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
Posted on February 18, 2015 at 11:36am — 2 Comments
Posted on January 15, 2015 at 7:51am — 2 Comments
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
Posted on November 13, 2014 at 1:30pm — 1 Comment
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
Posted on September 11, 2014 at 8:30am — 2 Comments