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OUR BENEFITS

A Better Multifamily Energy Solution

Property owners, developers, and operators realize significant benefits when they team up with Nationwide Energy Partners. With more than two decades of multifamily experience, NEP will help you leverage the electric utility infrastructure in your communities and access financial advantages, exceptional experience, and sustainability offerings.

Key Benefits with NEP

FINANCIAL ADVANTAGES


Reduction in Capital
In a typical multifamily project, the owner/developer pays the host utility a hefty fee just to use their infrastructure. When you own the infrastructure — installed at no cost to you — money typically paid to the host utility is freed up.
Upfront Revenue
NEP offers a one-time, upfront compensation per unit (often called “door fees”). These can boost the bottom line or be invested in sustainable community additions that help meet environmental, social, and governance (ESG) metrics.
Increased Revenue (NOI)
The cost difference between commercial and residential rates is how property owners earn residual, recurring commissions each month. An ongoing commodity revenue stream can boost your NOI, reducing your operating expenses without resorting to raising rents.
energy evaluation and planning

EXCEPTIONAL EXPERIENCE


Expert Guidance

NEP is a true partner with you at every stage in your energy privatization journey. We assume the debt risk, conduct rigorous testing and ongoing inspection, support and maintain the minigrid, and handle all resident billing and servicing. Our singular focus — the multifamily community — means that we truly understand this segment’s unique needs and challenges and are expertly equipped to address them. Our approach reduces the burden of electric infrastructure costs, speeds up development, and creates an energy solution specific to the needs of the multifamily sector.

Customized Solutions

Privatization gives property owners a voice in infrastructure placement, including design and sometimes products. You decide where to place these features based on your property’s unique architectural and functional design and the needs of your community. Our seamless installation is a relief to those typically plagued by a lack of responsiveness, slow installation speed, and lagging expectations. NEP is incentivized to complete your project, typically 20-25% faster than the host utility.

Property Manager and Resident Experience

Privatization gives your community a more streamlined and transparent billing and service experience. NEP assumes all billing and servicing of each resident, takes on the associated debt, and maintains the property’s electrical infrastructure (or minigrid). You gain access to hardware and consulting solutions, property marketing capabilities, and energy efficiency rebates — as well as data and analytics to facilitate more effective energy management.

individuals outlining building plans

Sustainability Offerings


100% Carbon-Free Energy

Together with our owner/developer partners, we are committed to arranging 100% carbon-free electricity to every community we serve, significantly reducing greenhouse gas emissions.

Execute ESG Goals
Growing evidence suggests that the trend of integrating ESG goals — environmental, social, and governance — can provide organizations with a competitive advantage in addition to doing what is socially responsible.
Tracking
NEP provides individual smart metering for all services, including detailed usage tracking for vacant properties and common usage.
wind turbine technician evaluating structure

How it Works

Our solution can be implemented in two ways — through conversion of an existing property or integration into new construction. Either way, getting started with NEP is easy. We’ll guide you through every step, from initial assessment, scheduling, implementation, and resident outreach.
existing property energy integration and new construction

Get Started with NEP in Three Simple Steps

Step 1

See The Value

Let us show you how NEP can increase your NOI.

Step 2

On-site Assessment

Get a free proposal with tailored next steps and detailed ROI.

Step 3

Implement

We’ll cover upfront costs and project manage the entire process.