Candlelight Square Apartments – Case Study

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Candlelight Square Apartments

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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

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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.
Details of our services are provided at www.icastusa.org