Low flow showerheads also use up to 70 per cent less water than standard fixtures without compromising water pressure. There are many models on the market at various price ranges that are attractive. Older showerheads often use 14 litres of water per minute while the energy efficient showerheads may use only four or five litres per minute. Aerators in faucets can also reduce the amount of water used by residents and replacing washers and dryers in the laundry room with more efficient machines can bring an excellent payback.
Finding ways to eliminate wasted heat is a simple way to save money. Reflective panel systems can redirect heat back into the building instead of it being lost through an exterior wall. And managing the temperature within units can make a big difference to heating bills.
“We put in a system that’s only recently become available where heating is controlled by a thermostat and if the tenant leaves the apartment, it will back off the heat,” explains Smith. “We’re going to get a big rebate from hydro on that because it saved a ton of money. The rebate we’re going to get is $15 thousand per building in two 64 unit buildings.”
They also install variable speed drives and building automation systems that can be monitored to save energy according to the buildings’ needs and uses. They examine all the bills for inefficiencies or other red flags that can cost the landlord money.
Some landlords will reduce the amount of lighting in corridors in order to save energy but this isn’t a good idea since dim hallways can be a safety issue for residents and tenants will find well lit corridors more pleasant. Save energy by using efficient lighting fixtures with compact fluorescents or LEDs.
For more information on saving money through green retrofits, consult the March 2011 issue of Canadian Apartment Magazine.