Equity Lifestyle Properties, Inc. (ELS): Análise de Pestle [Jan-2025 Atualizado]

No cenário dinâmico do investimento imobiliário, a Equity Lifestyle Properties, Inc. (ELS) está em uma interseção crítica de forças complexas do mercado, navegando em um ambiente de negócios multifacetado que exige agilidade estratégica e compreensão abrangente. Essa análise de pilões revela a intrincada rede de fatores políticos, econômicos, sociológicos, tecnológicos, legais e ambientais que moldam o ecossistema operacional do ELS, oferecendo uma visão panorâmica dos desafios e oportunidades que enfrentam essa comunidade doméstica fabricada inovadora e o operador de resort de RV em um cada vez mais complexo Marketplace.

Equity Lifestyle Properties, Inc. (ELS) - Análise de Pestle: Fatores Políticos

Impacto potencial das políticas habitacionais federais nas comunidades domésticas fabricadas

A Lei de Melhoria da Habitação fabricada de 2000 continua a influenciar as operações do ELS. Em 2024, aproximadamente 22 milhões de americanos vivem em casas fabricadas, representando 6,8% do total de unidades habitacionais nos Estados Unidos.

Política federal	Impacto direto no ELS	Implicação financeira estimada
HUD fabricou padrões de construção de casas	Requisitos de conformidade	Custos anuais de conformidade regulatória de US $ 3,2 milhões
Lei de Preservação Habitacional Acessível	Desenvolvimento comunitário	Potencial US $ 5,7 milhões em incentivos federais

Regulamentos de zoneamento que afetam o uso e o desenvolvimento da propriedade

O ELS opera em 33 estados com variados regulamentos locais de zoneamento.

• A Califórnia exige 20% de moradias acessíveis em novos desenvolvimentos
• A Flórida oferece isenções de imposto predial para comunidades habitacionais fabricadas
• O Arizona oferece flexibilidade de zoneamento para parques domésticos fabricados

Incentivos do governo local para iniciativas de habitação acessíveis

Estado	Incentivo a moradias acessíveis	Benefício financeiro anual
Texas	Redução do imposto sobre a propriedade	US $ 1,4 milhão
Michigan	Concessão de desenvolvimento de infraestrutura	$980,000

Mudanças potenciais nas políticas tributárias relacionadas a REITs

A partir de 2024, o ELS mantém o status de REIT com considerações fiscais específicas.

• Requisito atual de distribuição de dividendos REIT: 90% da receita tributável
• Taxa de imposto corporativo para REITs: 21%
• Potenciais mudanças legislativas podem afetar o tratamento tributário

Valor total do portfólio do ELS: US $ 8,3 bilhões com 379 propriedades nos Estados Unidos a partir do quarto trimestre 2023.

Equity Lifestyle Properties, Inc. (ELS) - Análise de Pestle: Fatores Econômicos

Sensibilidade às flutuações da taxa de juros e ambiente de empréstimo

No quarto trimestre 2023, a dívida total do ELS ficou em US $ 2,2 bilhões, com uma taxa de juros médio ponderada de 4,6%. A dívida de taxa fixa da empresa compreendeu 88% da dívida total, totalizando US $ 1,936 bilhão.

Métrica de dívida	Quantia	Percentagem
Dívida total	US $ 2,2 bilhões	100%
Dívida de taxa fixa	US $ 1,936 bilhão	88%
Dívida de taxa variável	US $ 264 milhões	12%
Taxa de juros médio ponderada	4.6%	N / D

Impacto potencial da recessão econômica na renda de aluguel e propriedade

Em 2023, o ELS relatou:

• Receita total: US $ 1,18 bilhão
• Receitas de operação da propriedade: US $ 892,1 milhões
• Renda da comunidade doméstica fabricada: US $ 536,8 milhões
• Receita de aluguel de operações imobiliárias: US $ 355,3 milhões

Mudanças demográficas que afetam a demanda por comunidades domésticas fabricadas

Indicador demográfico	2023 dados
Total de comunidades de propriedade	413
Sites totais	161,449
Taxa de ocupação	95.5%
Aluguel mensal médio por site	$685

Tendências do mercado imobiliário em andamento e dinâmica de avaliação de propriedades

Avaliação do portfólio de propriedades do ELS em 31 de dezembro de 2023:

• Total de ativos imobiliários: US $ 6,8 bilhões
• Receita operacional líquida: US $ 667,4 milhões
• Fundos das operações (FFO): US $ 715,2 milhões
• Fundos ajustados das operações (AFFO): US $ 637,9 milhões

Equity Lifestyle Properties, Inc. (ELS) - Análise de Pestle: Fatores sociais

Crescente demanda por opções de moradia acessíveis entre a população envelhecida

De acordo com o US Census Bureau, 56,1 milhões de americanos tinham 65 anos ou mais em 2020, representando 16,9% da população total. Até 2030, este grupo demográfico deve atingir 73,1 milhões.

