Utilities

Florida Seeks 100% Renewable Electricity By 2050

Environment, Featured, Utilities

Under a proposed rule that was just unveiled by the state\’s agriculture commissioner, Florida utilities would gradually increase their electricity to 100% renewable by 2050. The rule was announced following pressure from young people represented by the nonprofit Our Children\’s Trust who filed a petition seeking the proposal. The rule is not final and could face several challenges. CLICK ON THE HEADLINE FOR MORE

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Trammell Crow\’s $600M Solar Deal Is The Latest In A Wave For Industrial Spaces

Environment, Featured, Manufacturing, Retail, Utilities

Trammell Crow has agreed to partner with Altus Power Inc. to install solar panels on 35M SF of Trammell\’s industrial portfolio by 2026, It is the latest acknowledgment from an industrial real estate holder that solar has become an attractive amenity for its buildings as tenants and investors alike demand a focus on sustainability. CLICK ON THE HEADLINE FOR MORE

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FPL’s Holiday Surprise: $810 Million Bill Increase For Families To Pay For Fossil Gas

Environment, Hospitality, Manufacturing, Medical, Multi-Family, Office, Retail, Utilities

If FPL\’s request is approved at a December 7 Agenda Conference by the Florida Public Service Commission, starting on January 1, 2022, the fuel portion of a customer bill will spike by 23.56% and the increase will last through the year. CLICK ON THE HEADLINE FOR MORE

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FPL Wants To Raise Your Rates To Generate $2 Billion In New Revenue

Environment, Featured, Hospitality, Manufacturing, Medical, Multi-Family, Office, Retail, Utilities

Customers could be paying about 15% more for their electricity by 2025. The company says the rate increases will be necessary to help pay for more than $29 billion FPL is investing during the four-year period from 2019 through 2022. CLICK ON THE HEADLINE FOR MORE

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Important Solar Tax Credits For Businesses Will Be Cut In Half By 2022

Economy, Environment, Featured, Hospitality, Manufacturing, Medical, Multi-Family, Office, Retail, Utilities

The solar tax credit, which is a dollar-for-dollar reduction in income taxes, has already fallen to 26% thorough 2020 and will be only 22% in 2021.  By 2022, the tax credit for commercial properties will be a mere 10% and zero for residences. CLICK ON THE HEADLINE FOR MORE

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