, half of this group later returned to their parents’ home, according to a study by the National Longitudinal Study of Youth.

High-rise Construction | Feb 17, 2015

Work begins on Bjarke Ingels' pixelated tower in Calgary

Construction on Calgary’s newest skyscraper, the 66-story Telus Sky Tower, recently broke ground. 

Mixed-Use | Feb 13, 2015

First Look: Sacramento Planning Commission approves mixed-use tower by the new Kings arena

The project, named Downtown Plaza Tower, will have 16 stories and will include a public lobby, retail and office space, 250 hotel rooms, and residences at the top of the tower. 

Codes and Standards | Feb 12, 2015

New Appraisal Institute form aids in analysis of green commercial building features

The Institute’s Commercial Green and Energy Efficient Addendum offers a communication tool that lenders can use as part of the scope of work. 

Multifamily Housing | Feb 9, 2015

GSEs and their lenders were active on the multifamily front in 2014

Fannie Mae and Freddie Mac securitized more than $57 billion for 850,000-plus units.

Multifamily Housing | Feb 6, 2015

Fannie Mae to offer lower interest rates to LEED-certified multifamily properties

For certified properties, Fannie Mae is now granting a 10 basis point reduction in the interest rate of a multifamily refinance, acquisition, or supplemental mortgage loan. 

Cultural Facilities | Feb 5, 2015

5 developments selected as 'best in urban placemaking'

Falls Park on the Reedy in Greenville, S.C., and the Grand Rapids (Mich.) Downtown Market are among the finalists for the 2015 Rudy Bruner Award for Urban Excellence.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021