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.
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,
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.
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.
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.
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.
Management of building energy use has become an important CRE topic. Reducing expenses in areas like energy can contribute significantly to the bottom line.
Strengthening The Energy Grid In Doral: FPL Details Local Efforts To Improve Storm Resiliency And Overall Service Reliability
As part of its ongoing effort to improve resiliency in the face of severe weather, FPL’s investments in Doral include moving more power lines underground, strengthening overhead lines and installing more intelligent devices along the energy grid to help detect potential problems and restore power faster when outages do occur. CLICK ON THE HEADLINE FOR MORE
The DOE just announced funding for domestic solar production and distribution. Fifty two million dollars, which include $10 million from the Bipartisan Infrastructure Law, goes to 19 different projects to strengthen America’s domestic solar supply chain. Another $30 million is for funding for technologies that will help integrate solar energy into the grid.