Candlelight Square Apartments – Case Study

ICAST Success Stories: Energy Efficiency Retrofit Candlelight Square Apartments

Candlelight Square Apartments

Image28,630 Therms Saved Annually

210 resident market-rate housing property
in Albuquerque, NM

Total estimated project cost: ~$77,689

Incentive from New Mexico Gas: ~$56,867

Estimated Owner Cost: ~$21,473

Project Payback: ~1 Years

Tons of carbon saved annually: ~167

Annual savings obtained through upgrading water measures (new aerators in the kitchen and bath, plus new showerheads), pipe wrap, and new smart thermostats in all units.

ICAST is a nonprofit social enterprise providing social, economic and environmental benefits to local communities including achieving affordability of housing, impacting climate change and creating local jobs through green upgrades of multifamily apartments.
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