More and more, commercial real estate properties in Boston and throughout the country are turning to alternative energy options. This trend will continue and grow with the approval of the $700 billion dollar stimulus plan by President Obama. The economic stimulus plan includes a large array of financial incentives and tax credits for installing and implementing new systems including solar and wind.
Alternative energy companies are now specializing in the sales and installation of green energy systems for commercial and large multi-family buildings. Taking the headache out of being green by facilitating and removing the technical, regulatory, and financing barriers to alternative power.
Wind, solar and other alternative developments are becoming a logical and economical choice for the commercial properties as it reduces their operating costs. These new types of energy can significantly reduce increasing electrical and power bills.
These new alternative-energy systems pay for themselves in less than eight years making the cost-savings irresistible to property owners. Solar and wind energy are good for a company’s bottom line.
Bud Strang, the president and CEO of 6/10, a commercial building developer out of Florida says “For every dollar you save on net operating costs, the value of your building increases by a factor of ten.” So get ready to enjoy great savings while reducing your dependence on conventional utilities and helping the environment.
Many state’s Public Service commissions have adopted rules requiring electrical utilities to buy power back from from customer’s with alternative energy systems so that the commercial property owner provides full credit for all energy that is generated.
Alternative energy systems also increase the resale value of commercial properties making it a great investment for the present as well as the future.
Ok so 3 more posts today that I’ve dug up – I’m an information JUNKIE on this stuff lately. Give em a browse and let me know what ya reckon. They’re just from a few different sites I’ve been surfing lately that are generally good for information like this…
Real Estate Outlook: Recession is Over
Now it's official. The chairman of the Federal Reserve Board himself has said it publicly that it looks like the recession is over.
The Basics of Real Estate Investing | DealFiles Success!
It is likely that you think of a number of things when you hear the words real estate investing. You may think of real estate investing as real estate portfolios and real estate retirement plans, or you might focus on short sales, …
Dallas Real Estate News, Housing Trends, Home Prices, Home Tours …
DallasDirt is a daily discussion of the Dallas-Fort Worth real estate market, led by D Home Real Estate Editor Mary Candace Evans with contributions from real estate experts and aficionados. Topics include house porn, hot neighborhoods, …
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