At OnPeak, we recognize the significance of efficiency in terms of cost reduction and enhancing the comfort and well-being of tenants. Our services assist owners in creating buildings that surpass their competitors, attracting employees who are willing to pay higher rent premiums for the benefits of working in a superior environment. This leads to a higher profit margin when disposing of assets due to an increase in Net Operating Income (NOI).
The benefits of efficiency go beyond financial gains and also improve the security of industrial processes. Minimizing the chances of downtime caused by outages or weather-related events can enhance operations and create a stable and secure work environment. Enhanced ventilation and lighting can also lead to better working conditions for employees, contributing to a positive workplace experience. By implementing sustainable, renewable energy sources, owners and operators not only save money but also demonstrate their responsibility towards the environment.
Efficiency can bring a significant amount of control to hotel operations by allowing for automatic and remote monitoring and control. Bundled projects can generate enough cash flow to repay high-cost items like roofs and increase RevPAR, as guests will experience greater comfort and a more sustainable accommodation.
Projects not only reduce costs but also provide better visibility to management using IoT technology. Remote monitoring and control of operations can be achieved, including managing HVAC in the front and back end. Additionally, reducing food expenses through decreased refrigeration downtime is just one of the ways that an owner can improve service and increase customer satisfaction.
OnPeak is dedicated to helping multifamily property owners in finding ways to improve energy efficiency and take advantage of incentives that lower energy costs and increase the Return on investment (ROI) and improve the average length of tenancy. Energy audits play a crucial role in achieving these goals by identifying which energy efficiency projects to prioritize to achieve the highest return on investment. By implementing energy-efficient measures, multifamily property owners can increase their property’s worth, draw in tenants, and support a more sustainable future.