Nationally, the potential for energy savings from multifamily properties is relatively untapped, as documented by multiple studies and reports over the years by a wide range of industry experts.1 In New York, there are several active efforts to promote more efficient use of energy, including the New York Public Service Commission’s “Reforming the Energy Vision” (REV) initiative and New York City’s commitment to reducing the City’s greenhouse gas emissions by 80 percent over 2005 levels by 2050. Given the frequently underachieved multifamily efficiency potential and the portion of multifamily buildings in the State, special consideration of this sector will likely play a key role in helping New York to reach its energy efficiency goals. This white paper explores energy efficiency in New York’s multifamily sector, including the following.
- An estimate of the achievable cost-effective electric and natural gas efficiency potential among multifamily buildings in New York
- Information on the market barriers faced by multifamily building owners and occupants, best practice recommendations for programs to overcome these barriers, and notes regarding the extent to which current multifamily program efforts in New York are implementing these best practices
- Recommendations regarding multifamily sector programs and approaches in New York State
Click here to read, “Exhibit A: New York State Multifamily Efficiency Opportunities” in its entirety.