Category: Energy

Partners in Excellence

Yardi’s Fellow ENERGY STAR Honorees

Earlier this year, Yardi earned an ENERGY STAR® Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy after earning designation as Partner of the Year for five consecutive years. The award recognizes Yardi’s efforts in 2022 to help clients benchmark energy and water usage, obtain […]

Energy

Property Energy Data Requirements

The Yardi Role

The U.S. Environmental Protection Agency (EPA) requires commercial and multifamily building owners to improve performance in energy consumption, greenhouse gas emissions, water use among other aspects of building operations. With compliance deadlines approaching, several jurisdictions are stepping up their energy benchmarking efforts. Indianapolis, Miami and New Jersey, for example, have deadlines this year. Deadlines for […]

Energy

Energy Projections

From U.S. DOE

Here are recent projections by the U.S. Energy Information Administration (EIA), a statistical and analytical arm of the U.S. Department of Energy that collects, analyzes and disseminates energy information. Record liquid fuel consumption coming in ’24 Global consumption of liquid fuels such as gasoline, diesel and jet fuel will set new record highs in 2024. […]

Energy

Satisfying Investors

With ESG Excellence

Today’s real estate investors not only want the financial and operational numbers on their assets but what’s driving them. That includes environmental, social and governance (ESG) performance, which is becoming increasingly important to property occupants, investors and regulators. In fact, many institutional investors who provide money for U.S. real estate companies incorporate ESG criteria into […]

Energy, Technology

Keys to ESG

Stay Ahead of the Curve

Note: This article is adapted from an interview with Joe Consolo, Yardi’s industry principal for energy, that was published in PERE magazine. “ESG [environmental, social and governance] performance is becoming a key concern and differentiator for many real estate players,” PwC and the Urban Land Institute declared in their joint Emerging Trends in Real Estate […]

Energy

Cities Step Up

Top ENERGY STAR Performers

The ENERGY STAR® initiative, which certifies businesses and consumer products that conform with energy-efficient solutions that protect the climate and public health, launched more than 20 years ago. It remains a key U.S. Environmental Protection Agency initiative to reduce greenhouse gas emissions, promote carbon pollution-free electricity and achieve net-zero emissions targets. An EPA report in […]

Energy

Observe Earth Day

With Energy-Saving Measures

The first Earth Day took place in 1970 when 20 million Americans united to demand greater protections for our planet. Today, Earth Day is recognized across the globe with one billion individuals supporting the mission to maintain and protect our planet’s natural resources. With increased attention on ESG initiatives, this Earth Day is a great […]

Energy, News

STAR Power

Yardi Earns Fifth EPA Award

Each year, the U.S. Environmental Protection Agency (EPA) honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy efficiency achievements. Since 1992, the EPA’s ENERGY STAR program and its partners helped prevent four billion metric tons of greenhouse gas emissions from entering our atmosphere. In 2020 alone, […]

Energy

Partner of the Year

Sustained Excellence Recognized

Yardi is honored to receive the 2023 ENERGY STAR® Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy after being named Partner of the Year for five consecutive years. The award celebrates companies that offer energy services and products in the commercial, institutional or industrial markets […]

Energy

EV Tech

A New Property Necessity

Electric vehicles – and their charging apparatuses – are a hot topic. With electric vehicles accounting for only about 6% of U.S. new car sales in 2022, the country is one of the world’s largest markets for EVs. The federal government has set a goal of 500,000 EV charging stations at apartment buildings, public parking […]

Energy

EIA Updates

Building Efficiency & More

This is the latest of our periodic updates on the U.S. Energy Information Administration (EIA), the U.S. Department of Energy’s statistical and analytical agency. EIA collects, analyzes, and disseminates energy information for the benefit of energy policymakers, analysts and consumers. Winter costs on the rise The EIA expects higher wholesale electricity prices this winter in […]

Energy

ENERGY STAR Impact

Detailed in EPA Report

A recent report from the U.S. Environmental Protection Agency traces 20 years of energy efficiency progress enabled by ENERGY STAR® and proposes a framework for achieving a zero-carbon economy. ENERGY STAR originated in 1991 as part of the EPA’s Climate Partnerships Programs initiative, which sought ways to reduce greenhouse gas emissions, promote carbon pollution-free electricity […]

Energy

Building Energy

ARPA-E Project Updates

The Advanced Research Projects Agency-Energy (ARPA-E) sponsors corporate and academic institutions in a variety of energy-related projects. Here’s the latest of our periodic reviews of recent developments at the agency, which serves as the U.S. Department of Energy’s R&D arm. Buildings as carbon storage facilities In June, the DOE announced 18 contract awards for its […]

Energy

EPA Buildings Report

Highlights Disparities

A report from the U.S. Environmental Protection Agency illustrates how race and income impact the energy performance of a community’s buildings. The DataTrends research and analysis report shows that ENERGY STAR® scores for buildings in communities of color averaged 2% lower than buildings in majority-white communities. Buildings in low-income communities scored an average of 4% […]

Energy

A Single Solution

For IM and ESG Efficiency

A growing need for transparency among real estate managers, tenants, regulators and investors is expanding the value of automated property management technology platforms that centralize operational and financial data. “You need a consistent process to allow investors to access timely information,” says Chris Barbier, senior director of investment management at Yardi. “The new generation of […]

Energy

Energy Benchmarking Laws

Ramping Up in 2023

New energy benchmarking and reporting requirements requiring use of ENERGY STAR® Portfolio Manager are soon going into effect as cities, counties and states in North America work to reduce environmentally harmful emissions and combat global warming. Examples include: Montreal, QC. A city bylaw supporting the Climate Plan’s goal to become carbon neutral by 2050 requires […]

Energy

NYC Local Law 33

Energy Score Deadline Approaching

In December 2017, the New York City Council passed Local Law 33. The administrative code and a subsequent amendment require owners of buildings over 25,000 square feet to post the building’s energy usage and efficiency scores on the premises. The Oct. 31 deadline for building owners to post their Energy Efficiency Rating Label for 2022 […]

Energy

EIA Updates

Offer Long-Term Focus

Here’s the latest of our periodic updates of news and trends reported by the Energy Information Administration, a statistical and analytical agency of the U.S. Department of Energy. Conflict spurs fuel price uncertainty Fuel price projections are uncertain, due in part to the Russia-Ukraine war’s potential impact on nations, energy producers and markets. With global […]

Energy, Events

ESG Ready

OSCRE Innovation Forum

According to Naseem Wenzel, Executive Director and Head of Real Estate Assets at Lionpoint Group, “ESG is coming fast and furious, which leaves investment managers, real estate owners and operators and service providers in a position of either being reactive or proactive.” What position is your company in? In OSCRE’s May 25 Innovation Forum, ESG: […]

Energy

National Stars

In Energy Leadership

Yardi recently earned the 2022 ENERGY STAR® Partner of the Year Sustained Excellence Award, the highest honor bestowed by the ENERGY STAR program, in recognition of its longstanding commitment to protecting the environment through superior energy efficiency achievements. The company’s accomplishments over the past year include helping more than 200 clients benchmark energy in 5,000+ […]

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