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16 - The Hidden Math Behind Multifamily Sustainability

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In this episode, Dimitris Kapsis https://www.linkedin.com/in/dkapsis/ , Vice President of Energy Management at Fairfield Residential, shares his expertise on leveraging utility data for smarter energy management in multifamily properties. Discover actionable insights on data analysis, equipment upgrades, and measurement verification that can drive significant cost savings and operational efficiency. This episode is brought to you by Public Grid https://www.linkedin.com/company/publicgrid/. Public Grid helps multifamily operators see what’s normally invisible, simplify sustainability, and create better resident experiences — without adding operational burden. We bring visibility into property and portfolio-level utility usage that’s historically been opaque, give operators RECs and sustainability credit when residents choose greener energy, and make it easy for residents to sign up in just three easy steps — saving money and hours of effort. The result? Happier residents, cleaner data, and smarter decisions — all without changing how you operate your properties. Learn more: https://publicgrid.property/?utm_source=MMN&utm_medium=podcast&utm_campaign=theutilityroom Timestamps: 00:00 - Introduction to Dimitris Kapsis’s background and expertise 00:30 - Dimitris’ early career in energy management and real estate 02:00 - The evolution of utility management systems with AUM 03:36 - Data analytics in utility management and cost reductions 04:51 - Industry perspective: Usage driving expense vs. expense driving usage 05:56 - How to analyze and interpret energy consumption data 06:25 - Weather versus baseline energy trends 07:21 - Water usage as a distinct utility with different data considerations 08:17 - Sensitivity of utility data to weather and equipment operation 09:16 - Prioritizing equipment upgrades for maximum savings 10:16 - Lifecycle analysis and proactive replacement strategies 11:42 - Calculating ROI for HVAC and boiler replacements 13:00 - The importance of third-party consultants and ROI benchmarks 14:26 - Secondary benefits of equipment upgrades, including water and energy savings 15:23 - Lighting retrofit success stories and curb appeal improvements 16:30 - Strategies for effective lighting project implementation 17:29 - Piecemeal projects versus comprehensive upgrades 18:47 - Enhancing property curb appeal through lighting 19:24 - The value of design, color, and lighting quality in retrofits 20:28 - Measurement and verification (M&V) best practices 21:25 - Addressing utility rate structures and flat sewer charges 22:20 - Utility incentives, ROI considerations, and cost-benefit analysis 23:17 - Prioritizing projects based on problem severity and ROI 24:12 - The importance of precise metering and sub-metering 26:25 - Analyzing specific utility points versus aggregate loads 27:16 - Final thoughts and closing remarks 🔔 Click subscribe to @MultifamilyMediaNetwork on YouTube and stay up to date on our growing lineup of multifamily industry leaders and must-hear conversations! 📰 Sign up at https://www.multifamilymedianetwork.com/ to receive our newsletter and explore our library of podcasts and blogs from today’s multifamily experts! #TheUtilityRoom #UtilityInsights #Multifamily #SustainableLiving #PropTech #Sustainability #WasteReduction #EnergyEfficiency

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