Multifamily buildings present a large opportunity for energy savings. According to a CNT Energy and ACEEE report, multifamily housing buildings can reduce their electricity usage by over 15% by implementing cost-effective and comprehensive retrofits.
Dark parking garages can create dangerous situations for drivers and pedestrians alike. A property lit parking garage can help mitigate those risks by providing a consistent, brightly lit environment.
Hotels present a large opportunity for energy savings. According to an ACEEE report, hotels & resorts can reduce their electricity usage by over 46% by implementing cost-effective and comprehensive retrofits, and lighting control systems.
Industrial and storage warehouses cover millions of square feet of opportunity where the on-site and logistical teams rely on safe, consistent dependable lighting for smooth operations. LED lighting provides consistent visibility and contributes to employee safety, minimal risk, and maintenance free operation.
In a detailed 2017 study from Iowa State University, “Energy Efficiency in U.S. Residential Rental Housing: Adoption Rates and Impact on Rent,” researchers concluded that energy efficiency components in rental units were not widespread. Yet, when energy-efficient solutions were implemented, rents increased in a range from 6% to 14.1%.
Between energy reduction solutions, and utilizing EV Charging Stations to drive retail traffic to tenants, Retail presents one of the best opportunities for green energy projects in all of commercial real estate.
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