Energy Savers offers a free building audit and utility bill analysis to identify cost-effective energy improvements
More and more resources are available to help multifamily rental property owners reduce utility usage, save money, and keep their buildings and businesses healthy. The Preservation Compact brought together energy experts and housing stakeholders to tell property owners and managers about the energy saving options available to them.
Download the PowerPoint presentation
Energy Efficiency Showcase Program (PDF file)
The Energy Savers program, a project of CNT Energy and Community Investment Corporation (CIC), offers a one-stop shop to help multifamily building owners improve energy efficiency and reduce operating costs in their buildings. The Energy Savers team guides building owners through every step of the process. By providing a free energy assessment, identifying the most cost-effective energy-saving investments, offering low-cost loans, and overseeing construction, Energy Savers delivers building-specific solutions and proven results.
Green Refinance Plus
Green Refinance Plus allows owners who acquire or refinance their loans on an apartment building with rent or income restrictions to borrow additional money and to re-invest that money into the property for energy- and water-saving improvements. These improvements are intended to result in better quality apartments for renters, lower utility costs for owners and renters, and reduced environmental footprint of multifamily properties.
Download the Termsheet
Multi-Family Home Energy Savings Program
Through the Multi-Family Home Energy Savings Program, ComEd, along with Nicor Gas, Peoples Gas and North Shore Gas companies, is offering building managers and owners energy efficient solutions—installed by trained technicians from Honeywell Utility Solutions and Franklin Energy—at absolutely no cost.
Resources for Tenants
Citizens Utility Board (CUB) offers multiple resources and services to help owners and tenants save on their utility bills. CUB can help you understand your options from Alternative Residential Electric Suppliers or even help educate your tenants about energy use. They offer a free online energy efficiency tool, CUB Energy Saver, which is helping people to reduce their bills across the state!