How Can Smart Apartment Technology Decrease Your Operational Expenditures?
4 minute read
As the price of energy increases, the question for Property Owners and Developers is “How can smart apartment technology and energy work together?”
The answer is smart energy. Smart energy is making energy efficient through smart technology.
Energy efficiency is synonymous with decreasing operational expenditure.
Fortunately, the percentage of energy consumption via heating and cooling has decreased over the years. However, this is still a significant portion of the building’s energy consumption.
In addition, unoptimized properties can lose out on even more money through various inefficiencies that smart technology could decrease or eliminate.
Smart energy cuts down on operational expenses, and also generates revenue.
What does this look like?
- Smart apartment technology can cut down energy waste, costs, and the physical hassle of optimizing temperature for amenity areas, common areas, and vacant units.
- Smart thermostats can generate revenue in the future by reducing peak electricity demand. STRATIS is conducting groundbreaking research in this area through NREL’s grant. Installing smart and connected devices now is the only way to understand and enable energy efficiency and revenue generation at scale.
- Smart leak sensors sense minuscule changes in humidity to notify Property Managers before there are extensive leak damages
- Smart HVAC can “learn” to operate the property with greater efficiency instead of delivering the same amount of air and/or heat everywhere.
Want to learn more? Take the first step towards a more cost and energy efficient property today.
STRATIS enables smart apartments and intelligent buildings and is the only platform of its kind built for the complexities of multifamily and student housing. Since launch, STRATIS has installed in 350,000 apartments across the U.S. and more than 30,000 internationally. STRATIS is an Inc. 5000 “Fastest Growing Company in America” and an Entrepreneur 360 “Best Company in America.” To get more information visit: STRATISIoT.com.