Multifamily property owners are often surprised to learn just how much money is quietly slipping away due to inefficiencies in their electrical systems. Poor power factor and outdated infrastructure contribute to unnecessary utility costs—directly impacting property performance and NOI. Fortunately, there are modern solutions that address these challenges efficiently and affordably.
The Hidden Culprit: Power Factor Penalties Many property managers focus on kilowatt-hour usage but overlook power factor—a key indicator of how efficiently energy is being used. When it drops below a certain level, utilities impose penalties for wasted power. For large complexes, these fines can quietly total tens of thousands of dollars each year.
Outdated Panels, Overloaded Systems Even modern properties can be using electrical panels that weren’t designed to meet today’s demands. Amenities like fitness centers, EV chargers, and smart technology strain systems, leading to energy waste, higher costs, and increased maintenance needs.
The Cost of Doing Nothing Utilities won’t alert you to inefficiencies—they’ll just bill you for them. Over time, unchecked waste erodes NOI and can create compliance challenges tied to sustainability goals or local regulations. Identifying these hidden costs early is key to protecting long-term value.
A Smarter Way Forward Forward-thinking property operators are turning to energy optimization as a strategic tool—not only to lower costs, but also to improve infrastructure reliability and support ESG initiatives. Real-world examples have shown savings of 10–15% in energy usage, with ROI achieved in as little as two months.
Where Bilancio Fits In Bilancio is one of the solutions helping multifamily properties uncover and eliminate energy inefficiencies. Designed specifically for this sector, it helps improve power factor, reduce utility penalties, and optimize system performance—without disrupting residents.
Unseen inefficiencies add up quickly. By taking a proactive approach to energy management, multifamily operators can reduce waste, increase NOI, and future-proof their buildings.