Apollo Assist Multifamily Energy Audit
Helping Improve Your Home’s Comfort!
Why Get An Energy Audit
The Apollo Assist Multifamily Energy Audit is designed to locate areas that will reduce the annual energy spend of both your common areas and tenants.
We will help you become carbon-neutral and in-prove your ESG Reporting. Becoming carbon
energy use. For instance, it will show how you can improve your tenant’s comfort. This will lead to lower vacancy and higher rental rates. For instance, you cannot fix what you do not know is broken. Therefore, an energy audit is the most sensible first step you can take. However, having an energy audit done without an understanding the science behind how a building uses energy will cost you.
Market Rate Or Affordable
Subject Matter Experts
Financing can help you pay for the upgrades. Therefore use one of the most popular financial options. That is, Property Assessed Clean Energy (PACE).
Commercial PACE programs fund energy efficiency, renewable energy, water efficiency, and seismic improvements for multifamily properties.
Additionally, financing is repaid on property taxes for up to 30 years. However, payments start 12-18 months after the upgrade has been completed. Because of this, you have a minimum of 12 months worth of savings before you have to service the debt. However, there are other benefits to making these upgrades the right way.
Rental Rate Increases
For instance, rental rates can be increased. In a rent control zone, a willing tenant can exit the current agreement and enter into a new agreement. This work-around to raising rental rates is a win-win if the tenants is also benefiting.