Marcus HIles – Real Estate CEO – Tricks to Lower Energy Bills

Marcus HIles - Real Estate CEO - Tricks to Lower Energy Bills
Marcus HIles – Real Estate CEO – Tricks to Lower Energy Bills

Marcus Hiles has long been a supporter of renters and homeowners buying the latest ENERGY STAR rated appliances. In 1992, when the US EPA launched the voluntary labeling program, Hiles knew that it would become a powerful influencing factor in consumers’ purchasing decisions. In 2016, individuals and businesses bought 320 million ENERGY STAR rated appliances, and in turn cut utility costs by over $31 billion.

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Marcus Hiles Offers Tips On How To Cut Your Energy Bill in Half

Marcus Hiles Offers Tips On How To Cut Your Energy Bill in Half
Marcus Hiles Offers Tips On How To Cut Your Energy Bill in Half

Marcus Hiles advocates that homebuyers and apartment renters locate properties that have central air conditioners with a seasonal energy efficiency ratio (SEER) of 16 or above. Although the Department of Energy requires the newest air conditioners to have a 13 to 14 SEER rating – depending on the type of system – the higher the number, the better. “Compared to a 15-year-old home or apartment with a 10 SEER unit, this will cut your air conditioning bill by 60 percent,” he notes. Hiles’ Western Rim Properties is a leader in air conditioner efficiency, delivering more than $424,000 in energy savings to community members each year.

“In five years, they’ll have collectively saved over $6 million,” he marvels. “Plus, over the next decade, we’ll lesson carbon dioxide emissions by 327,000 tons.”


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