A seemingly insignificant decision in an arcane corner of Wall Street rippled out to the real world. A new label for a set of utility bonds spurred a fight with state utility regulators and crept into home electricity bills.
Bonds Got Relabeled. Now Millions Of Americans Get Higher Electric Bills. Read More »
An obvious benefit of smart lighting is energy efficiency. Integrated occupancy/vacancy sensing and daylighting technology automatically adjust light levels based on occupancy, available daylight, and scheduling to help reduce both energy consumption and electricity costs. Smart lighting can also improve occupant wellbeing and productivity of employees and building occupants.
Smart Lighting Offers Major Benefits At Institutional And Commercial Facilities Read More »
Newly introduced legislation proposes tweaking the structure of Florida’s Public Service Commission. The bill would allow the PSC to operate year-over-year without seeking re-approval each fiscal year and removes a check on PSC rulemaking.
Lawmakers Could Give More Power, Less Accountability To Florida’s Utility Regulators Read More »
Florida utility customers could get some relief in 2024. The three major private electric utilities — Florida Power & Light, Duke Energy Florida and Tampa Electric Co. — plan to lower customer bills,
Florida Utilities Plan To Lower Customer Bills In 2024. Here’s How Much You Might Save Read More »
A $7 billion grant “competition” to promote clean energy in disadvantaged communities by providing low-income households with access to affordable solar energy was introduced by President Joe Biden earlier this year, but none of that money will reach Florida households. Gov. Ron DeSantis decided to pass on the $400 million up for grabs by choosing to opt out of the opportunity.
Florida Says No To $400M In Federal Solar Energy Incentives Read More »
With climate change threats looming, coupled with rising operational expenses, professionals are adapting by embracing innovative sustainability strategies. By implementing innovative sustainability strategies and practices, real estate professionals can combat climate change and cut costs.
The commissioner who is championing the pullout says the improvement financing vehicle is actually making consumer loans. An October 2022 Federal Trade Commission order said Ygrene deceived consumers about the potential impact of its financing and that it unfairly placed liens on homes without consent.
Miami-Dade County Looks To Cut Ties With Ygrene Energy Improvement Funding Read More »
When FEMA’s new Risk Rating 2.0 pricing plan went into effect in April, the agency said it was more equitable and better reflects flood risk. The result is rate increases that will average more than 100% in coastal states like Louisiana and Florida. Some parishes in southeast Louisiana will see rates go up on average more than 500%.
States Sue FEMA Over Flood Insurance Rate Hikes Read More »
The newest report from Trepp is on utilities, including electric, water, gas, telecommunications, and other essential services. Derived from Trepp’s property line-item financials, these utilities averagely account for 15-20% of the overall operating expenses for a multifamily property.
Utilities Too Are Driving Up Multifamily Operation Expenses Read More »
The Resource Recovery Facility (RRF) in Doral was knocked offline by a fire that began Feb. 12 and burned on and on. While the county continues to assess the viability of bringing the RRF back online in a limited capacity, no permit applications have been submitted to date.
In Waste Plant Woes, Enough Electricity To Power 27,000 Homes Was Lost Read More »