Faixa etária	População (2020)	População projetada (2030)
65 ou mais	56,1 milhões	73,1 milhões
Porcentagem da população total	16.9%	21.4%

Mudando as preferências do estilo de vida para a vida baseada na comunidade

O ELS gerencia as comunidades domésticas fabricadas e os recorrers (RV) em 33 estados, atendendo a aproximadamente 175.000 sites de clientes a partir de 2022.

Tipo de propriedade	Número de comunidades	Estados cobertos
Comunidades domésticas fabricadas	413	33
Sites de clientes	175,000	N / D

Tendências demográficas que apoiam o crescimento da comunidade doméstica fabricada

A renda familiar média para residentes domésticos fabricados foi de US $ 34.500 em 2019, em comparação com US $ 68.703 para todas as famílias dos EUA.

Tipo doméstico	Renda mediana (2019)
Residentes domésticos fabricados	$34,500
Todas as famílias dos EUA	$68,703

Mudança de tendências de trabalho do trabalho que afeta as preferências de propriedades residenciais

Em fevereiro de 2023, 27% dos funcionários em período integral trabalhavam em um modelo híbrido, enquanto 14% trabalhavam completamente remotamente, de acordo com a Gallup Research.

Acordo de trabalho	Porcentagem de força de trabalho
Trabalho híbrido	27%
Totalmente remoto	14%
Trabalho no local	59%

Equity Lifestyle Properties, Inc. (ELS) - Análise de Pestle: Fatores tecnológicos

Investimento em tecnologias de gerenciamento doméstico e comunitário inteligentes

A partir de 2024, as propriedades de estilo de vida de ações investiram US $ 12,3 milhões em tecnologias domésticas inteligentes em seu portfólio de propriedades. A empresa implantou 4.782 dispositivos habilitados para IoT em 68 comunidades gerenciadas.

Tipo de tecnologia	Valor do investimento	Número de comunidades
Termostatos inteligentes	US $ 3,7 milhões	42 comunidades
Controle de acesso inteligente	US $ 4,2 milhões	53 comunidades
Plataformas de gerenciamento da comunidade	US $ 4,4 milhões	68 comunidades

Plataformas digitais para gerenciamento de propriedades e serviços de inquilino

O ELS implementou uma plataforma digital abrangente com as seguintes métricas:

• Taxa de adoção de pagamento de aluguel on -line: 87,6%
• Engajamento do usuário do aplicativo móvel: 72.340 usuários mensais ativos
• Taxa de envio de solicitação de manutenção digital: 93,4%

Tecnologias emergentes para eficiência energética e sustentabilidade

Tecnologia	Taxa de implementação	Economia de energia
Instalações do painel solar	36 comunidades	22,4% de redução nos custos de energia
Sistemas de iluminação LED	54 comunidades	18,7% de redução do consumo de energia
Gerenciamento de energia inteligente	41 comunidades	15,3% de economia de custos de utilidade

Medidas aprimoradas de segurança cibernética para proteção de dados de propriedade e inquilino

Investimento de segurança cibernética: US $ 2,9 milhões em 2024

• Implementou protocolos de criptografia avançada
• Treinamento anual de segurança cibernética para 1.247 funcionários
• Zero violações de dados principais relatados em 2024
• Autenticação multifatorial implementada em todas as plataformas digitais

Equity Lifestyle Properties, Inc. (ELS) - Análise de Pestle: Fatores Legais

Conformidade com regulamentos de habitação justos e leis anti-discriminação

Em 2023, o ELS administrou 428 propriedades em 33 estados, exigindo uma estrita adesão aos regulamentos de habitação federal e estadual.

Categoria de regulamentação	Métrica de conformidade	ELS Performance
Fair Housing Act Compliance	Violações anuais	0 violações relatadas em 2023
Lei dos Americanos com Deficiência	Unidades acessíveis	98,7% das propriedades que atendem aos padrões da ADA
Habitação de oportunidades iguais	Queixas de discriminação	3 reclamações resolvidas em 2023

Navegando requisitos regulatórios complexos de REIT

A ELS manteve 99,4% de conformidade com os regulamentos do REIT em 2023, com receita total tributável de REIT de US $ 692,3 milhões.

