Category: Conservation
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Submetering Utilities: A Wise Financial Choice
Read Article: Submetering Utilities: A Wise Financial ChoiceWhy Submeter? Submetering utilities is a wise financial choice in the dynamic landscape of property management. From multifamily and student housing to manufactured housing and commercial facilities, finding innovative solutions to optimize costs and promote sustainability is crucial. One such practice gaining extreme momentum and popularity is utility submetering. This method involves monitoring, measuring and…
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Smart Living: Key Tips to Conserve Water and Energy in Multifamily Residences
Read Article: Smart Living: Key Tips to Conserve Water and Energy in Multifamily ResidencesEmbracing sustainable living practices not only benefits the environment but also helps residents reduce their utility bills. Here are four practical tips for multifamily community residents to conserve water and energy, driving down costs while making a positive impact on the planet.
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The 11th Hour 2024 Budget Improvements: Ensure Utility Expenses Incorporate Best Practices and Align with Your Organization’s Goals
Read Article: The 11th Hour 2024 Budget Improvements: Ensure Utility Expenses Incorporate Best Practices and Align with Your Organization’s GoalsWhile there are just a few days left in the current year, there is still time to adjust your utilities budget and implement best practices going forward. Here are some important steps and considerations for budgeting and reevaluating utilities in 2024.
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The Energy Avalanche: Understanding the Surge in Consumption During the Holiday Season
Read Article: The Energy Avalanche: Understanding the Surge in Consumption During the Holiday SeasonWater meters encourage conservation and reduce the utility expenses of your multifamily community, but they are not the only option.
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Water Meters Reduce Overall Water Expense
Read Article: Water Meters Reduce Overall Water ExpenseWater meters encourage conservation and reduce the utility expenses of your multifamily community, but they are not the only option.
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Saving Water Means Saving Energy
Read Article: Saving Water Means Saving EnergyWater is required to produce energy. Allowing residents unlimited water usage for a fixed amount increases overall utility cost.
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Things Not To Do This Budget Season
Read Article: Things Not To Do This Budget SeasonIt’s budget season again. Some common mistakes can destroy your NOI and make it hard to stick to your budget. Learn what not to do.
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Utility Benchmarking Benefits
Read Article: Utility Benchmarking BenefitsLearn how you can benefit from utility benchmarking without having a giant portfolio.
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Doing Utility Billback The Right Way
Read Article: Doing Utility Billback The Right WayUtility billback is great for your net operating income, Here’s how to do it Right.
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How To Calculate and Decrease The Cap Rate On Your Multifamily Asset
Read Article: How To Calculate and Decrease The Cap Rate On Your Multifamily AssetOne of the most important multifamily metrics is cap rate. This post covers what it is, how to calculate cap rate, and how to decrease it.
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Higher Utility Bills Expected This Month
Read Article: Higher Utility Bills Expected This MonthUtility rates continue to climb across the country. Now is the time to get a handle on these costs before they negatively impact your NOI.
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What To Do About Increasing Utility Rates
Read Article: What To Do About Increasing Utility RatesUtility rate increases are happening throughout the country. Learn how you can survive them as a multifamily property owner or manager.