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 »
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 »
Management of building energy use has become an important CRE topic. Reducing expenses in areas like energy can contribute significantly to the bottom line.
Building Energy Management Systems Market To Hit $12.3B By 2030 Read More »
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.
Biden Administration Announces $82 Million Dollar Investment In Domestic Solar Read More »
The tower will become one of the tallest in Miami, at 861 feet above ground. It will also be the world’s the first residential high-rise in the world partially powered by the sun with 500 photovoltaic-integrated windows.
The Florida Supreme Court recently heard arguments in two challenges to the Florida Public Service Commission’s approval in late 2021 of the four-year settlement, which began increasing FPL customers’ rates last year. The Supreme Court typically takes months to issue rulings after hearing arguments.
Florida Supreme Court Questions State’s Approval Of Rate Hike For FPL Read More »
Florida lawmakers did not detail specific proposals for state oversight. However, concerns have been expressed about situations in which residents who are customers of municipal utilities but live outside of city boundaries can be forced to pay surcharges but can\’t vote for municipal officials — a situation likened to “taxation without representation”.
Florida Lawmakers Eye Oversight Of Local Utilities Read More »
Representing consumers in utility issues, the state’s Office of Public Counsel launched a challenge to the approval of costs that electric utilities would be able to recoup in 2023 from customers for storm-protection projects. The first step was taken in appealing to the Florida Supreme Court on a Dec. 12 order by the state Public Service Commission approving the costs.
Florida Utility Storm-Protection Costs Draw Challenge Read More »