Energy Efficiency Upgrades Can Help Multifamily Housing Remain Affordable

Nicholas Taylor, Jennison Searcy, and Pierce Jones for Energy Efficiency
Evidence shows that retrofitting the entire stock of multifamily apartment buildings in the United States could save tenants and property owners $8 billion a year in energy costs and reduce electricity consumption by almost 15 percent. Amid the rising cost of housing, energy efficiency upgrades can provide much-needed relief to low-income families and help keep rental stock affordable, but few documented examples showcase the benefits of energy retrofits in multifamily housing. Addressing this gap, this study measures the impact of a collaborative energy efficiency program in Orlando, Florida, analyzing energy costs before and after retrofits in four multifamily apartment complexes.
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