As electric vehicle sales climb, utilities are investing in thousands of new EV charging stations, recognizing that if they don’t move now, they could lose out on a growing and increasingly competitive market. Find out which states have started requiring power companies to add charging stations here: https://insideclimatenews.org/news/04042019/electric-vehicle-charging-stations-states-utilities-competition-tesla-volkswagen
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It is not just toilets anymore that are the big reward in the Green Rewards program. New rules on Green Financing in 2019 have been a game changer.
Did you know? As of January 2019, there are a new set of rules or guidelines for green rewards programs. There was a shift in focus to a more measured approach to energy savings between water and energy. Pre 2019 Green Financing requirements were to achieve 25% energy across gas, water and electric or 25%…
Antiquated Utility Data – 3 Ways This is Costing You
Is your organization manually collecting and entering utility and energy data? If so, you may want to upgrade your process. Manual collection and data entry have hidden costs that are often overlooked and underestimated, but many firms today are still relying on this outdated method. Uncover the true costs and learn how automating your process…
Multifamily LEED Certifications May Have Peaked
Based on a recent reports the percentage of new units being LEED certified peaked in 2014 at 19%. In absolute numbers, the peak occurred in 2016 at 50,300 certified units. The top 10 areas with the highest LEED certified units per capita are in either in the Washington, DC metro area or Seattle, WA. Larger…
Benchmarking: How do you eat an Elephant?
Looking at Utility data and trying to figure what it means is like trying to eat an elephant. It’s massive. Where do you start? The answer it to take it one bite at a time. Focus on a region, city or state and pull your data down. I like excel. It is easy for me…
What You Need to Know About Recycling Contamination Fees
Did you know that 1 in 4 items placed in a recycling container is not recyclable? Do your residents know that? China and other countries are no longer accepting highly contaminated recycling waste from the US, thereby requiring domestic haulers to find other, more expensive channels for removal. Because of this, trash haulers are passing…
Energy Star
ENERGY STAR was launched by the US Environmental Protection Agency (EPA) in 1992 as a voluntary program but it’s now co-managed by the US Department of Energy (DOE) and EPA. This program has become a symbol for energy efficiency in the country, helping individuals and businesses save money as well as protect the environment through…
What Recent Paper Price Increases Mean for You
In 2019, paper costs are expected to increase 3%-5%. So, what does that mean for business owners and multifamily professionals? Here are some of the way you and your organization may be impacted: • Higher prices when you order office paper (obviously} • Higher prices for other items that use paper pulp such as toilet…
Sales Tax Exemption – $ savings = to state sales tax !
Many states exempt sales tax on utilities for multifamily properties. Check with your Department of Revenue to confirm the exemption. If your property is exempt and your property is currently paying sales tax you may file for the exemption to be effective at the next billing cycle. This could save 5% of your water/sewer expense. …
Walk Scores Explained
With some Internet Listing Services and property websites now including a community’s walk score, its important to understand just what this means and how it impacts the marketability of the community. There is even an app that potential renters can download that allows them to find apartments in their desired area based on walk score….