Whether you reside in, manage, or serve on the board of a co-op, condo, or HOA, examining your building’s energy efficiency from top to bottom, inside and out, will have enormous implications for individual and communal costs, energy conservation, and environmental conditions. And in the current unprecedented global viral pandemic, it is more important than ever to consider that making changes to power sources and systems can have collective health effects as well.
So where to begin? In this two-part investigation of energy innovations for multifamily properties, we will help you understand the latest products and systems, how to navigate the slow-moving channels of energy bureaucracy, and even find ways to help pay for energy upgrades. Additionally, we will cover the question permeating every aspect of life these days: How does the coronavirus crisis affect all of this?
This first part explores new energy-efficient products and updates that can be installed in individual units. These innovations have varying costs and levels of complexity, but all of them will pay for themselves in terms of reduced utility bills, lower environmental impact, and comfort and quality of life. Some states even have programs and incentives to defray the uptake expenses.
Part Two of this piece will delve into broader changes at the building-wide and community level, including how local and federal legislation is impacting the future of clean energy.