SLIDE 1
“How to manage quality so that it becomes a source of profits”
MULTIFAMILY RENOVATION BREAKING THROUGH THE BARRIERS How to manage - - PowerPoint PPT Presentation
MULTIFAMILY RENOVATION BREAKING THROUGH THE BARRIERS How to manage - - PowerPoint PPT Presentation
MULTIFAMILY RENOVATION BREAKING THROUGH THE BARRIERS How to manage quality so that it becomes a source of profits How to manage quality so that it becomes a source of profits Why cant this be done with efficiency?
SLIDE 2
SLIDE 3
“How to manage quality so that it becomes a source of profits”
Why can’t this be done with efficiency?
SLIDE 4
Aging Multifamily
A Sinkhole of Energy and Environmental
SLIDE 5
We Talk As If These Are The Barriers to Multifamily Renovation
- Split Incentive
- Uncertain Outcomes
- Access to Capital
- Return on Investment
- Others
SLIDE 6
Asking the Wrong Question
SLIDE 7
How do we ensure that the
- wners
- f
aging multifamily assets make a profit off of energy efficiency upgrades?
The Right Question
SLIDE 8
Calculate Savings Standardize Inputs and Presentation High Quality Retrofit Superior Reporting
- f Outcome
Quality Outcome
+ +
+ =
When an Owner wants to “re-position” a property – there is an opportunity for an efficiency upgrade:
Best Investor Great SPEER Practices Confidence Contractors Members
SLIDE 9
Calculate Savings Standardize Inputs and Presentation High Quality Retrofit Superior Reporting
- f Outcome
Quality Outcome
+ +
+ =
+ Quality Quality Quality + +
=
When an Owner wants to “re-position” a property – there is an opportunity for an efficiency upgrade:
Best Investor Great SPEER Practices Confidence Contractors Members
SLIDE 10
Non Energy Efficient Apartment
Energy Efficient Apartment
The PROBLEM - We cannot quantify how much less energy use! GOOD NEWS: The Energy Efficient Apartment Uses Less Energy
SLIDE 11
Purpose of Quantification
Enable third-party funders to incorporate the amount of utility cost reduction into financial underwriting and repayment model..
- lowers risks and costs of large scale energy
retrofits
- frees
up investment capital to fund improvements on large scale
SLIDE 12
Sophisticated Energy Model Development
More Energy Used Less Energy Used
Energy Use Analysis
SLIDE 13
SLIDE 14
- Capitalize on SPEER membership expertise
- Many have pieces to the puzzle
- Data
- Engineering
- Testing
- Modeling
- Results Analysis
- Reduce the variance on “Best Practices”
calculating efficiency across multiple units
SLIDE 15
ENERGY EFFICIENCY CAN BE CAPTURED AND USED TO FUND ITSELF
By
SPEER
The South Central Partnership for Energy Efficiency as a Resource
Published 2014