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Case Study
Cheverly Crossing
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| Location |
Hyattsville, MD |
| Building Type |
6 story walk-up |
| Submetering Method |
Green Thermostats measuring gas furnaces
Point-of-use water sub-metering
Domestic hot water energy sub-metering
Electric sub-metering |
| Estimated owner benefit per year |
$67,000 |
| Estimated owner benefit per unit/month |
$93 |
| Increase in property valuation at 8% cap rate |
$0.8 million |
| Financing |
3 year lease |
| Payback Period |
20 months |
| # units |
60 |
| # meters |
360 (one electric, one Green T-stat and four water meters per apartment |
| Water conservation per year (gallons) |
7,000 therms of gas
763,000 gallons of water
609,000 kwh |
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