Powering the Future: The Benefits of All-Electric Multifamily Construction
Building all-electric multifamily properties will support present and future demand from today’s environmentally conscious renters and buyers. These types of properties are more energy-efficient and offer residents improved comfort and health than those that have gas systems.
Taking advantage of California Energy-Smart Homes no-cost technical assistance and financial incentives helps builders, developers, and property owners adopt an all-electric construction strategy, reduce up-front construction costs, and make units more attractive to future residents. There are both financial and intangible benefits that make all-electric multifamily properties appealing.
Modern, energy-efficient technologies are highly desirable
Choosing all-electric equipment and appliances for your next build can give a competitive advantage in attracting environmentally conscious buyers and renters. Communicating thermostats, heat pumps and battery storage are three technologies at the top of many buyer and renter wish lists.
Communicating thermostats, also known as smart thermostats, help residents and homeowners be more in control of their home’s heating and cooling. Scheduling and remote access capabilities can help lower utility costs and improve comfort all year long.
Heat pumps provide quality heating and cooling more efficiently than traditional forced air systems. Because they operate at a continuous level, heat pumps are much better at maintaining a consistent, comfortable temperature in homes. They also filter the air improving indoor air quality.
Battery storage capabilities are good for charging electric vehicles (EVs) and providing power during unplanned outages due to extreme weather events or natural disasters. Batteries can reduce utility costs by collecting and storing energy when rates are lower to use during peak periods when rates are higher.