10/30/2024

Significant Potential for Espoon Asunnot to Cut Energy Costs and Emissions by Investing in Energy Efficiency

An analysis of 1,200 buildings revealed the potential to halve heating costs and reduce emissions by up to 80% through investments in heat pumps and solar power systems. Apex Heat's Energy Audit highlights economically viable measures that improve energy ratings and reduce costs across the properties.

“Thanks to the energy analysis of the entire 1,200-building portfolio, we are now able to prioritize the most cost-effective energy-saving measures.”

Hannu Rahkila, Property Manager, Espoon Asunnot Oy

Apex Heat conducted a study for Espoon Asunnot to assess the possibilities for improving energy efficiency. The study covered over 300 properties and more than 1,200 buildings, with promising results based on simulations:

• Heating costs could be halved by investing in property-specific heat pumps: 80% of the properties could economically benefit from geothermal energy and heat recovery systems. Apex Heat also assessed the feasibility of borehole fields and explored the potential for air-to-water heat pumps.
• Solar power systems would be financially viable for over 90% of the properties.
• Energy ratings could be improved in nearly all properties through economically sound measures.
• The study shows that investments could reduce energy-related emissions by more than 80%.
• However, there are property-specific differences in the financial viability of the investments, as well as their impact on energy ratings and emissions.

Check out an example of what our Energy Audit for a large building looks like: Open link

The analysis was conducted using software and algorithms developed by Apex Heat, which provide accurate insights into which energy efficiency measures are technically and financially feasible. The calculations utilized Espoon Asunnot's actual energy consumption data, allowing for detailed simulations of the best solutions for each property.

Espoon Asunnot's Property Manager, Hannu Rahkila, notes that thanks to the comprehensive energy analysis of the entire building portfolio, the company can now prioritize the most cost-effective energy-saving measures and plan projects on schedule, taking rental development goals into account. The analysis shows that these investments will have a significant impact not only on emissions but also on the energy ratings and E-values of the buildings. The analysis provided by Apex Heat was a valuable and professional support for Espoon Asunnot.

Read more about how our algorithm works