Multifamily Building Energy Efficiency

Approximately two-thirds of the existing multifamily buildings in our region were built prior to the adoption of modern state energy codes, leaving a large number of existing buildings that would significantly benefit from energy efficiency improvements. It is estimated that un-renovated older buildings without modern efficiency improvements are at least 30% less efficient. SPEER recently completed two assessments of barriers and opportunities for the multifamily housing sector. The first contains valuable information on the multifamily market specific to the Texas & Oklahoma region, and the second contains a national assessment of barriers and opportunities, completed with the collaboration of the regional energy efficiency organizations (REEO) across the United States.

Included in our regional report is an innovative case study that demonstrates the role of alternative utility allowances for low-income properties to overcome split incentives, PACE financing opportunities, exploring an adapted performance contracting model, and making the case for a large regional energy challenge targeted toward this sector. Download the report.

Included in the national report is a national market characterization with barriers and opportunities for utility programs, policymakers and other stakeholders – including the private sector. Exemplary and innovative models from around the country are highlighted including Michigan, Florida, Missouri, Colorado, the City of Chicago, Massachusetts, the City of Brooklyn, and others. Topics include the strategic targeting of efficiency programs to delay or eliminate certain distribution grid investments, building energy benchmarking and disclosure policies, streamlined access to building energy data, and discounted commercial financing programs through Fannie Mae and Freddie Mac. Download a copy and read more.
Watch our recorded webinar.