There are lots of reasons to focus on efficiency in your property. Your tenants bills go down, your bills go down, and you can reduce the negative impacts to the planet. One of the more effortless ways to impact utility usage and spending is through technology automation. Automation can be implemented in all areas in your immediate control—such as common areas and empty apartments, but you can also offer smart tech to your tenants that will further reduce your building's energy footprint. If you are looking to build out Photovoltaic (PV) systems on your rooftop (such as the State of California is requiring for MDUs), internet-based network infrastructure is a must have, and the energy savings can get much larger still.
Systems such as smart lighting, thermostats, leak sensors, and water monitors implemented in common areas can reduce your utility costs by as much as 30%, and potentially much more with a PV system.