Multifamily Energy Markets

MULTI-FAMILY AND MIXED USE

Common Area and Resident Lighting

Lighting may account for up to 75% of electrical costs on house meters at multifamily complexes. Upgrading to energy efficient lighting is one of the most impactful and quickest payback of any investment available. Most states now offer rebate incentive programs for lighting upgrades to reduce the out of pocket costs for owners. Using quality long life lighting products such as LED, Induction and Linear Fluorescent provides significant additional financial benefits through reduced work orders, maintenance costs, and inventory. Monterey has saved its multifamily customers and their residents millions of dollars in electric and maintenance costs. Our team provides proven retrofit or replacement solutions for nearly every light source found at an apartment complex including:

• Exterior: Parking structures, car ports, pole & post top lighting, wallpacks, bollards, breezeways, landscape lighting, submerged pool lights, and tennis courts.
• Interior: Recessed lighting, track fixtures, ceiling drums and bathroom vanities, occupancy sensors, elevators, stairwells, wall sconces.

Water and Gas Measures

For most multifamily building owners, the cost of water is an increasing concern for their bottom line. For water heated by natural gas or electricity, even modest reduction in consumption can result in strong return on investment and reduced operating costs. Many utilities are offering low-cost or no-cost programs to retrofit tenant and common area shower heads, faucets, and even toilets. Monterey offers a variety of solutions to help protect this natural resource and improve financial performance.

Carbon Monoxide Detection

Carbon monoxide poisoning kills approximately 500 Americans each year. To combat this “silent killer,” 28 states and counting have passed legislation requiring some form of CO detection for the safety of residents in living spaces. Effective July 1, 2012, owners of multifamily buildings in California are required to have CO detectors installed in every dwelling unit or face significant financial penalty.

Parking structures without proper ventilation also pose a very serious risk to residents. Old antiquated ventilation systems, motors and fans consume significant energy and can be replaced or upgraded with CO Sensors and variable frequency drives to become energy efficient while complying with safety codes.

Electric Vehicle (EV) Charging Stations

Electric vehicle charging in the United States is growing by an annual rate of 20% over the next five years. As legislation, federal grants and environmental regulation continuing to evolve, automotive manufacturers are responding with an influx of models that operate exclusively or through Hybrid motors on an electrical charge. Multifamily residents are increasingly requesting or demanding the ability to charge their cars while at home. Any apartment community focused on offering “green” and sustainable living will benefit from proactively providing this relatively inexpensive offering to its residents.