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As of Jan. 1, the Value of Solar (VoS) rate will be extended to commercial solar customers.
With VoS, commercial solar customers:
Commercial solar customers who pay demand rates will receive $0.067 per kWh for all solar energy produced (or $0.047 per kWh if the system is over 1 MW-ac), and will be able to reduce their demand charges if their solar production causes a reduction in peak demand.
- Are billed on their total consumption — regardless of energy source — just as they were becoming Solar participants.
- Then receive a credit on their bill for all of their solar production.
Non-demand rate customers, including residential and many small businesses, will receive $0.097 per kWh for all solar energy produced.
Download the electric rates tariff for more details (PDF).
When: Wednesday - February 21, 2018
Time: 11:30 am - 12:30 pm
Rudy's Country Store & Bar-B-Q
24851 S Capital of Texas Hwy
Austin, Texas 78746
And the Winner is ...
Join us at the TOBY Luncheon on February 15.
Not entered this year? 2019 is gearing up on April 27 with the TOBY Workshop. Sign up today!
With all this HQ2 conversation heating up, it seems Amazon isn't the only company who is moving to Austin. A new study based on Bureau of Labor statistics and the Yardi matrix has determined that Austin is one of the top markets for commercial office real estate investors in 2018.
To determine these hot markets, analysts looked at employment numbers, vacancy rates, lease rates and the office construction pipeline. With a 2.7 percent unemployment rate, Austin ranks among the top cities in the U.S. for job seekers. And, as Commercial Cafe points out, the city maintained a low 11-15 percent office vacancy rate throughout 2017.
Community Impact Newspaper
A vacant piece of city-owned property was approved recently to be turned into a mobility center in San Marcos.
City Council and staff have been discussing what to do with the property at 214 E. Hutchison St., San Marcos, since the city bought it for $216,000 and in 2010 demolished the dry cleaning building that sat on the land.
The new downtown mobility hub will include a performance stage, a mural, benches, green space, an electric car-charging stations, public art, a rain garden, a pet waste station, a water refill station, bike racks, a bike repair station, a snack bar and four parking spaces. The site will also have a future transit stop, according to planning documents.
Cielo Property Group has broken ground on The Foundry, a mixed-use project in east Austin that will comprise 76,000 square feet of office space and 17 condo units, 11 of which are already under contract. DPR Construction, the general contractor for the project, has preleased 30,000 square feet at the three-story office property. Independent Bank provided the construction loan for the development, which is scheduled to open in March 2019. Sixthriver Architects designed the office building. CBRE will handle leasing of the property.
This year's housing market in Central Texas could shake out much like last year's, with labor and lots in short supply, strong demand due to job and population growth — and a continued rise in home prices.
That was the recent outlook from real estate expert Eldon Rude, delivered to more than 600 builders and other industry professionals at an annual housing forecast event. The forum, sponsored by the Home Builders Association of Greater Austin, took place at the AT&T Conference Center on the University of Texas campus.
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Commercial Property Executive
The nation’s major markets are still seeing a massive wave of new developments and a slowdown is not in the books for 2018. In fact, 57 percent of contractors expect to increase hiring in the next few months, according to the latest survey on commercial construction made by USG Corp. and the U.S. Chamber of Commerce. Roughly the same percentage reported challenges in finding skilled workers in the last quarter of 2017. The ratio is even higher when it comes to smaller companies. The report shows that 67 percent of contractors with revenues under $10 million face this challenge.
Retail Touch Points
The modern office in 2018 should be a far cry from the cubicle-filled rooms of past decades. Thanks to the rapid expansion of internet connectivity and the boom in personal technological devices, today's employees can — and often do — work away from the office as often as they do within it.
This game-changing transformation of the way we work has been reflected in the way our offices are designed.
Chartered Management Institute
Go to any conference and "workplace well-being" will no doubt be high up on the agenda — and thank goodness, because research states there's a new diagnosis of work-related stress, depression or anxiety every two minutes, costing U.K. businesses 45 million working days a year.
According to the CIPD Absence Management survey, over two fifths of organizations have seen an increase in reported mental health problems. This, however, doesn't account for those that don't speak up.
Harvard Business Review
Advice on how to improve one's self is everywhere. It accounts for about 2.5 percent of all book sales in the United States. Add in speeches, training programs, TV programs, online-products, coaches, yoga and the like, self-help is a $10 billion industry per year, and that's just in the U.S.
However, research shows that much of the advice extolled may be misleading or even wrong. Several myths about performance persist, despite research and practices that show they are half-truths at best.
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Steve Brittain, MultiView, Director of Publishing, 469-420-2625
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