2016 promises to be an interesting year. NWP, now part of the RealPage family, continues to roll out innovations that make utility management and regulatory compliance easier, and results, more reliable. Many are in direct response to regulatory requirements, now and into the future.
NWP leads the industry in data visualization and mobile computing as […]
California Senate Bill 7
In the 2015 California Legislative Session, Senate Bill 7 (SB7) passed the Senate and made it through all but one of the Assembly Committees before it stalled and was made a two-year bill. This bill will create a mandate for the installation of meters (by the owner or the providing […]
The term “benchmark” was originally used to describe a point related to elevation. We now use it to describe the measurement and comparison of all sorts of data.
In the apartment business, utility benchmarking is a hot topic. But, what does it mean? Is it a code word for something else? Is it just a […]
Following in the footsteps of other residential energy efficiency programs, multifamily housing is becoming the subject of new energy performance rules and regulations. The new mandates require higher levels of usage disclosures and prescribe energy benchmarking policies.
The goal of this expanded oversight is to encourage greater transparency in energy performance information. Regulators believe that […]
I have a proclivity to discuss topics that no one else seems to want to chat about, in greater detail than anyone wants to hear.
When I worked in the healthcare industry and people asked me, how was your day, they would often get a story in graphic detail. My best friend once told me […]
Utility billing programs are an excellent tool for expense recovery. Utility expenses are an owner’s third largest expense.
Billing programs provide a price signal to residents to reduce consumption, thereby decreasing utility expense. Such programs also recover a percentage of the utility expense directly from residents. These are all good things for owners—but you may […]
Protecting and improving the Low Income Housing Tax Credit is critical to the future of affordable housing.
The Low-Income Housing Tax Credit (LIHTC) remains the most important resource for producing affordable housing in the U.S. Created by the Tax Reform Act of 1986, the LIHTC program, which is administered through state and local allocating agencies, […]
Billions of dollars of energy saving potential are sitting in our nation’s multifamily buildings. A study by McKinsey and Company estimated that the capital required to unlock energy efficiency opportunities in our nation’s low-income residential buildings between 2009 and 2020 is approximately $46 billion, and would provide a present value of $80 billion in savings.
The annual Energy Summit held in Washington, D.C. in Q1 of this year had a rather tall agenda. Never before has the world of utility management been more inundated with new legislation, regulation or challenge. Multifamily stands at the very threshold of the Administration’s Climate Change Initiative, the EPA’s quest for more and better data […]