Last month, we told you about the great investment incentive tax credits the Inflation Reduction Act offers investment owners of rental properties. Before the IRA was passed, those tax credits were only offered to homeowners who lived in the property they upgraded with solar, wind or other renewable energy. It's a huge new benefit for Housing Providers! But the IRA, the single largest government investment in clean energy, goes much further to promote the widespread use of renewable energy, electric vehicles and other tactics to conserve our natural resources.
Latest stories on conservation
Explore More Energy Savings News in the Inflation Reduction Act
The Inflation Reduction Act & Renewable Energy: How Much Can You Save?
The Inflation Reduction Act, also known as the IRA, includes great news for multifamily housing providers! While residential tax credits were available to homeowners who installed solar panels or invested in other forms of renewable energy, rental property owners were excluded from those credits unless the owner lived onsite. The IRA now offers investment Housing Providers the same credits – up to 30% of the price! – that owners who occupy housing have been able to take advantage of for years.
In summer, water usage can account for as much as 50% or more of your monthly utility bill, depending on where you live. Learning how to conserve water during the hottest months not only can save you money, but it’s good for the planet. It’s doubly important to think about ways to save on water this summer.
New Water Restrictions In Effect For Millions Across Southern California: Here’s What You Need To Know
More than 6 million Southern California residents will be affected by water restrictions which have taken effect on Wednesday, June 1. That means many of us will have to limit outdoor watering to one day a week. In L.A, it'll be two days a week.
As temperatures continue to rise, staying cool this summer means an increase on your utility bills. While the rising heat impacts financial and environmental factors, there are habits you and your Residents can apply to your daily summer living to reduce those financial and environmental impacts. By following these simple summer energy-saving tips, you and your Residents can keep the temperature, and your budget, well within your comfort zone.
The benefits of consuming less and conserving more
At Livable, we know that energy conservation contributes to our goal of saving the environment and saving apartment owners money.
As we get ready to say goodbye to 2019, it’s only natural to look ahead. In addition to what is sure to be a heated national political season in 2020, there are several statewide measures in California to keep an eye on, including a possible overhaul of Prop. 13 and another proposition that would allow municipalities to extend rent control to most units that are at least 15 years old.
Rent Control Comes to Every Property in California
After ignoring the will of the voters, who just last year decided against loosening statewide restrictions on rent control, California state legislators recently passed a new law that will cap annual rent increases at 5 percent plus inflation.