An important yet often overlooked aspect of owning or managing a multi-family property is maximizing efficiency and savings through right-sized hot water service.
During a FREE on-site hot water consultation, a DRF Solutions Engineer will review the design of your hot water service for optimal performance and energy savings. The key items included in an on-site consultation include:
Scalability Review
We will conduct a thorough examination of your property’s systems to identify commonalities such as similar makes and models of in-unit water heaters.
Identifying common systems helps technicians become familiar with equipment, streamlining maintenance and repairs. For owners and managers, consistency in equipment simplifies inventory management and reduces costs associated with stocking varied replacement parts.
Life Safety Standards
We will ensure that systems, including water heating systems, meet current life safety standards.
Compliance mitigates the risk of accidents and reduces the likelihood of property damage and potential legal claims. In addition, the property’s reputation is enhanced leading to higher tenant satisfaction and retention, as well as potentially lower insurance premiums.
Design/Capacity Review
We will evaluate your property’s environment to determine the most effective solutions for system replacement or installation, including reviewing the capacity and efficiency of boilers.
Optimal system design ensures efficient operation, while minimizing energy consumption and reducing utility costs. Properly sized and efficient systems enhance property values and attractiveness to potential tenants. This typically translates to higher occupancy rates and increased rental income.
Efficiency Review
We will evaluate whether the property is getting the best value for the money in terms of energy and financial expenditures, such as identifying instances where commercial water heaters may be more suitable than standard ones.
This can lead to improved efficiency and lower utility bills with reduced environmental impact, thus aligning with sustainability goals. Lower operational costs increase the property’s profitability and ROI.
Planning for Future Maintenance
We will assess the current state of the systems and identify potential future maintenance needs, offering proactive solutions to address upcoming issues.
Proactive maintenance minimizes downtime and disruptions to tenants, maintaining tenant satisfaction and reducing or eliminating emergency repair costs. Anticipating future maintenance needs allows for better budgeting and planning, preventing unexpected expenses and ensuring the property’s continued functionality and value appreciation.
Overall, an On-Site Consultation will provide you with invaluable insights and recommendations that not only ensure the safety and functionality of property systems but also contribute to cost savings, tenant satisfaction, and long-term profitability for property owners and managers.
Contact DRF today to discuss your needs and schedule your on-site consultation with no cost or obligation.
