Risk comes in different forms, and there are times when business as usual becomes risk itself. America’s electric utilities are approaching just such a moment.
Across the country, a generation of power plants and transmission systems is aging and needs to be replaced. At the same time, rules on pollution and greenhouse gas emissions […]
Row after row of solar panels sat soaking up the sun on the roof of the senior residence at Sustainable Fellwood.
At 85 kilowatts, the system is among the largest residential systems in Georgia. It powers the common areas of the residence and the street lights around the building.
“It’s generating twice as much […]
U.S. Energy Secretary Steven Chu, in Denver for the World Renewable Energy Forum, called on Congress to extend tax credits that bolster the nation’s alternative energy industry.
“America can’t afford to miss out on the clean energy opportunity,” Chu said in prepared remarks at the forum in May.
President Barack Obama is pressing Congress […]
Austin Energy will offer low-interest loans and rebates to apartment communities for energy-efficiency improvements to help them comply with the city’s Energy Conservation ordinance.
The new incentives, effective in June, will be performance-based such that the amount of each rebate will be based on the amount of energy saved.
The energy utility is working […]
With many of the initial sales of electric cars going to people who can charge them in their home garages, electric-car makers are starting to think about how to tap the market for condo and apartment dwellers.
In the environmentally-conscious, affluent enclave of Santa Monica, Calif., 70 percent of the residents live in multifamily […]
What does going “green” mean anyway?” Is it only about conserving natural resources? Or is it about reducing our carbon footprint—whatever that is? It usually encompasses those and more, but from a business perspective the question is: What green concepts do I need to embrace that will benefit my residents, my bottom line, and […]
Simple strategies to simplify your budgeting process and generate ROI
Right now, busy multifamily executives and property management teams across the nation are in the throes of developing, forecasting and finalizing their 2012 operating budgets. Given that utilities are among the top three operating expenses at a multifamily community, it is critical that […]
U.S. CTO challenges utilities: come up with a way for consumers to have instant online access to their energy usage
CTO Aneesh Chopra says he wants energy industry to create green button to provide access to online information.
The idea sounds simple enough: residents can go to their utility’s Website, click a […]
To effectively manage risk, you must manage information.
This begs the question, what are the inherent risks? In today’s environment, macro risk, at the economic and regulatory level, breed micro-level challenges for multifamily owners and operators who are particularly sensitive to changes in utility costs.
Micro-level risks, when understood, are far more […]