This report from the American Council for an Energy-Efficient Economy (February 2021) reports on the results of a comparative study of energy and carbon emission reduction programs for three multi-family real estate companies. An Urban American initiative in NYC achieved a 30% reduction in energy consumption through equipment upgrades and additional weather sealing. A 439-unit apartment in Union City, California achieved an ROI of 42% with a simple payback of 2.4 years on a $1.44 million project.  The third program was a Joint Ownership Equity NYC project involving 386 units and $14.3 million in upgrades. Over all, energy efficiency is prioritized in capital planning and ongoing operations in each of these programs, leading to tangible energy savings and better energy management.
Key words: Construction, Energy Management, Lighting Systems/Controls, Market Sizing, Property Management, Research & Development, Energy Efficiency Programs