548 Energy Solutions
Full-service renewable energy & storage
Through the design, construction, and maintenance of renewable energy & storage,
548 can lower building carbon emissions & individual unit utility bills by 33+%
548 will utilize state and federal resources to create savings for families through reduced building operational costs and community solar projects.
548 Energy Solutions will design and install rooftop solar PV systems on all 548 Development projects and eventually other rooftops throughout Chicagoland
Buildings are the largest contributor to CO2 emissions and this is especially true in outdated structures. These buildings show their inefficiencies by the high utility costs passed on to residents.
69% of Chicago carbon emissions comes from buildings
The built environment generates nearly 50% of annual global CO2 emissions
Buildings consume 75% of the electricity load in the US
Chicago is above the average for CO2 emissions per GDP unit
We want to remove this additional burden by updating existing structures to be more modernized with regard to energy efficiency.
Beyond renovation, we also aim to begin new construction projects of environmentally conscious multi-unit buildings soon.
548 Energy Institute
In coordination with 548 Foundation, we are rolling out a solar and renewable workforce training program. Initial training will be in local communities where our developments are being built