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Energy Efficiency: Benefits to Apartment Owners & Tenants

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Presentation on theme: "Energy Efficiency: Benefits to Apartment Owners & Tenants"— Presentation transcript:

1 Energy Efficiency: Benefits to Apartment Owners & Tenants
Tim Perrin Neil Curtis Vermont Law School July 28, 2010

2 Glossary of Terms Conservation: Turning the light off
Efficiency: Getting the best light in the right location in the most efficient manner Renewable Energy: Lighting the bulb with a renewable energy source (i.e. Wind, Solar, Other)

3 Efficiency: Our most cost-effective energy resource

4 Efficiency Vermont: Who We Are
Nation’s first statewide provider of energy efficiency services Created by the Vermont Legislature and Vermont Public Service Board in 2000 Competitively-bid, performance-based contract managed by Vermont Energy Investment Corp.

5 Efficiency Vermont: What We Do
Technical Assistance & Recommendations Coupled with Economic Analysis Collaborate with Architects / Contractors Provide “Objective Expertise” Financial Incentives & Assistance

6 Efficiency Vermont: How We’re Funded
Through an Energy Efficiency Charge (EEC) on all electric bills Average residential customer ~$2-3 per month Most states have energy efficiency services—typically managed by their electric utility Other programs: charges buried in electric rates

7 Why is Energy Efficiency Relevant
Energy Efficiency Can… Lower Operating Costs Increase Comfort Improve Occupant Health & Productivity Improve Building Durability & Value Reduce Maintenance Issues

8 Performance Issues: Heat Loss

9 Performance Issues: Moisture

10 Apartment Owner Goals = Tenant Goals Maintain building infrastructure
Reliable mechanical equipment Reduce apartment turnover & complaints Tenants can afford paying rent The building doesn’t fall apart Stay warm (and don’t have to call) No need to look elsewhere Reduce housing expenses – Improve sales potential for apartments –

11 The Barrier to Implementation
Apartments suffer from “the split incentive” Landlord owns the building Tenant pays electric, sometimes fuel bills What is the incentive to make changes?

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13 Pluck the Low-Hanging Fruit
Compact Fluorescent Lights Stop Uncontrolled Air Movement Programmable Thermostat Low-Flow Showerheads / Faucets Annual HVAC Servicing

14 A Bit Higher Up the Tree Add More Insulation
R-38 in attic, R-19 in walls, R-10 in basement Choose Energy Star® Appliances Use 10-50% less energy than standard model Remove Electric Heat & Hot Water Costs 10-40% more than other heating sources

15 Vermont Fuel Price Report
(Source:

16 Fruit Near the Top of the Tree
New Energy Star® Windows Heating System Replacement Evaluate Water-Heating Options Resizing of Air Conditioning System

17 Efficiency Vermont: Your Resource for Energy Savings
Home Performance With Energy Star Vermont Energy Star Homes Efficient Appliances / Lighting Technical Assistance

18 Services: Home Performance
Comprehensive Approach Audit and Implementation Certified Contractors Trained by Efficiency Vermont

19 Services: Home Performance
Energy Audit Installation Pre- and post- “metering” Rebates

20 Home Performance Incentives
Measure 1-4 Units 5+ Units Audit & air leakage reduction of at least 10%. Minimum health and safety measures $250 $500 Heating system duct distribution improvements $100 n/a Heating system replacements See HVAC rebates Maximum total Incentive per building $2,500 $7,500

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22 Services: Rebate Programs
Lighting “Smart” Power Strips Energy Star Appliances Refrigerator Clothes washer Air conditioner Dehumidifier

23 Multifamily Housing Rebate Application
ENERGY STAR Refrigerator: $150 Rebate!! FREE Water conservation Controlled Ventilation: $110 Rebate!! FREE CFL’s

24 Heating & Cooling Incentives

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26 When Is the Best Time to Contact Us
New appliance Renovation Tenant changeover Planned repairs/upgrades Recurring problems Reduce energy costs

27 Questions?

28 _______________________
How to Reach Us… Efficiency Vermont 255 S. Champlain Street Burlington, Vermont 05401 _______________________ (888) Phone


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