Franklin Energy launched the “Multi-family Energy Savings Program” in 2017 with the goal of lowering energy use in Chicagoland’s multi-family building stock. This program, which is a key component of the ComEd Energy Efficiency Program, is one of the infrequent collaborations between the electric (ComEd) and gas (People’s Gas and North Shore Gas) companies in Chicagoland. This program is back for 2018 with an expanded scope and impact due to the multifamily energy efficiency pilot program’s outstanding success among property managers, Trade Allies, and proven energy savings.
Comprehensive, affordable improvements in multifamily buildings can increase efficiency by 15–30%, according to the American Council for an Energy-Efficient Economy (ACEEE). This translates into an annual savings of over $3.4 billion for the industry.
Market rate and Income Eligible are the two categories under the Multi-Family Program. In order for this all-inclusive application to function and update the entire building, it needs access within the units. Please contact us if you would want assistance from one of our energy efficiency analysts in engaging your facility.
Any building that does not specifically provide subsidies for low-income occupants is subject to Market Rate. All condominium complexes and rental apartments at market rate would fall under this category. The best person to get in touch with Verde regarding this program is usually the property manager or a member of the condo board.
Multifamily structures that house low-income tenants are referred to as income qualified or low-income buildings. These buildings focus on offering subsidized rent or services only for low-income communities in Chicagoland, rather than being geographically restricted. The best people to contact about this are property owners or managers. Elevate Energy works with us to provide this ComEd refund.
This program combines the options available in the building’s apartments or condominiums with energy efficiency upgrades in the common areas of multi-family buildings. Examples of the potential benefits could be:
Never believe anything we say. View our efforts to upgrade Chicagoland's HVAC systems to higher efficiency models or even incorporate EV car charging in order to draw in more clients and staff members while also increasing energy efficiency.