With inflation and cost of living on the rise, jurisdictional tenant market affordability is a good place to look to save on your operating costs. By retrofitting your multifamily buildings with heat pumps, there are two main advantages for tenants:

1) Reduction in Utility Costs - Making it more affordable for a tenant to occupy the space, or saving the landlord on operating costs.

2) Air Conditioning is becoming a 'MUST-HAVE' rather than a 'nice-to-have' due to ever-growing global warming issues. This also increases the building's rental demands.