ATLANTA—In property management, the ability to drive cost-savings is a competitive differentiator. And eco-friendly strategies are at the fore.

We've been talking with Chris Normandeau, director of FS Energy, the energy management and advisory subsidiary of FirstService Residential, about not leaving cold hard cash on the table. He also shared with us seven ways to cut multifamily operating costs now.

“One of the clearest ways to show board members that there's room for improvement and savings is to compare energy usage and strategies,” Normandeau tells GlobeSt.com. “In South Florida and other warm climates, that means performing an EOA as a benchmark and using it to continuously compare a building's energy usage and costs. In other regions with cold winters—like the Northeast—comparing a building's energy usage and strategies with similar buildings can make a significant impact.”