Saving Energy, Saving Money Conservation Tips for HOAs

 The key to achieving savings in your home is a whole-house energy efficiency  plan. To take a whole-house approach, view your home as an energy system with  interdependent parts. For example, your heating system is not just a furnace—it's a heat-delivery system that starts at the furnace and delivers heat  throughout your home using a network of ducts. Even a top-of-the-line,  energy-efficient furnace will burn a lot of fuel if the ducts, walls, attic,  windows, and doors are not insulated and leak. Taking a whole-house approach to  saving energy ensures that dollars you invest to save energy are spent wisely.  

 Energy-efficient improvements not only make your home more comfortable, they can  yield long-term financial rewards. Reduced utility bills more than make up for  the higher price of energy-efficient appliances and improvements over their  lifetimes. In addition, your home could bring in a higher price when you sell.  An easy, practical solution for saving energy can be found throughout your home—from the roof, walls, and insulation that enclose it to the appliances and  lights inside.  

 A condominium complex, no matter its size, operates the same way, albeit on a  larger scale. If individual unit owners move collectively and cooperatively to reduce energy  costs and increase efficiency, the complex will, by extension, achieve the same  result. In fact, because many condo complexes have shared walls, the net reduction in  energy could be even greater.  

 Here are 10 things HOAs can do to encourage individual unit owners to conserve  energy and to help the overall complex save too.  

 Set the Tone

 Just as the CEO of a company sets the tone for the entire organization by  expressing his or her priorities, so an HOA has the power to influence how its  individual unit owners behave. A CEO who is openly reckless and unafraid of risk will engender the same sort of  behavior in his or her employees. The same goes with the HOA. If the board emphasizes awareness and proactivity with respect to energy  conservation, the unit owners are more likely to follow suit.  


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