The Environmental Protection Agency has awarded the ENERGY STAR rating to a total of 33 apartment properties since launching the 1-100 rating standard in September 2014. Currently, the EPA says that more than 24,000 apartment buildings are tracking building energy performance metrics. The awards are available for properties that receive a performance score of 75 or higher.
Those apartment owners and managers interested in receiving a score can enter required information about their buildings into Portfolio Manager, which will continue to chart property information. Buildings located in areas where utility providers do not currently provide whole building utility consumption data are not able to get a score. However, the program provides valuable information about the relative energy-efficiency of properties over time, as well as an assessment of upgrades that are made to building systems.
As we reported in September, the 1-100 ENERGY STAR score also represents a major milestone for the Fannie Mae Multifamily Mortgage Business and its Green Initiative, which provided EPA with essential information on energy consumption and characteristics of multifamily properties drawn from their Multifamily Energy and Water Research Survey.
NMHC supported the survey, which is part of a broad national effort focused on understanding trends in energy and water consumption, as well as costs in multifamily properties. The survey provided EPA with a robust data set to supplement the information that the agency had collected in support of developing an ENERGY STAR rating for multifamily properties.
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