Utility Benchmarking

Utility benchmarking is a fundamental asset management practice, consisting of tracking, analyzing, and reporting the utility consumption and costs associated with a property or portfolio of properties. It allows multifamily property owners, as well as associated funding providers and governing agencies, to gain insight into the energy and water performance of properties, the potential for improvement in those properties, changes in performance over time, and the effectiveness of investments made to improve performance.

HUD strongly encourages the practice of utility benchmarking by the companies, organizations, and agencies that own and manage the nation's housing stock. Please visit this site regularly to find news and announcements, events and training, resources and tools, and policies and incentives to support your efforts.

Now Available: HUD's Multifamily Utility Benchmarking Toolkit

Utility Benchmarking Toolkit

This comprehensive guide to utility benchmarking for the multifamily sector is organized into three sections:

  • Benchmarking 101
  • Utility Benchmarking Step-by-Step
  • Policies and Programs

It includes links to key resources and requirements, tools and reports, case studies, and FAQs.

View the Toolkit

News and Announcements

Following YoDa to Benchmarking Glory: HUD's Year of Data Reaches Benchmarking Goals
Date Posted: August 17, 2017

Materials Posted: Multifamily Utility Benchmarking Webinar Series
Date Posted: May 11, 2017

Materials Posted: Multifamily BBC Webinar Series: Tips from the Field - Using 3rd Party Software for Successful Utility Benchmarking - February 16, 2017
Date Posted: February 17, 2017

HUDdle:  The Future of Affordable Housing is Measured and Managed, Lean and Green
Date Posted: October 7, 2016

Better Buildings Beat Blog: Preservation of Affordable Housing Uses Utility Data to Plan Retrofits and Attract Funding
Date Posted: October 4, 2016

Connecticut Green Bank Offers Free Benchmarking Services to Multifamily Building Owners