Cities and states continue to bolster benchmarking, while the utilities baton is passed to the PUC in Texas. One thing remains: compliance falls squarely on the shoulders of the landlord.
Some of the latest legislation to affect apartment utilities has come from Massachusetts and Texas.
Massachusetts
In July the Cambridge Massachusetts City Council […]
I know the last thing you want to read is another article, entry, see a meme, on water conservation and drought.
However, sharing is caring. If you manage property in California, it is important to share what resources are available to you during a scarcity. Although there isn’t much water, there is a plethora of […]
“Budget season is almost here. I’m so excited!” says Mary Nitschke, director of ancillary services for Prometheus and president of the Utility Management Advisory. Not many share her enthusiasm. Budgeting for utilities is more complex than most budget exercises because of the large number of moving parts.
Three of the largest variables are rate […]
In April of this year, I had the honor of hosting NWP’s fourth Energy Summit. In the following pages, we have captured just a few highlights shared by this amazing gathering of water and energy professionals. Case studies have been included from three multifamily operators in addition to information on government programs beneficial to helping […]
Many of the nation’s heavy-hitters were in attendance at the Energy Summit held in Washington, D.C. Representatives from Environmental Protection Agency (EPA), Energy Information Agency (EIA), and Department of Energy (DOE) delivered forecasts on energy supply, regulations and the future of utilities for tomorrow’s renters.
Apartment owners and managers also led discussions and […]
“It’s always a pleasure to be in a smallgroup environment,” said Michael Zatz chief of the market sectors group for EPA. “I’ve enjoyed the presentations, but more importantly, the networking and discussions. I’ve learned a lot from the people at this event. This will definitely help the ENERGY STAR program.”
Zatz was in attendance at […]
When Greystar recently teamed with NWP for a landmark case study on the fiscal performance of the properties under my review which using utility expense management programs, the results created quite a stir. Outperforming the market by 43 percent is definitely something to write home about.
The study titled, “Reducing Utility Costs in the […]
The catch is that we owners and managers are not the primary consumers of the water we dispense at our properties, but our residents. The majority of an apartment community’s total water consumption is the combined consumption of the residents in their individual units.
Typically, management receives a bill for the water consumption of the […]