REIT Requisito regulatório	Porcentagem de conformidade	Impacto financeiro
Distribuição de ativos	100% de conformidade	US $ 4,2 bilhões em ativos imobiliários
Distribuição de renda	99,8% de conformidade	US $ 521,6 milhões distribuídos aos acionistas

Desafios legais potenciais relacionados ao gerenciamento de propriedades e direitos de inquilino

O ELS experimentou 47 disputas legais em 2023, com uma taxa de resolução de 94,6%.

• Total de procedimentos legais: 47
• Casos resolvidos: 44
• Casos pendentes: 3
• Tempo médio de resolução legal: 3,2 meses

Regulamentos de conformidade ambiental e uso da terra

A ELS investiu US $ 12,4 milhões em iniciativas de conformidade ambiental e sustentabilidade em 2023.

Regulamentação ambiental	Status de conformidade	Investimento
Regulamentos da EPA	100% compatível	US $ 5,6 milhões
Padrões ambientais do estado	99,5% compatível	US $ 4,2 milhões
Desenvolvimento sustentável	Propriedades certificadas verdes	62 Propriedades certificadas

Equity Lifestyle Properties, Inc. (ELS) - Análise de Pestle: Fatores Ambientais

Implementando práticas sustentáveis ​​em comunidades domésticas fabricadas

A partir de 2024, as propriedades de estilo de vida de ações implementaram programas abrangentes de sustentabilidade em suas 413 comunidades de casa e RV fabricadas. A empresa investiu US $ 12,7 milhões em iniciativas de sustentabilidade ambiental.

Métrica de sustentabilidade	Implementação atual
Práticas de conservação de água	Consumo de água reduzido em 22,4% nas propriedades
Programa de redução de resíduos	Implementou a reciclagem em 87% das comunidades
Manutenção do espaço verde	Paisagismo nativo em 65 comunidades

Estratégias de adaptação para mudanças climáticas para portfólio de propriedades

A ELS desenvolveu estratégias de resiliência climática direcionada para propriedades em regiões de alto risco, com foco em áreas costeiras e propensas a inundações. A empresa alocou US $ 8,3 milhões para atualizações de infraestrutura de adaptação climática.

Região	Risco climático	Investimento de adaptação
Costa da Flórida	Risco de furacão/inundação	US $ 3,6 milhões em elevação e mitigação de inundações
Califórnia	Risco de incêndio/seca	US $ 2,9 milhões em infraestrutura de prevenção de incêndio

Iniciativas de eficiência energética e investimentos em infraestrutura verde

A empresa comprometeu US $ 15,4 milhões a atualizações de eficiência energética em seu portfólio. A cobertura de instalação solar atingiu 42 comunidades, gerando 6,7 megawatts de energia renovável.

Iniciativa Energética	Status atual	Impacto anual
Instalação do painel solar	42 comunidades	6,7 megawatts gerados
Substituição de iluminação LED	98% das áreas comuns convertidas	37% de redução de energia

Planejamento de resiliência para propriedades em regiões ambientalmente vulneráveis

O ELS desenvolveu estratégias abrangentes de resiliência para 87 propriedades localizadas em zonas ambientalmente sensíveis, com um orçamento dedicado de gerenciamento de riscos de US $ 5,2 milhões.

Região vulnerável	Estratégias de resiliência	Alocação de investimento
Áreas costeiras do sudeste	Infraestrutura elevada, design resistente à tempestade	US $ 2,1 milhões
Zonas de incêndio ocidental	Quebras de incêndio, infraestrutura de emergência aprimorada	US $ 1,8 milhão

Equity LifeStyle Properties, Inc. (ELS) - PESTLE Analysis: Social factors

You're looking at a demographic sweet spot, and that's the core story for Equity LifeStyle Properties, Inc. (ELS) right now. The social environment strongly favors your manufactured home (MH) business because the U.S. population is aging rapidly, and affordability is a major sticking point for younger buyers. We see this as a powerful, multi-generational tailwind.

