Multifamily: A Nut Hard to Crack
Tung Huynh, NEEP’s Public Policy Intern
Multifamily housing represents an important sector with large untapped energy savings potential. Cost-effective energy efficiency upgrades can reduce energy use by 15-30% in buildings with five or more residential units, translating to almost $3.4 billion in annual utility bill savings for the multifamily sector nationwide. Improving energy efficiency in the multifamily market also contributes to greater local housing affordability and the “green” job market for energy efficiency retrofits. Despite these potential benefits, energy efficiency in the multifamily sector still faces significant policy and market barriers due to the complex landscape of the multifamily world.
Stakeholders from the Northeast and Mid-Atlantic region are recognizing the importance of tackling the unique challenges of energy efficiency in multifamily buildings. NEEP will host a Regional Multifamily Workshop on Tuesday, June 18 in conjunction with the Northeast Energy Efficiency Summit to provide an overview of activities in the region and insights into policies and programs that can move the multifamily retrofit market forward. There will be three sessions presented by industry experts: Public Policy that Values and Support Retrofits, Finance, and Communications Methods and Strategies. Each has an important role in building momentum for achieving deep energy savings in this important market.
Attendees will include local, state, and federal government officials such as energy and housing officials, utilities, lenders, efficiency program administrators, non-governmental organizations, property owners/managers, industry advocates, and other stakeholders from the 11 Northeast and Mid-Atlantic states and the District of Columbia.
Multifamily Project Manager
Leading speakers include:
- Ed Connolly, President, New Ecology
- Leslie Cook, Program Manager, Environmental Protection Agency
- Lisa Hodges, Senior Adviser, Oystertree Consulting
Gathering together as thought-leaders and stakeholders within the realm of multi-family efficiency is a crucial step in overcoming the barriers that face this particular market. We are excited to discover unprecedented, innovative ways to achieve our regional, national, and global goals for a cleaner energy portfolio alongside of a robust economy. We look forward to seeing you there!
The multifamily workshop at the ACEEE Market Transformation Symposium in Washington, D.C., attracted a large crowd of people wanting to join the conversation about innovative policies and programs in the multifamily housing sector. This event represented a prime example that the power of collaboration and conversation hold for the advancement of energy efficiency.
Presentations by Peter Ludwig and Rick Samson depicted the full-circle status of the U.S. multifamily market that uncovered connections between market characteristics, market barriers and market outlook. Rick and Peter both view multifamily efficiency from different viewpoints but face similar barriers and have the same goal at the end of their tunnels: multifamily energy efficiency market transformation. Ed Londergan, NEEP’s Multifamily Project Manager, moderated the session and provided his extensive multifamily experiences and leadership to the foundation of the conversation. Continue reading
Energy was high at NEEP’s Multi-Family Regional Leadership Group meeting, held February 27 in the “Civil Action” Court Room at EPA Region One’s Federal McCormack Building and via webinar. Stakeholders from Maine to Pennsylvania to Washington State came together to learn and share knowledge about multi-family energy efficiency opportunities and barriers. Speakers included Efficiency Maine Trust’s Rick Meinking, HR&A Advisor’s Candace Damon, and NYSERDA’s Mike Colgrove. It didn’t end there though.
Break-out sessions on Building Energy Rating, Market Barriers, and Funding and Financing encouraged discussion and brainstorming, which were shared with the rest of the 58 attendees. Dave Carey of Harcourt Brown & Carey Energy & Finance, for example, developed a great visualization that showed us what financing was available and to whom. MIT’s Alex Marks explained the benefits of building energy rating and disclosure, sharing the Peter Drucker quote, “things that are measured, are improved.”