Energy Consumption Modeling
Our energy consumption modeling provides developers and property managers the ability to increase net operating income while maximizing efficiency investments in affordable housing.
There are several options for calculating utility allowances for LIHTC affordable housing properties. For LIHTC properties, especially those at maximum rent, the calculated utility allowances could have a significant effect on rent.
A building owner may calculate utility estimates using an energy and water and sewage consumption and analysis model (energy consumption model). An Energy Consumption Model must at a minimum take into account specific factors including, but not limited to unit size, building orientation, design and materials, mechanical systems, appliances, characteristics of the building location, and available historical data.
What is Energy Consumption Modeling?
Custom utility allowance calculations optimize NOI by lowering the utility allowance.
Energy Bees Presence
We have the capability to enter new states where Energy Consumption Models are accepted, at any time.
On average, Energy Bees clients’ are seeing:
$1,060
Additional NOI per unit
3 Months
Return on investment
$96,500
Annual benefit to property
No Risk Modeling
At Energy Bees, we believe in offering services that carry no financial risk to our customers - it’s part of our commitment to your peace of mind and our confidence in our expertise which is the reason behind our ‘no risk modeling’ guarantee.
If our Energy Consumption Model (ECM) does not provide a benefit over the Public Housing Authority’s (PHA) Utility Allowances, there will be no charge. It’s our promise that you only invest your money where there is value.
If a housing authority ever rejected one of our Energy Consumption Models within the first year, you will incur absolutely no charge. It’s our way of ensuring that our services meet the highest standards for approval and efficacy.
Contact us today for your FREE preliminary analysis.
sadiebronk@energybees.com
(512) 981-8353