Sociological Demand Drivers

The demand from seniors for dedicated manufactured home communities is definitely strong and stable. As the first wave of Baby Boomers hits their 80s, the need for age-appropriate, community-focused housing accelerates. Honestly, this demographic shift is a long-term structural advantage for ELS, whose MH portfolio caters heavily to this group. To be fair, the more cyclical RV segment feels the pinch of discretionary spending shifts, but the core MH business is insulated by necessity.

Here's the quick math on the MH segment's stability:

• MH portfolio occupancy holds near 94%.
• 97% of MH residents own their homes.
• MH rent growth guidance for 2025 is strong at 4.9% to 5.9%.

What this estimate hides is the sheer stickiness of a homeowner resident base; they aren't moving on a whim.

Affordability Pulling in Younger Generations

The affordability crisis is pushing Millennials and Gen Z to look beyond traditional single-family homes, which is great news for manufactured housing as an alternative. For context, ELS MH homes cost between $100,000 and $150,000, which is a fraction of the U.S. average new home cost of about $500,000 in 2025. Plus, the typical monthly cost for an ELS MH resident is under $1,000, compared to over $2,500 for a standard single-family home. This cost differential is what will drive future customer pipelines from these younger cohorts, even if their immediate buying power is constrained by high rates.

Key Manufactured Housing Portfolio Metrics (2025 Data)

Metric	Value	Significance
MH Portfolio Occupancy	94% (e.g., 94.3% as of August 2025)	Indicates high demand and low resident turnover risk.
Owner-Occupied Units	97%	Reduces ELS's exposure to resident turnover and maintenance costs.
MH Portfolio Revenue Share	Approx. 60% of Total Revenue	The primary, most stable engine of the business.
Senior-Targeted MH Sites	Approx. 70% of MH Portfolio	Directly benefits from the aging demographic trend.

RV Segment Headwinds from Travel Shifts

On the other side of the ledger, the more transient part of the business is showing strain. We are seeing a noticeable decline in seasonal RV stays, which management attributes partly to a loss of Canadian customers in the Northeast. This is a clear signal that cross-border travel or seasonal migration patterns have shifted. For the full year 2025, the combined seasonal and transient RV segment is projected to decline by about 6.4%. This segment is more sensitive to immediate economic and travel sentiment than the core housing business.

Finance: draft a sensitivity analysis on the impact of a further 3% drop in Canadian RV reservations by next Tuesday.

Equity LifeStyle Properties, Inc. (ELS) - PESTLE Analysis: Technological factors

You're looking at how technology is reshaping the way Equity LifeStyle Properties operates and builds its communities, which is key for long-term asset value. Honestly, the tech story here is two-fold: how they build new homes and how they manage the existing portfolio. We need to see these advancements not just as features, but as drivers of operational savings and resident attraction.

Integration of smart home technology (e.g., automated lighting, programmable thermostats) in new MH units

Buyers in 2025 definitely expect more than just four walls; they want connected living, especially in new manufactured home (MH) units. While I don't have ELS's specific penetration rate for smart thermostats in their new builds for 2025, the market trend is clear: features that boost convenience and energy efficiency are now top-tier demands. For instance, smart security systems and app-controlled thermostats are must-haves for modern buyers looking to cut down on rising utility bills. This tech integration helps ELS position its new inventory as premium and future-ready.

To give you a sense of the scale of their new home activity, ELS sold 117 new homes in the first quarter of 2025, with an average sales price around $81,000 for those units. If even a fraction of these new homes include basic smart packages-like smart lighting or programmable thermostats-it sets a new baseline for the community standard.

Use of modular and advanced manufacturing techniques is reducing construction costs for new homes

The promise of modular construction is speed and cost control, but the reality in 2025 is nuanced. While building in a controlled factory setting offers superior quality control and reduces on-site weather delays, some industry leaders note that the labor costs associated with running a compliant, benefit-offering factory workforce can sometimes create a cost disadvantage compared to traditional site-built labor pools. Still, ELS is actively adding new development sites, and leveraging advanced manufacturing techniques is crucial for maintaining competitive pricing against traditional stick-built housing.

Here's a quick look at the general cost dynamic in the prefab space as of 2025:

Construction Method	Cost Comparison to Stick-Built	Key Advantage Cited
Modular Homes (General Industry)	Typically 10% to 20% less expensive per square foot	Speed of construction (up to 30% to 60% faster)
Prefab Homes (General Industry)	Can cost $20 to $340 per square foot less	Reduced material waste

What this estimate hides is the impact of rising raw material costs, like timber, which have pushed some prefab prices higher in 2025.

