Blog

PG&E’s Time-of-Use Rates Scheduled for 2019 – Is Your Property Ready?

What are time-of-use rates?

Time-of-use rate plans allow utilities to charge different rates according to the time of day, season, and day type (weekday or weekend/holiday). The utility charges higher rates during peak demand hours and lower rates during off-peak hours. In conjunction with higher prices during peak demand during the day, time-of-use rates normally feature higher rates in summer and lower rates in winter. This is to encourage the most efficient use of the grid, avoid black and brownouts, and reduce the maximum demand on the grid.

Continue reading PG&E’s Time-of-Use Rates Scheduled for 2019 – Is Your Property Ready?

PG&E Opens On-Bill Financing Program to Multifamily Properties

Multifamily properties are now eligible for PG&E’s on-bill financing program. Traditionally reserved for commercial and industrial facilities, on-bill financing offers zero-interest loans for energy efficiency retrofits. PG&E provides the loan directly to customers, who may use the loan to pay for building materials, equipment, appliances, and installation costs.

Continue reading PG&E Opens On-Bill Financing Program to Multifamily Properties

June Program Newsletter

Multifamily Program News

Secure your spot in the program today!

Since January of this year, the Multifamily Upgrade Program has supported increased efficiency, safety, and comfort in more than 3,300 units. The program is first-come, first-served, and we are ready to work with you on projects planning to complete in 2017, as well as projects planned for the future. If you submit an interest form today, we will ensure that your project is prioritized for incentive opportunity.
To secure incentives for your properties, and receive help with benchmarking your portfolio, click here to submit an interest form. To find out more about program offerings, visit our website at www.multifamilyupgrade.com

Industry News

Competition from new properties? An energy efficiency retrofit can help you stand out. 

Exterior-Multifamily1Northern California continues to produce steady job and population growth, and construction of new apartments and condos are following suit. In the City of San Francisco alone, there are 63,000 units slated for new construction. In downtown Sacramento, there are 13,000 units planned or in development. How do older properties compete with newly construction properties such as these?

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Energy Savings Tips

Water and Energy Savings Nexus

The drought may be over, but water cost control should still a priority for California property owners. As we approach the heat of summer, water use due to landscaping, pools, and spas increase, and so do water and sewer costs. In addition to the cost of water, the energy used to heat water—15% of utility bills on average—presents an opportunity for multifamily properties to conserve water and reduce spending on both water and energy. Click below to find out how your property can take control of water costs.

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Equipment Explainer

Solar Thermal: What is it and how can it help your property?

As the prices for solar panels drop and government tax credits stay high, solar photovoltaic (PV) systems are as popular as ever. But did you know that there is another type of solar technology that can reduce your water heating bills? While solar PV converts the energy of the sun’s rays into electricity, solar thermal technology works by capturing and transferring the heat of the sun to your hot water supply.

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Solar Thermal: What is it and how can it help your property?

As the prices for solar panels drop and government tax credits stay high, solar photovoltaic (PV) systems are as popular as ever. But did you know that there is another type of solar technology that can reduce your water heating bills? While solar PV converts the energy of the sun’s rays into electricity, solar thermal technology works by capturing and transferring the heat of the sun to your hot water supply. Transferring the sun’s energy into heat is more effective than generating electricity, so when you consider the overall investment, solar thermal systems provide a greater return, often with reduced investment compared to what a solar photovoltaic system would cost. A solar thermal water heating system can help reduce your property’s carbon footprint and utility bill, and by combining federal tax credits and PG&E rebates, solar thermal may be a cost-effective water heating option for your property.

Continue reading Solar Thermal: What is it and how can it help your property?

Water and Energy Nexus

The drought may be over, but water cost control should still a priority for California property owners. As we approach the heat of summer, water use due to landscaping, pools, and spas increase, and so do water and sewer costs. In addition to the cost of water, the energy used to heat water—15% of utility bills on average—presents an opportunity for multifamily properties to conserve water and reduce spending on both water and energy. The following are three ways in which your property can take control of water costs.

Continue reading Water and Energy Nexus