Wishrock Investment Group: Energy performance

Energy Performance
Cumulative (vs. Baseline)12%
Annual (2018)5%
PORTFOLIO SUMMARY: WHOLE BUILDING DATA BY REPORTING PERIOD

Better Buildings Challenge partners strive to report whole-building data for all properties within their portfolio. Often, Multifamily partners face the added challenge of collecting data from tenant-paid utility accounts. The Better Buildings Challenge is working with Multifamily partners and utility companies to improve the data collection and reporting process. While this important work continues, Multifamily partners are being recognized for their successes within those properties that are reporting whole-building data. Wishrock's portfolio consists of 27 properties, 4,276 apartment units and 3.4 million square feet. For the 2018 reporting period, Partner reported whole-building data for 39% of its portfolio.

Wishrock Investment Group
PORTFOLIO ENERGY PERFORMANCE

Better Buildings Challenge Partners strive to decrease portfolio-wide source energy use intensity (EUI) and to increase the percent improvement compared to a set baseline. Wishrock's portfolio consists of 27 buildings and more than 3.4 million square feet. Wishrock has improved energy performance by 12% from a 2014 baseline for the properties reporting whole building data, making progress towards a goal of 20% by 2024.  Wishrock's energy savings is a result of implementing comprehensive green rehabs and achieving Enterprise Green Communities certification. In addition, the company has completed several energy and water retrofits, and has rolled out a Green Operations & Maintenance Program across its portfolio.

ENERGY PERFORMANCE BY PROPERTY

Looking at the percent improvement in energy performance across all facilities can provide insight into how an organization is saving energy.  Wishrock has achieved energy performance improvement of greater than 15% at 5 of its properties, and between 10% and 15% at 2 of its properties and ~2% savings at 1 property. As more buildings report whole building data future energy efficiency improvements can be identified.

IDENTIFYING OPPORTUNITIES FOR IMPROVEMENT

Property-level energy performance metrics, including EUI and percent improvement to date, are critical to track progress over time and identify opportunties for additional energy savings. Wishrock's portfolio consists of properties with a wide range of baseline EUI values, most of which are from 100 to 200 kBtu/sq. ft. The majority of properties have shown energy improvement since 2014. The properties located near or below the 0% axis may present good opportunities for further savings.