Utility Allowance Modeling
Optimize your property’s potential with a custom utility allowance.
What is Utility Allowance Modeling?
Developers and managers of Low-Income Housing Tax Credit (LIHTC) properties have the option of providing actual consumption data or conducting energy consumption modeling in lieu of adopting local utility allowances. In cases where the actual consumption or the modeled consumption is lower than the published utility allowance, the developer or management company can increase its profit and recover money invested in water and energy efficiency upgrades. Opting for a custom utility allowance not only unlocks financial advantages, but also serves as an asset across various stages of property development and management. It's a strategic move that aligns economic performance with environmental stewardship.
Benefits of a Custom Utility Allowance
Increase rentable income which in turn increases Net Operating Income (NOI).
Ensure that investments in energy and water efficiency translate into tangible returns.
Boost your borrowing potential.
Identify other energy and water saving opportunities.
On average, Energy Bees clients are seeing:
$1,060
Additional NOI per unit
3 Months
Return on investment
$96,500
Annual benefit to property
No Risk Modeling
At Energy Bees, we believe in offering services that carry no financial risk to our customers - it’s part of our commitment to your peace of mind and our confidence in our expertise which is the reason behind our ‘no risk modeling’ guarantee.
If our Energy Consumption Model (ECM) does not provide a benefit over the Public Housing Authority’s (PHA) existing Utility Allowances, there will be no charge. It’s our promise that you only invest your money where there is value.
If a housing authority ever rejected one of our Energy Consumption Models within the first year, you will incur absolutely no charge. It’s our way of ensuring that our services meet the highest standards for approval and efficacy.
Contact us today to see your property’s potential.
sadiebronk@energybees.com
(512) 981-8353