Multifamily properties are an increasingly popular housing option. Around one in six households in the United States live in an apartment or condo.
It's no wonder why energy costs are so high. You're supplying multiple families who choose their own air conditioning set points and light levels.
The American Council for an Energy-Efficient Economy (ACEEE) found that if every multifamily property made energy-efficient upgrades, utility costs would decrease by $3.4 billion across the U.S.