Phase 1 partnership with Elevation will bring solar and energy monitoring to almost 1,000 rental residents
NEW YORK...
Author: SFR), a pioneer in the Build-for-Rent (BFR) industry focused on providing intelligent technology in its new SmartLIV rental neighborhoods in an under-supplied market, is proud to announce the installation of solar and Curb energy monitoring solutions on four separate developments across two states. Elevation Home Energy Solutions, which partners with the largest investors in the SFR industry and has developed deep operational expertise working with rental home companies, will be deploying the advanced equipment, systems and services.
Residents at the SmartLIV BFR communities near Austin, Dallas, San Antonio, and Panama City will have an opportunity to save money on their electric bills and get insights into how they consume electricity, all while helping preserve the environment.
Phase 1 development build-out highlights include:
- Residents can save up to 20% on utility bills.
- In the first year alone, deployments at the developments are projected to produce almost 7,000,000 kWh of sun-generated electricity, mitigating almost 5,000 metric tons of CO2 emissions had this electricity been produced at a fossil fuel plant. This is the equivalent of removing over 1,100 cars from the road. 1
- Curb provides the SmartLIV homes with real-time data on how HVAC and other major appliances perform and triggers early warning signals to prevent tenant disruption and costly emergency repairs.
With inflation remaining persistent and the cost to maintain our nation's power grid skyrocketing, SVN