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30 - Count the Pennies or Lose the Dollars

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Income Estimates for 30 - Count the Pennies or Lose the Dollars

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Discover how decades of multifamily experience and a focus on sustainability intersect, as Scott Wilkerson https://www.linkedin.com/in/dswnc/ sits down with Mary Nitschke and shares practical approaches for integrating environmental initiatives with financial returns in multifamily housing. This episode explores the surprising co-benefits of energy efficiency, strategic utility management, and industry advocacy to boost property value and resident satisfaction. In this episode: Sustainability as an asset management strategy Utility management best practices Water and energy conservation techniques Legal and regulatory challenges in utility billing Innovative use of blower door testing for fire safety and efficiency Building a database of sustainability best practices Chapters 00:00 Introduction to Scott Wilkerson and his expertise 01:54 How sustainability influences asset value and investment 04:06 The evolution of energy efficiency testing and its benefits 06:05 Unintended benefits of blower door testing: fire safety and insulation 07:54 Cost savings and resident benefits from energy efficiency 10:00 Managing utility costs and communicating value to investors 12:01 Legal battles for utility submetering and billing laws 14:06 The importance of water conservation and direct metering 16:00 Common utility management mistakes and how to avoid them 19:57 Building a database of sustainability best practices 24:01 Key best practices for utility management and conservation 26:04 The impact of utility management on bottom-line performance This episode is brought to you by PlugOp. When it's time to build, PlugOp delivers turnkey installation and software design specifically for the unique needs of apartment communities. And after launch, their real-time dashboard analytics shows you how to scale smarter and optimize pricing over time. If you're looking to elevate your EV charging strategy, PlugOp is with you every step of the way from day zero and beyond. To Learn More: https://www.plugop.com/?utm_source=MMN&utm_medium=podcast&utm_campaign=utility-room-sponsorship 🔔 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!

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