Apartment owners typically do not see energy efficiency as a worthwhile investment. When residents pay their own energy bills, owners often assume that they will reap the savings only from common area upgrades. However, what property owners often don’t realize is that investment in energy efficiency can do more than lower resident utility bills. It can increase a property’s net operating income (NOI), return on investment and property value.
TRC's Julieann Summerford explains how in this article published in Home Energy Magazine.