Energy Retrofits and Building Electrification for Multifamily

In the quest to get to net zero, building owners and operators are moving towards electrification to cut emissions and improve energy efficiency. But as fossil fuel-burning appliances, boilers and furnaces are replaced with more efficient electric models, increased demand will put more strain on the grid, resulting in increased energy costs. At the same time, governments and utilities are accelerating efforts to move the grid to 100% renewables, which introduces more variability in electricity supply.

So, what’s a portfolio owner to do?

Aging building stock is an issue across all sectors of the built environment, but just electrifying old, inefficient buildings without addressing underlying issues doesn’t solve the problem. Leaking windows, inadequate insulation and a poor building envelope leads to more energy waste. Electrifying without improving efficiency will actually increase energy costs and overload the grid. That’s why smart owners and operators are doing three things:

• Energy retrofits to improve overall energy efficiency
• Electrification to move to carbon free energy
• Peak energy load management to reduce strain on the grid at critical times

Together, these efforts radically reduce energy consumption and carbon in operators’ portfolios.

Learn more, including ‘What is an Energy Retrofit?,’ ‘Saving Energy From the Start,’ and ‘The Smart Whole Building Approach’

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