MGPG Multi-Building Approach

As a value-add apartment investment and management firm, MG Properties Group (MGPG) saw an opportunity across its portfolio to increase cash flow by reducing water and energy expenses. However, the firm did not have the resources internally to become experts in energy and water analytics, incentives, and retrofit implementation.

Bright Power worked with MGPG to develop a tailored strategy: analyze utility data, recommend effective upgrades, target select properties for immediate high ROI retrofit opportunities, source local incentives, and implement eight efficiency measures across 12 properties in Southern California representing over 3,100 apartment homes. The retrofit will benefit the residents with improved interior lighting, more brightly lit exterior common areas, and reduced electricity and water bills. By leveraging economies of scale, the twelve-property retrofit project achieves MGPG’s goals in the most cost-effective way.