How to better understand and manage your utility management expenses.

1. ©2016 RealPage, Inc.
HOWMUCH
AREYOU
LOSING
THEENERGY
EQUATION( )
?

2. ©2016 RealPage, Inc.
The impact of rising energy and water costs on multifamily property operations is
BIG, AND GETTING BIGGER.
A nationwide study conducted by Fannie Mae surveyed multifamily energy and water
usage, with the following key findings.

3. ©2016 RealPage, Inc.*September, 2014, Fannie Mae “Green Initiative: Transforming Multifamily Housing”
Key Findings: Fannie Mae Multifamily Energy and Water Market Research Survey
$165,000
Each year, an energy inefficient
property can spend an extra
$165,000 in energy costs compared
to an energy efficient property.

4. ©2016 RealPage, Inc.*September, 2014, Fannie Mae “Green Initiative: Transforming Multifamily Housing”
Key Findings: Fannie Mae Multifamily Energy and Water Market Research Survey
$400,000
A property that is able to save just
15% on energy and water costs each
year can enjoy a big boost in value.
For instance, a 100,000 sq. ft.
property spending $125,000 on
energy and $33,000 on water
annually can increase its asset value
by almost $400,000, assuming a 6%
cap rate.

5. ©2016 RealPage, Inc.*September, 2014, Fannie Mae “Green Initiative: Transforming Multifamily Housing”
Key Findings: Fannie Mae Multifamily Energy and Water Market Research Survey
3X | 6X
Properties considered the least
efficient in terms of energy usage
use more than three times as much
energy and six times as much water
per square foot compared to those
that are more energy efficient.

6. ©2016 RealPage, Inc.*September, 2014, Fannie Mae “Green Initiative: Transforming Multifamily Housing”
Key Findings: Fannie Mae Multifamily Energy and Water Market Research Survey
1.29
Compared to Market Rate units,
Affordable units are 29% smaller in
square footage, on average. But
Affordable units are higher density:
1.29 as opposed to 0.91 units per
1,000 square feet. Even with 28%
lower energy use per unit for the
smaller unit, the higher number of
units per square foot means higher
energy cost and use per
square foot.

7. ©2016 RealPage, Inc.*September, 2014, Fannie Mae “Green Initiative: Transforming Multifamily Housing”
Key Findings: Fannie Mae Multifamily Energy and Water Market Research Survey
26%
Median annual energy use is 26%
higher when owners foot the bill for
energy costs, as opposed to when
tenants pay for the energy costs.

8. ©2016 RealPage, Inc.*September, 2014, Fannie Mae “Green Initiative: Transforming Multifamily Housing”
Key Findings: Fannie Mae Multifamily Energy and Water Market Research Survey
4X
Common areas for small properties
(up to 49 units) use almost 4 times
more energy per square foot than
properties with more than 300
units. Here’s why: the common area
is a larger percentage of the smaller
property’s gross square footage.

9. ©2016 RealPage, Inc.*September, 2014, Fannie Mae “Green Initiative: Transforming Multifamily Housing”
Key Findings: Fannie Mae Multifamily Energy and Water Market Research Survey
10%
Compared to low-rise properties,
high-rise properties use
approximately 10% more energy
per square foot. Compared to the
northeast, properties in the west use
50% more water per square foot.

10. $
©2016 RealPage, Inc.
CHANGE THE
( EQUATION )
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counteract the risk of financial loss due to high energy
costs and other inefficiencies. Discover hidden revenue,
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