Entries by UtiliSave Team

Regulated energy more cost-effective for property owners.

November 1, 2017 / in News / by REW, Real Estate Weekly Regulated energy, which comes attached with fears of price-gouging from monopolies, may be the more cost-effective option for property owners. According to case studies from energy data auditor Utilisave, regulated energy can yield millions in energy savings for commercial buildings. Michael Steifman, the firm’s […]

Demand Response – What, Why and How?

What is Demand Response? Utility companies have the responsibility to supply energy to the consumers. During peak hours the demand for electricity or gas increases. This poses an extra burden on the utility providers to meet the increased demand. Sometimes resulting in building more power plants to serve the growing customer base. Demand Response programs […]

Impact of Weather on Your Utilities

During the summer months temperatures rise above 100 degrees Fahrenheit and in the winter months drop below 40 degrees Fahrenheit. The load on the heating and cooling units reaches the maximum capacity, affecting the efficiency of the HVAC system. This winter New York did not experience harsh weather, unlike the previous years. We were barely […]

Questioning Utility Bills Could Save Customers Thousands of Dollars

November 30, 2016 / in News / by REW, Real Estate Weekly Companies in virtually every industry pay tens of millions of dollars annually in sales and use taxes on their utilities, yet few ever question whether they’re paying more than they should. And that could be a costly mistake, according to Michael Steifman, CEO […]

Benchmarking – The Benefits of Achieving the Energy Star Label

Property developers are always interested in gaining marketing advantages and the Energy Star label is a great way to do that.  Buildings that earn the Energy Star label are at least 15% more energy efficient than other peer buildings.  Research has shown that energy efficient buildings rent for an average premium of 2-6% more. With […]

Utility Sales and Use Taxes in New York – Are You Certain that your Filings are Right?

The New York Department of Taxation and Finance allows for sales tax exemptions on utilities (gas, electric, coal, steam, refrigeration, wood) for a business that produces tangible personal property for sale. To qualify for the exemption, the utilities must be used directly and exclusively (100%) in the production phase of the product. The production process […]

Top Five Energy Bill Errors that Hurt Large Energy Consumers

Top Five Energy Bill Errors that Hurt Large Energy Consumers  Many people aren’t aware that small errors on an energy bill can cost large energy consumers a hefty amount of money in the long run. However, consumers can educate themselves on common sources of energy errors and they can seek guidance from auditing and utility […]