What else does the IRA include to lower your utility costs? The Inflation Reduction Act extends tax credits and grants that make renewable energy more affordable for investors and housing providers. It also develops and expands the solar workforce, provides new options for funding, and incentivizes more real estate owners to invest in solar, to the tune of a $60 billion investment. Livable and the Independent Rental Owner batteries and more. Other spending is allocated for the facilities that make those clean energy products, heat pumps and energy research. The hope is that these multi-pronged efforts to increase energy production in the US, combined with efforts to reduce consumption, will lower the rising costs of energy. About half of that amount is dedicated to the production of solar panels, wind turbines, Whether or not you’re able to take advantage of the IRA to add solar to your investment property, you can use Livable’s Ratio Utility Billing System, conservation tips, and education to reduce tenant consumption and save money. A Ratio Utility Billing System (RUBS) allows you to fairly bill your residents for their share of utility use, including water and electricity, no matter its source. Combine RUBS and solar tax incentives to cover your costs and save on all your utilities for decades.
DANIEL SHARABI CEO & Co-founder Livable
Daniel Sharabi is the CEO & Co-founder of Livable, a utility management company with software solutions designed to save money, as well as the environment. Daniel’s immersive experience working within a multitude of sectors in Silicon Valley offers a homegrown advantage in his vision of leveraging technology to provide benefits for all: the property owner, property manager, the tenants, and our environment. To find out what Livable can do for your property check out livable.com or call 877-789-6027.
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