The proposals in Con Edison’s recent rate case come as good news for New York City, with many improvements already enacted and even more on the way. By working alongside REBNY and many other organizations, Con Edison has succeeded in updating its regulations to more accurately reflect the needs of New Yorkers throughout the state, and create the best system our state has seen in over a decade.
Rate cases are the processes that utilities use to set rates charged to customers and adjust policies, and are presented to the New York Public Service Commission (NYPSC), which regulate utilities throughout the state. This process allows both the government and many advocacy groups to utilize more feasible, sustainable, and customer-friendly electricity.
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First and foremost, the standby tariff itself is a special rate charged to commercial and industrial customers who produce some or all of their own electricity, but remain connected to the grid. There are many reasons a customer may choose to do this, such as emergencies or the building not being self-sustaining. Unfortunately, the costs and complex regulations associated with this tariff has proven to be a roadblock to the widespread deployment of distributed generation, and in some cases, the tariff alone can be more expensive than being entirely reliant on the grid in the first …show more content…
to 7:00 p.m. in the Mendik Education Center. This free seminar for REBNY members only will have a panel of notable real estate experts examine and present current trends in real estate to enhance the professional knowledge of each attending agent. Registration is required, and more information can be found on rebny.com or by contacting Yesenia Dhanraj at YDhanraj@rebny.com.
REBNY’s next Breakfast Club seminar will be on November 22nd from 9:30 a.m. to 11 a.m. These seminars are open and free for REBNY’s residential members. Contact REBNYResidentialEvents@rebny.com for details.
Due to popular demand, Sustainability Boot Camp – sponsored by CodeGreen Solutions, Con Edison Solutions, National Grid, NORESCO, and Zones – will continue this Fall with BOMA’s International Energy Efficiency Program: BEEP® Version 2.0! Taught by NORESCO, the eight-hour course will be offered at a discounted cost of $45 per person. Commercial building staff can register for courses online at www.rebny.com. The energy efficiency and sustainability training pilot program led by the Mayor’s Office of Sustainability, in collaboration with REBNY, Building Owners and Managers Association of New York (BOMA NY), and Urban Green Council, complements citywide sustainability initiatives including Mayor de Blasio’s OneNYC goal of 80 by 50, a blueprint to reduce citywide greenhouse gas emissions 80 percent by
This paper is written to provide a reasonably comprehensive overview of Section 1031 of the IRC as it pertains to real estate transactions, and to offer some thoughts on the wealth-creation advantages that 1031 Exchanges offer.
...ns especially when it came to deregulating the telecommunications industry. The new law was expected to bring radical changes to the communications industry, providing high quality services to the masses at minimal cost. The act was also designed with the specific purpose of ensuring that advanced telecommunications will be available to every citizen as part of the policy for universal service. The FCC and the states, as the regulatory bodies, implement the law. Its been over three years since the law was passed and most critics have claimed that nothing worthwhile came out of the act besides the mergers of course. Ultimately however, the services brought to the public will depend on the providers of those services and their success in the marketplace.
LEED, or Leadership in Energy & Environmental Design, is a certification program for green buildings with stringent requirements for building energy efficient and environmentally responsible structures. Some requirements of this program include specific building materials, smart grid capable, gray water reclamation systems, green space minimums, high levels of insulation and low thermal transfer glass (US Green Building Council). Green buildings are a must if we are to sustain our current level of growth. Despite the higher initial cost of these buildings, the long term energy savings make these buildings a smarter choice for
For example, Cornell University saved 417,00 gallons of fuel and cut cost by $36million over the last twelve year by changing its parking and transit system to carpooling, biking, and walking (“Call for Climate Leadership). Another example, the University of Central Missouri saved 31percent energy cost by replacing its old power plant with a geothermal pump system (Trane). These examples are used to show the reader one of the positive outcomes if colleges switched to green resources. These examples may also convince other college campuses to go green due to a large amount of money they could be
There are a lot of valid reasons why going off grid is a great idea. You will be your own boss as there is no longer a need to worry about a 9-5 life. Your monthly payments will also be reduced and means you will eventually
Second, the reliability of electricity was compromised throughout many parts of our state, affecting both residential and business sectors. On June 14, 2000, about 100,000 customers were blacked out in San Francisco Bay Area (Kahn and Lynch 9-10). According to Lorenco Goncalves, the CEO of California steel industries, “We were interrupted 14 times this month [January] compared to not once from 1987 to 1998. So many other industries depend on what we send them…If they can’t depend on my products, they will [buy them] elsewhere” (Wood and Sherer). These uncertain interruptions are causing a lot of damage in our economy.
When people think of predatory pricing, two main laws come to the minds of most...
When it comes to real estate, the topic of the day is the downturn in the market, the number of people losing their homes, and how much this is going to hurt the economy. In the seventeen years I have been in the real estate business, I have witnessed every fluctuation the market has to offer. While it is true that many property owners are enduring trying times, rarely does the same happen to knowledgeable real estate investors.
I’ve learned that there are some barriers preventing William and Mary from being completely net-zero, but nevertheless, it is important to keep pushing until those barriers fall. In the meanwhile, I worked with the Carbon Offset program to try and get people to offset their carbon through donations that fund project. Reducing the college’s carbon footprint is one step closer to a sustainable college. Next, I work with the Green House Gas Audit to determine where most of the colleges CO2 emissions are coming from. With the audit, I can analyze the data and determine which areas need to focus on for projects in reducing CO2 emissions.
Typical loans don’t cover the cost of incorporating green aspects when choosing to build eco-friendly. However, there certain companies that offers energy efficient mortgages (EEM’s). One company, My Energy Loan (www.myEnergyLoan.com) does both residential and commercial eco-friendly loans, included in there services are ideas to help improve efficiency. They do an assessment and make suggestions on some ideas of improvements including lowe...
I am excited about the prospects of attending George Mason University and look forward to intellectually stimulating discussions and lectures related to today’s top real estate issues. I chose the MS in Real Estate Development program as it provides for a relevant learning experience that emphasizes the utilization of case studies from real projects developed by companies considered to be leaders in the industry. Furthermore, the curriculum-flexibility will allow me to pursue an emphasis that best compliments my personal qualities, academic background and professional work experience.
"A Renewed Commitment to Buildings and Their Social Benefits." U.S. Green Building Council. N.p., n.d. Web. 12 Nov. 2013. .
Home sellers typically face the problems of planning a strategy and getting ready for sale. Real estate professionals with their immense experience in the industry are the ideal solution to these problems.
More than ever, the average person has access to the kinds of statistics, market analysis, technology and expert opinions that were previously reserved for people who actively made their living as a real estate agent or broker. Consider, for example, the guide you are reading. Before the Internet, much of this information would exist only in the mouths of working agents or agent licensure textbooks. Consumers had little need for this information, because they trusted their real estate professional to know.
[1] Standby Power Consumption of Domestic Appliances. AJ Bredekamp, E-A Uken and L Borrill. Cape Town : Cape Peninsula University of Technology, 2006.