by Denise Deverelle | Apr 13, 2021 | conservation, energy efficiency, multifamily management
California is leading the way on utility benchmarking in an effort to understand and enforce conservation. Assembly Bill 802 directed the California Energy Commission to create a statewide utility benchmark for buildings larger than 50,000 square feet. The...
by Denise Deverelle | Apr 8, 2021 | conservation, energy efficiency, multifamily management, submeters
Let’s say you have a multifamily property and one water meter for the building. Residents pay their own gas and electric, but you pay the water bill and have always just factored water in when you calculate your rental rates. The water bill keeps getting higher, but...
by Denise Deverelle | Sep 2, 2020 | conservation, multifamily management, NOI, ratio utility billing systems, submeters
How to Calculate and Decrease the Cap Rate on Your Multifamily Asset Kate Forsyth, Regional Sales Manager The financial market has changed drastically in the past year due to Covid-19 with an emphasis on less speculative valuing of investment properties and more...
by Denise Deverelle | Apr 30, 2020 | conservation, energy efficiency, multifamily management
Today the news reported that 30 million people have filed for unemployment amid the coronavirus pandemic. For your residents who may have worked outside the home, this month may bring utility bills much higher than their normal bills. If you have a utility billing...
by Denise Deverelle | Jan 20, 2020 | conservation, multifamily management, NOI, rental trends, submeters
We’ve seen some colossal utility rate increases proposed and implemented across the country in the last few months. Costs for repairing and expanding aging infrastructures are often miscalculated, resulting in giant utility rate proposals to modernize systems. In some...
by Denise Deverelle | Sep 6, 2019 | conservation, energy efficiency
Here at Multifamily Utility, we’re more than a little obsessed with reducing utility expenses and encouraging conservation efforts. When it comes time to give your property a little facelift, here are some ideas to consider: High-CFM ceiling fans On a recent shopping...
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