ELS leverages digital engagement, generating 72,000 online leads in Q1 2025

This is where ELS is clearly winning right now. Their digital marketing engine is firing on all cylinders, translating website traffic directly into potential residents. In the first quarter of 2025, their websites pulled in 72,000 online leads, which is a fantastic indicator of top-of-funnel health. This high volume of leads, driven by campaigns like the RV annual site lease push, shows technology is directly fueling their leasing pipeline.

The operational side is also getting a tech boost. ELS is using tools to streamline internal processes, which frees up staff time for resident interaction. Think about it: less time on paperwork means more time building community.

• Electronic lease agreements are in use.
• SMS text customer service platforms are deployed.
• Staff scheduling platforms manage on-site teams.

Implementing resource-efficient technology (e.g., water reduction tech) in community operations

Sustainability isn't just good PR; for a REIT like ELS, it directly impacts the bottom line through lower operating expenses. They are committed to resource conservation, which includes promoting water reduction through education and technology across their communities. While I don't have the specific 2025 savings from water reduction tech alone, we know their broader efficiency push is working. For example, in 2024, ELS saw operating costs drop by 15% in locations where they implemented energy-efficient technologies. This focus on utility recovery and efficiency is a major technological tailwind.

For the year-to-date period in 2025, their utility income recovery percentage was 48.1%, which is about 150 basis points higher than the same period in 2024. That's direct, measurable benefit from operational management, which includes technology.

Finance: draft 13-week cash view by Friday

Equity LifeStyle Properties, Inc. (ELS) - PESTLE Analysis: Legal factors

You're looking at the regulatory landscape for Equity LifeStyle Properties, Inc. (ELS) and wondering how the courts and local governments might slow down your growth or change your compliance burden. Honestly, the legal environment in 2025 is a mixed bag: local hurdles remain high, but federal deference is shifting, which could cut both ways for your development pipeline.

Complex local planning and permitting processes for new RV parks and MHCs, especially in coastal states

Developing new RV parks or Manufactured Housing Communities (MHCs) still means navigating a maze of local zoning and permitting. This is defintely tougher in coastal states where environmental restrictions and population density create higher barriers to entry for land use changes. You need local teams who know the specific county and municipal codes inside and out, because a delay of even three months in securing a major permit can seriously mess up your capital deployment schedule. We've seen projects in Florida and the Carolinas get bogged down waiting for environmental impact sign-offs that seem to take longer every year.

Here's the quick math: If a typical development requires 18 months for full entitlement, and local pushback adds 25% more time, that's an extra 4.5 months of carrying costs before you see a dime of revenue. What this estimate hides is the risk of outright denial, which forces a costly pivot.

• Navigate zoning variances for density.
• Secure state and local water rights approvals.
• Address community opposition to land use changes.

Increased legal scrutiny over federal agency actions (Loper decision) may impact environmental or land-use rulings

The legal framework for federal agency actions has fundamentally changed following the Supreme Court's decision in Loper Bright Enterprises v. Raimondo and its subsequent clarification in Seven County Infrastructure Coalition v. Eagle County on May 29, 2025. Courts are now required to use their independent judgment when interpreting ambiguous statutes, rather than deferring to agency expertise, which was the old Chevron standard. This means federal environmental or land-use rulings, especially those under the National Environmental Policy Act (NEPA), are subject to much greater judicial scrutiny.

For ELS, this could mean two things. First, if an agency's interpretation of a regulation governing wetlands or coastal development is challenged, a court might side with a developer-friendly interpretation, potentially easing a hurdle. Second, the ruling also limited the scope of 'indirect' effects that agencies must consider in their reviews, which could speed up the environmental review process for large projects that previously faced endless scoping debates. Still, this uncertainty means legal costs to defend or challenge agency positions are likely to rise until new precedents are firmly established.

Ongoing regulatory compliance for REIT status, supporting a 2025 annual dividend rate of $2.06 per share

As a Real Estate Investment Trust (REIT), ELS must strictly adhere to Internal Revenue Code requirements, primarily distributing at least 90% of its taxable income to shareholders annually. Maintaining this status is non-negotiable; failure means losing the favorable tax treatment, which would immediately impact your bottom line and investor appeal. The commitment to shareholders is clear in the 2025 guidance.

The Board declared a fourth quarter 2025 dividend of $0.515 per common share on October 28, 2025, which annualizes to a $2.06 per common share dividend for the 2025 fiscal year. This level of payout, with a reported payout ratio around 98.75% to 101.2% based on recent earnings, shows a strong commitment to the REIT structure, though it leaves little room for error in earnings management.

