The last piece of advice Marcus Hiles offers is that renters and buyers locate properties that have central air conditioners with a seasonal energy efficiency ratio, or SEER, of 16 or higher. The Department of Energy only requires new air conditioners to have a 13 to 14, but the higher the number, the better. Hiles notes that compared to a unit with a SEER of 10, you can see a drop of nearly 60 percent in your air conditioning bill. His company Western Rim Properties provides more than $400,000 in energy savings every year thanks to energy efficient air conditioners, pointing out that in five years they will have collectively saved $6 million. Not only that, but over the course of the next ten years they will lessen carbon emissions by more than 325,000 tons.
Environmental stewardship is foundation to the principle of renowned Texas real estate creator Marcus Hiles. “Creating communities that work in harmony with nature and lessen humanity’s carbon footprint is a responsibility I embrace,” he notes. Hiles, who is Chairman and CEO of Western Rim Property Services, has transformed his philosophy into action in over 15,000 classy rental townhomes and apartments in the Lone Star State. One key element of his eco-friendly building endeavor is insttalling appliances tagged by the U.S. Environmental Protection Agency as ENERGY STAR. Since the program’s founding in 1992, Americans’ ENERGY STAR usage has diminished carbon dioxide emissions by 283.2 million metric tons. With the average Texan paying $1,650 per year in electrical bills and another $400 annually for natural gas, energy efficient appliances mean utility yields of up to 50 percent.