Appraisal of electric cooperatives is a complex undertaking due to lack of market transactions. The presentation looks at current practice in Texas and highlights some areas of debate.
The American Public Power Association’s “Rate Design for Distributed Generation” report examines rate design options for solar and other distributed generation (DG), using public power utility case studies. The report discusses how utilities have educated customers about new rates, and how DG
and non-DG customers responded. While the rate design options have some drawbacks, and might not be technically feasible for all utilities, they offer the industry new models that account for the rate impacts of distributed generation.
The use of DG, particularly rooftop solar photovoltaic (PV), is growing fast. As of October 2014, just under 8,000 megawatts (MW) of solar capacity was installed on residential and business rooftops across the United States (U.S.).1
The growth of DG has been spurred by environmental concerns and economic considerations. Federal and state tax incentives are a driving force behind solar PV installations
and can together cover up to 70 percent of the total cost of solar panels in some states.2 Declining solar panel prices have also fueled growth in rooftop solar. Utility rate structures for distributed generation have provided a significant benefit to solar customers.
As DG becomes more widespread, rate analysts and researchers are developing new rate designs to help ensure that utilities recover their cost of service, encouraging while providing appropriate incentives for rooftop solar deployment.
Utilities can no longer afford to take a wait and see approach in rate design for DG, nor should they assume that old rate designs adopted before the escalation in DG installations will work in the future.
Most utilities in the U.S. use net metering to measure and compensate customers for the generation they produce. However net metering has several shortcomings and results in non-DG customers subsidizing DG customers.
Utilities have options other than traditional net metering. Many public power utilities have adopted new rate designs to serve DG customers. Some of these rate designs supplement net metering by recouping more of their fixed costs through fixed charges, while other designs provide comprehensive alternatives to net metering.
Utility rate setters must balance between simplicity and accuracy, align costs and prices, support environmental stewardship, and ensure that rate designs are well suited to customers. Customer communication and engagement are essential components of the rate-setting process.
This report does not examine every rate design option, nor does it suggest a single best option. It offers alternatives
to traditional net metering, with case studies. Utilities
can consider how they can adapt rate designs to suit their community’s needs, factoring in market structure, state policies, and other considerations.
Improving Distribution System Performance in Deregulated Electricity Industry...IOSRJEEE
In many developing countries, domestic electricity consumers having single phase appliances are most times supplied with single phase meters with incoming three phase supply lines. Due to frequent phase faults, these customers often change their supply from one phase to another whenever there is low voltage or no supply in the phase they are currently connected to. This action coupled with the fact that there is uneven distribution of loads on the distribution transformers in residential areas, lead to more transformer overload with consequential loss of power, equipment, man-hours, revenue and in extreme cases, life. When electricity was treated as a welfare commodity or as part of government social responsibility, these consequences where ignored. But with commercialization, privatization and deregulation, cost minimization and profit maximization have become the watchwords. As a means of minimizing this, utilizing the concept of phase-constrained electricity billing scheme in the deregulated Nigerian Power Industry was presented in this work. The phaseconstrained billing model involves re-arranging the service lines and setting up constraint matrices to relate the phase and service lines utilizable by customer to the electricity bill using penalty factors. To test the acceptability of this model, a customer behavior and utilization index based questionnaires were administered in the field. The survey was analyzed using the statistical attitude measurement technique based on the 5-point Likert Scale. The responses obtained showed that introducing a penalty factor in the billing which ensure that those using more phases pay higher will minimize frequent change of phases; and provide a direction for utilities and customers in resolving the power quality and availability problems associated with frequent phase changing.
The American Public Power Association’s “Rate Design for Distributed Generation” report examines rate design options for solar and other distributed generation (DG), using public power utility case studies. The report discusses how utilities have educated customers about new rates, and how DG
and non-DG customers responded. While the rate design options have some drawbacks, and might not be technically feasible for all utilities, they offer the industry new models that account for the rate impacts of distributed generation.
