Multifamily Program Information
The SoCalREN Multifamily Program provides two ways to help you upgrade your property:
- Technical Assistance: An energy and green building consultant will work with you to identify cost-effective upgrade measures for your project and connect you to applicable incentive programs.
- Incentives: Improvement incentives help offset the cost of purchasing and installing energy conservation measures, such as upgrades to lighting, water heating, and HVAC systems.
Opportunities for improvements can range from a system replacement to a full rehabilitation. The program design is based on analysis of how your property uses energy as a whole, and encourages full building, integrated upgrades rather than individual measures.
Ready to get started? Complete our Interest Form.
How It Works
The Multifamily Program is designed to save you money and add value to your property. The simple process will make it easy for you to save time and minimize your administrative burden.
- Access consulting: An energy and green building consultant will work with you to identify cost-effective upgrade measures and connect you to incentive programs.
- Get an assessment: Identify the most cost-effective improvements with an energy audit.
- Make improvements: Purchase and install energy conservation measures.
- Receive incentives: Program financial incentives can help offset your costs (details below).
Why Upgrade Now?
- Making your property more energy-efficient can result in ongoing energy cost savings.
- Today’s efficient systems and durable building materials reduce operating costs and require less maintenance.
- A more comfortable, green building can differentiate your property from less efficient properties and help you attract new tenants.
- Financing and incentive options make upgrades more affordable. For certain low-income properties, energy upgrades can unlock additional financing and funding opportunities.
Summary of Program Offering
- The improvement incentive is based on the overall energy efficiency improvement; incentives vary, and can be up to $1,200 per unit.
A multifamily project must meet the following eligibility criteria in order to participate in the program:
- Property is served by either Southern California Edison or SoCalGas®
- Building contains a minimum of three units
- Project must include at least three energy efficiency measures
- Project must achieve a minimum 10% energy improvement
- Improvement must be completed by December 31, 2019