Pasadena Texas Apartments

Expending Energy

Adelaide Grady can point to one of the best green investments multifamily money can buy: For $6.35 at any big box retailer, you can get a tube of acrylic latex caulk and a caulk gun that can immediately begin saving the typical apartment community thousands of dollars in energy expenses. “A huge source of energy loss in a building is in air leakage: Drafts can be up to 30 percent of your total consumption at any given time,” says Grady, vice president of development and overseer of the “Green Team" sustainability unit at Atlanta-based Wood Partners. “If you can fill the gaps and holes in the sheathing as part of building or retrofitting much tighter than what typical construction practice calls for, you can quickly recoup significant savings for a very low-cost effort."

One of the reasons Grady is so enthused about caulk guns is because of the energy incentives granted to apartment developers and operators for achieving certain levels of conservation. Since Wood Partners is set up as a partnership, the tax credits and deductions typically offered as “green” incentives are difficult to take advantage of. Consequently, Grady and her development team search far and wide in Wood Partners’ markets for utility company rebates and other sources of green capital contributions as the firm attempts to meet Energy Star certification requirements at each of its properties and save as much cash as it can along the way in both cap-ex and recouped energy billings.

Wood Partners isn’t alone, as more and more forward-looking apartment owners seek guidance, information, incentives, and opportunities to maximize the tax breaks and energy savings they and their localities are hoping for.

Finding Savings Opportunities

The incentive investigative process at Wood isn’t an unusual one for apartment firms looking to maximize outside dollar contributions to the green bottom line. While several widely publicized benefits exist at the federal level, including 45L tax credits and 179D energy tax benefits (see “Low-Hanging Fruit,” page 37), navigating state government agencies and municipal utility companies to find available grants, rebates, credits, and deductions can be a full-time research project, and one that many firms are increasingly turning over to professional energy-auditing firms.

LIKE MOST GREEN efforts, finding incentives for sustainable building and operating can involve navigating a plethora of utility company rebates and state regulatory agencies.

Pet friendly Pasadena, Tx apartments with pool! | Property,Home ...

Sponsored Link

1Bd 1Ba $490; 2Bd 1Ba $550; Casa Palmas, located in Pasadena, Texas, is a newly renovated unit village with updated interiors & exteriors. Perfectly located nearby Beltway 8 as well as Red Bluff Road, we will have easy entrance to parks, shopping, restaurants as well as museums. Along with that, a city of Houston is usually mins away, charity theater, opera, nightclubs as well as a single of a strongest pursuit markets in a country!

Spirits of the Border V, The History And Mystery of the Lone Star State

Newcomer's Handbook Neighborhood Guide, Dallas-Fort Worth, Houston, and Austin

Professional builder, apartment business

Texas State journal of medicine

Thank God for Cancer!