This post is written by Marcella Bondie Keenan, policy fellow at Elevate Energy.
Building owners can save money by investing in energy efficiency improvements. But if they can’t afford the upfront costs of the upgrades, they continue to pay higher energy bills and are even less able to pay for energy efficiency improvements down the road.
On-bill financing (OBF) is one tool to help owners break out of this cycle. It provides an opportunity to invest in energy…Continue
Sandeep and Carolyn Sood own several apartment buildings in Chicago, but the 55-unit building at 6731 S. Jeffery Boulevard is special. The building is one of the first in the country to receive the new ENERGY STAR® certification for multifamily buildings.
“For us, it’s an important designation. It shows people that want to live here that we care.…Continue
Liz Vogel replaced the windows and updated the heating system in her small multifamily building in the Logan Square neighborhood of Chicago. But she still noticed that parts of her home were not staying warm in winter. So she set out to solve the mystery of the missing heat. She saw icicles hanging from her roof, and that was a clue that pointed to where heat was escaping. The presence of these “ice dams” meant that Liz was paying to heat her roof and melt the snow instead of heating her…Continue
Added by Melissa Ulbricht on May 15, 2014 at 8:32am — No Comments
In 2013, we published a blueprint with the National Home Performance Council that outlines a seven-step…Continue
Remember, though, improvements must have been installed in 2013, not just purchased, and generally, claims can only be made on your primary residence.
Eligible measures may include doors, windows, and…Continue
Added by Melissa Ulbricht on January 23, 2014 at 11:04am — No Comments
Often, when homeowners make improvements to an existing house, the most important aspects of home performance – including safety, comfort, energy efficiency, durability, and environmental impact – are literally invisible during key steps of any home sale or refinance transaction.
One result is that energy…Continue
Back in the ‘80s, the Center for Neighborhood Technology and others helped the City of Chicago pass a residential utility disclosure ordinance that required the disclosure of heating bills when residential properties are sold or leased in the city. Why? Heating expenses constitute a significant home expense, and it’s important for consumers and Realtors to have access to this information.
Until now, complying with the ordinance could take up to two weeks: a Realtor submitted an…Continue
Added by Melissa Ulbricht on January 11, 2013 at 11:00am — No Comments