Here is a snapshot of the key 2025 dividend compliance metrics:

Metric	Value (2025 Data)	Compliance Implication
Annual Dividend Per Share	$2.06	Meets REIT distribution requirement.
Q4 2025 Declared Dividend	$0.515 per share	Sets the annualized rate for year-end.
Reported Payout Ratio (Approx.)	98.75% to 101.2%	High ratio indicates minimal retained earnings buffer.
Ex-Dividend Date (Latest)	December 26, 2025	Crucial date for shareholder eligibility record.

Finance: draft 13-week cash view by Friday

Equity LifeStyle Properties, Inc. (ELS) - PESTLE Analysis: Environmental factors

You're managing a portfolio heavily weighted in the Sun Belt, so environmental risk isn't just a footnote in the annual report; it's a line item that can move your quarterly results. For Equity LifeStyle Properties (ELS), the primary environmental concern boils down to weather volatility, which directly threatens site stability and resident occupancy.

Significant exposure to climate risk, with a high concentration of properties in weather-prone states like Florida and Arizona

Honestly, the geographic concentration is the first thing that jumps out. ELS owns and operates high-quality manufactured home resort communities and RV campgrounds, many of which are in states that see the brunt of severe weather. Florida, for instance, is the epicenter of hurricane risk in the U.S..

To give you a sense of the scale of potential exposure in that state alone, data suggests that 3 million homes in Florida are at risk of storm surge flooding, representing about 34% of all housing units in the state. While ELS has strong insurance-they noted Hurricane Milton in late 2024 wouldn't significantly impact consolidated results-the operational disruption from wind, flooding, and tree damage is real at the property level. Arizona presents its own set of risks, primarily related to extreme heat and water scarcity, which impacts both operational costs and resident comfort.

Hurricane-related site losses continue to impact MH occupancy, with a full recovery extending into 2026

When a major storm hits, even with good insurance, you face temporary displacement and the time it takes to restore full occupancy. While I don't have the precise 2025 fiscal year data showing a direct, quantifiable occupancy dip tied to a specific 2024 storm that extends recovery into 2026, the nature of manufactured housing (MH) communities means that site losses and necessary repairs create a lag. If onboarding takes 14+ days longer than usual post-storm due to debris removal or utility restoration, churn risk rises, and revenue is deferred. This is a defintely ongoing management challenge for ELS.

Here's the quick math on the general operational impact of severe weather events on a portfolio like ELS's:

Metric	Impact Context	Value/Estimate
2025 Atlantic Hurricane Forecast (Major Storms)	NOAA/NCSU Projection	3 to 5
Florida Housing Units Vulnerable to Storm Surge	General State Exposure	34%
Recent Insurance Claim Impact (Hurricane Milton 2024)	ELS Assessment	Not expected to significantly impact consolidated results

Company commitment to sustainability, focusing on resource conservation and renewable energy projects

To counter these physical risks and meet growing stakeholder expectations, ELS is actively working on its environmental footprint. They frame this as part of their 'Our Nature' approach, focusing on reducing operational impact through efficiency and generating clean power. The latest reported figures, from their 2023-24 Sustainability Report, show the baseline for their current efforts:

These numbers show a clear direction, even if the 2025 fiscal year figures are still being finalized. They are using tangible metrics to track progress, which is what we want to see from a sophisticated operator.

• Invested approximately $24 million in sustainability initiatives (2023 data).
• Produced over 2 million kilowatthours (kWh) of renewable energy from on-site solar (2023 data).
• Sequestered about 8,600 MT CO2 via forest management on approximately 10,200 acres (2023 data).
• Reduced Scope 1 & 2 GHG emissions by 15% from 2019 levels (2023 data).

Promoting the procurement of ENERGY STAR® certified homes to enable customer conservation

It's smart business to enable residents to save money, as that improves retention. ELS promotes this by encouraging the procurement of ENERGY STAR certified homes, which helps customers conserve energy and lowers their utility bills. This action is also becoming a regulatory necessity in key markets.

For example, in Florida, new single-family homes permitted on or after January 1, 2025, must meet ENERGY STAR National Version 3.2 or newer to qualify for certification. This regulatory alignment means ELS's push for efficiency isn't just goodwill; it's becoming table stakes for new home placements in their most exposed markets. You need to track how quickly their new home inventory meets these evolving standards.