The use of DG, particularly rooftop solar photovoltaic (PV), is growing fast. As of October 2014, just under 8,000 megawatts (MW) of solar capacity was installed on residential and business rooftops across the United States (U.S.).1
The growth of DG has been spurred by environmental concerns and economic considerations. Federal and state tax incentives are a driving force behind solar PV installations
and can together cover up to 70 percent of the total cost of solar panels in some states.2 Declining solar panel prices have also fueled growth in rooftop solar. Utility rate structures for distributed generation have provided a significant benefit to solar customers.
As DG becomes more widespread, rate analysts and researchers are developing new rate designs to help ensure that utilities recover their cost of service, encouraging while providing appropriate incentives for rooftop solar deployment.
Utilities can no longer afford to take a wait and see approach in rate design for DG, nor should they assume that old rate designs adopted before the escalation in DG installations will work in the future.
Most utilities in the U.S. use net metering to measure and compensate customers for the generation they produce. However net metering has several shortcomings and results in non-DG customers subsidizing DG customers.
Utilities have options other than traditional net metering. Many public power utilities have adopted new rate designs to serve DG customers. Some of these rate designs supplement net metering by recouping more of their fixed costs through fixed charges, while other designs provide comprehensive alternatives to net metering.
Utility rate setters must balance between simplicity and accuracy, align costs and prices, support environmental stewardship, and ensure that rate designs are well suited to customers. Customer communication and engagement are essential components of the rate-setting process.
This report does not examine every rate design option, nor does it suggest a single best option. It offers alternatives
to traditional net metering, with case studies. Utilities
can consider how they can adapt rate designs to suit their community’s needs, factoring in market structure, state policies, and other considerations.
Improving Distribution System Performance in Deregulated Electricity Industry...IOSRJEEE
In many developing countries, domestic electricity consumers having single phase appliances are most times supplied with single phase meters with incoming three phase supply lines. Due to frequent phase faults, these customers often change their supply from one phase to another whenever there is low voltage or no supply in the phase they are currently connected to. This action coupled with the fact that there is uneven distribution of loads on the distribution transformers in residential areas, lead to more transformer overload with consequential loss of power, equipment, man-hours, revenue and in extreme cases, life. When electricity was treated as a welfare commodity or as part of government social responsibility, these consequences where ignored. But with commercialization, privatization and deregulation, cost minimization and profit maximization have become the watchwords. As a means of minimizing this, utilizing the concept of phase-constrained electricity billing scheme in the deregulated Nigerian Power Industry was presented in this work. The phaseconstrained billing model involves re-arranging the service lines and setting up constraint matrices to relate the phase and service lines utilizable by customer to the electricity bill using penalty factors. To test the acceptability of this model, a customer behavior and utilization index based questionnaires were administered in the field. The survey was analyzed using the statistical attitude measurement technique based on the 5-point Likert Scale. The responses obtained showed that introducing a penalty factor in the billing which ensure that those using more phases pay higher will minimize frequent change of phases; and provide a direction for utilities and customers in resolving the power quality and availability problems associated with frequent phase changing.
21st C.Electric Distribution System Operations, 2014Paul De Martini
L. Kristov & P. De Martini paper that defines Distribution System Operator and provides a framework to considering a range of business and policy issues.
Green Lecture Series: Rethinking Local Energy Choices and CostsCUSP | Univ of Guelph
With rapidly changing regulatory and legislative landscape, emerging energy efficient and renewable energy technologies, and escalating electricity costs, this presentation will discuss how small rural communities in America can rethink their energy and develop long term energy plans to reduce their energy usage and costs.
Presentation for the Green Lecture Series, sponsored by Michigan Center for Water and Society, Lake Superior Stewardship Initiative, Michigan Tech Dept. of Social Sciences, Michigan Tech Center for Water & Society, Keweenaw Unitarian Universalist Fellowship, and Keweenaw Land Trust
The cross subsidy of electricity price in ChinaAI Publications
A new-round electric power system reform and electric power deregulation reform is on going in China. Of which, the transmission and distribution price reform has generated great impacts on electric power companies. Under this background, how to tackle cross subsidy of electricity price has become a burning issue in China. In this paper, the cross subsidy of electricity price in China is reviewed. Firstly, three categories of cross subsidy of electricity price are introduced; Secondly, the reasons for cross subsidy of electricity price are discussed in details; Thirdly, the impacts of cross subsidy of electricity price are analyzed; Finally, several policy implications are proposed for tackling the issues of cross subsidy of electricity price in China. This paper can provide references for policy decision-making of related government administration..
