Echelon Energy’s Post

Budget season can be tough for multifamily property owners and operators. At Echelon Energy, we can help you find ways to increase your net operating income (NOI) through effective utility efficiency upgrades. On average, we save property owners $60,000 in annual utility costs, with a 48% return on investment. These projects are some of the most cost-effective high-return Capex investments for multifamily properties. Contact us for a FREE energy and water assessment of your portfolio! Reach out directly to the team - Gerad Gilbert Tyler L. King Patrick Brady Hennegan are ready to help - or go to www.echelonenergy.com

Our COO Gerad Gilbert CRO Tyler L. King will be representing Echelon Energy this week at IMN’s ESG & Decarbonizing Real Estate Forum on July 10-11 in Dana Pt, CA, along with our amazing partner Ben Slick from Hydropoint. If you're attending, please drop by our booth to explore water and electric retrofit solutions that drive a double impact by reducing consumption and boosting NOI. events.imn.org/esgsummer24 Information Management Network (IMN)

Echelon Energy is excited to announce that our Chairman and CEO Adam Hanover will be speaking at SuperReturn Energy Transition in Berlin on June 5. If you are in Berlin for SuperReturn International and/or SuperReturn Energy Transition, we would love to connect with you! Snapshot of Echelon The future of utility efficiency transcends mere data analysis and installation. It involves a comprehensive partnership with real estate owners to strategically plan capital expenditures, conduct thorough audits, and procure equipment judiciously. By installing top-tier utility efficiency technologies with the utmost integrity and professionalism, and continuously monitoring for any irregularities to promptly address them, Echelon is redefining energy efficiency solutions. This full-service approach is what Echelon envisions as the future of meeting today's energy efficiency demands and preparing for tomorrow's challenges.  Echelon's Performance Since its inception in 2022, Echelon has successfully completed 270 retrofit projects across 55 clients in 37 states, achieving impressive environmental and economic outcomes. These projects save annually 1.1 billion gallons of water—the volume of 1,500 Olympic-sized swimming pools—and 12.5 million kWh of electricity, akin to taking 1,700 cars off the road. With a total investment of $28.6 million, these projects have led to annual utility cost savings of $12.5 million, translating to a 44% annual cash yield for clients and a $208 million boost in real estate value, based on a 6.0% cap rate. #SRET #EnergyEfficiency #EchelonEnergy

Know your GPF!!! Did you know that toilets can account for up to 50%-70% of your multifamily building's water usage? It's crucial to understand the Gallons Per Flush (GPF) of your toilets and the condition of the flush mechanism to avoid unnecessary water waste. If you don't know your GPF, here are some helpful rules of thumb to keep in mind based on toilet age: - 5 to 7 GPF before 1982 - 3.5 GPF 1982 to 1992 - 1.6 GPF 1993 to present - 1.28 GPF 2004 to present With current technology, Echelon can help achieve a GPF as low as 0.8! By implementing this simple change, you can significantly reduce your water consumption, boost your NOI and make a positive impact on the environment. #sustainability #waterconservation #propertymanagement #multifamily #studenthousing #seniorliving #hospitality

We love to celebrate the amazing team members that make Echelon great. Today we'd like to highlight our Data and Reporting Director Jon Phillips, the true genius behind our cost avoidance data and monthly reporting to clients. Thanks to Jon, we're able to prove it out with every project and show our clients why investing in energy and water efficiency retrofits is a smart investment every time. We're lucky to have Jon on the team! #sustainability #realestate #multifamily #studenthousing #seniorliving #hospitality #energyefficiency #waterefficiency

LED lighting retrofits are not just for energy efficiency. Real Estate owners can improve the safety of a building significantly while reducing energy consumption and boosting NOI with a thoughtful LED lighting upgrade plan. Your residents or guests will thank you for providing a much safer place to live. Let's get started today - we can execute nationwide! #realestate #affordablehousing #hospitalitymanagement #studenthousing #seniorliving #multifamily #esg

We're excited for a great week at IMN's 2nd Annual ESG and Decarbonizing Real Estate Forum in Nashville! Our COO Gerad Gilbert will be participating in a panel discussing Case Studies of ESG’s Profit Impact and our CRO Tyler L. King will be prepared to discuss opportunities to make an impact while boosting NOI. Find us at our booth with our excellent partner Ben Slick from HydroPoint Data Systems.

Boosting NOI is what we do - Check out this amazing select service hotel project in Connecticut where our water efficiency retrofit delivered over $81k in annual utility savings with a 134% ROI in the first 12 months post-implementation. This is true impact! If you own or operate a select service or extended stay hotel anywhere in the United States, contact Tyler L. King or Gerad Gilbert today and we can get started on your property in Q1 to make a serious impact on your operating expenses this year. #noi #hospitalityindustry #hotels #energyefficiency #extendedstay #selectservice

Our clients across Affordable, Hospitality, Student Housing, Senior Living, and Market Rate Multifamily have saved ONE BILLION Gallons of water while boosting NOI by $10 Million annually. Contact us now - we can implement a project on your property in Q1 and make a real impact on your 2024 financial outlook! #hospitalityindustry #affordablehousing #studenthousing #seniorliving #noi #realestate #waterefficiency #energyefficiency

We are pleased to announce that Union Main Group – Echelon’s original investor – has acquired substantially all outstanding interests in Echelon. In conjunction with this transaction, Richard Randall has sold his stake in the company and resigned his post as CEO. Echelon’s Chairman Adam Hanover will now also assume the role of CEO. Over the last three-and-a-half years, under the leadership of Adam and Richard, along with COO Gerad Gilbert and CFO Lukas Nebelsick-Gullett, CPA, Echelon successfully completed more than 200 projects with 37 different clients in 42 states. These projects have reduced CO2 emissions by 14,000 metric tons, the equivalent CO2 impact of nearly 36 million passenger car miles, and reduced water consumption by 920 million gallons, enough water to fill nearly 1,900 Olympic sized swimming pools. These projects have saved our clients $10 million in annual utility expenses and driving $150-200 million of implied equity (capped) value. Our team at Echelon congratulates Richard on his successful exit. We are incredibly grateful for all of your support. While we are very proud of these results, as well as the depth and quality of our “white-glove” service to clients, this is just the beginning. Stay tuned.