Senior living homes saw a steady occupancy decline in 2020. To compensate, facilities have had to find ways to cut costs, without sacrificing the quality of life standards for their tenants. As census numbers continue to decline in 2021, facilities are being forced to tighten their purse strings even further—and we can help. Through this blog, we’ll explain how Combined Heat and Power (CHP) can provide cost-savings during periods of low occupancy at senior living homes.

As they say on Project Runway, “one day you’re in, the next day you’re out.” While environmental efforts are far from the glitz and glam of the runway, if your company isn’t integrating a commitment to sustainability efforts into its business plan, your chances of staying competitive in a crowded marketplace are slim. NYC is leading the charge and encouraging friendly competition by instituting a city-wide benchmarking rating system to gauge the energy efficiency of large buildings. Businesses need to be transparent about everything nowadays, so why not add energy conservation efforts to that list?