Keene Housing

Summary

Nova was engaged to increase cash flow through energy efficiency in a six-building multifamily portfolio consisting of 144 apartments. Ownership was interested in developing the most cost-effective solutions while leveraging all available incentives and rebates. 

Nova’s scope of work included the following:

1. A preliminary energy-use analysis and benchmark of each building.

2. Investment-grade energy audits on each building, identifying savings of at least 20% source energy.

3. All required program management, including interfacing with state agencies.

Solution

An average of 20% source energy savings were identified through the following improvements:

• Separate and correct DHW production.

• Reduce heating distribution losses through insulation and reset controls.

• Allow for better tenant control of the heat through zone valve rebuilds and new thermostats.

The improvements qualified for and received almost $90,000 in rebates, covering 50% of the project costs.

For further information on our Energy Efficiency services, click here.