In New York City and beyond, fully electrified buildings play a key role in achieving a clean, resilient, and carbon neutral future. To propel the industry forward in this regard, building electrification is the subject of several recent local laws, sustainability incentives, and institutional mandates. As part of a larger strategy to combat climate change, and in combination with a commitment to provide cleaner power sources for the electric grid, we are fully investing in the conversion from fossil fuel systems to highly efficient electric systems. As
we make this transition, we need to account for the fact that electricity is nearly five times as expensive per unit power as natural gas. With their relatively high domestic hot water loads, multifamily buildings and most especially affordable housing buildings will bear the heaviest financial burden of increased utility costs.
This report addresses strategies on how to reduce the utility costs of fully electrified multifamily buildings below the threshold of hybrid gas and electric buildings.
- Full Report– A comprehensive analysis of strategies to reduce utility costs in fully electrified buildings.
Download here: [Link] - Tear Sheet – A concise overview of key findings from the full report.
Download here: [Link] - Greenbuild Discussion – And again, the summary presented via video.
Watch here: [Link]