Electric utility primer john chowdhury 2012 finalJohn Chowdhury
A comprehensive analysis of US electric utility industry. Understand US Electric Industry
Regulatory Landscape
Key Utility Processes
How Smart Grid can Benefit the Industry
Example Components
A New Methodology for Active Power Transmission Loss Allocation in Deregulate...IJECEIAES
This paper presents a new method for transmission loss allocation in a deregulated power system. As the power loss is a nonlinear quantity, so to allocate the loss in a common transmission corrider is a difficult task. It allocates transmission losses to loads based on the actual power flow in the lossy lines due to the concerned load. Each lossy line is subdivided into as many sub-lines as corresponding to the numbers of load attached to it. The tracing of power flow through each sub-line is worked out by using proportional sharing method. The power loss in each lossy line is equal with the total loss due to all the sub-lines under it. Then by using Pro-rata for each lossy line, the individual loss for each sub-line is formulated. As the application of Pro-rata is limited to an individual line of the system, so the error in calculation is minimized. The total loss allocated to a particular load is the sum of losses occurred in each lossy lines through which the power is flowing to the concerned load. As this method is based on the actual flow of power in the transmission line corresponding to the concerned load, hence, the loss allocation made by the method gives proper and justifiable allocations to the different loads which are attached to the system. The proposed method is applied to a six-bus system and finds the mismatch in the commonly used methods. Then, it is applied to higher bus systems in which more accurate results are obtained compared to the other methods.
21st C.Electric Distribution System Operations, 2014Paul De Martini
L. Kristov & P. De Martini paper that defines Distribution System Operator and provides a framework to considering a range of business and policy issues.
Green Lecture Series: Rethinking Local Energy Choices and CostsCUSP | Univ of Guelph
With rapidly changing regulatory and legislative landscape, emerging energy efficient and renewable energy technologies, and escalating electricity costs, this presentation will discuss how small rural communities in America can rethink their energy and develop long term energy plans to reduce their energy usage and costs.
Presentation for the Green Lecture Series, sponsored by Michigan Center for Water and Society, Lake Superior Stewardship Initiative, Michigan Tech Dept. of Social Sciences, Michigan Tech Center for Water & Society, Keweenaw Unitarian Universalist Fellowship, and Keweenaw Land Trust
The cross subsidy of electricity price in ChinaAI Publications
A new-round electric power system reform and electric power deregulation reform is on going in China. Of which, the transmission and distribution price reform has generated great impacts on electric power companies. Under this background, how to tackle cross subsidy of electricity price has become a burning issue in China. In this paper, the cross subsidy of electricity price in China is reviewed. Firstly, three categories of cross subsidy of electricity price are introduced; Secondly, the reasons for cross subsidy of electricity price are discussed in details; Thirdly, the impacts of cross subsidy of electricity price are analyzed; Finally, several policy implications are proposed for tackling the issues of cross subsidy of electricity price in China. This paper can provide references for policy decision-making of related government administration..
Electric utility primer john chowdhury 2012 finalJohn Chowdhury
A comprehensive analysis of US electric utility industry. Understand US Electric Industry
Regulatory Landscape
Key Utility Processes
How Smart Grid can Benefit the Industry
Example Components
A New Methodology for Active Power Transmission Loss Allocation in Deregulate...IJECEIAES
This paper presents a new method for transmission loss allocation in a deregulated power system. As the power loss is a nonlinear quantity, so to allocate the loss in a common transmission corrider is a difficult task. It allocates transmission losses to loads based on the actual power flow in the lossy lines due to the concerned load. Each lossy line is subdivided into as many sub-lines as corresponding to the numbers of load attached to it. The tracing of power flow through each sub-line is worked out by using proportional sharing method. The power loss in each lossy line is equal with the total loss due to all the sub-lines under it. Then by using Pro-rata for each lossy line, the individual loss for each sub-line is formulated. As the application of Pro-rata is limited to an individual line of the system, so the error in calculation is minimized. The total loss allocated to a particular load is the sum of losses occurred in each lossy lines through which the power is flowing to the concerned load. As this method is based on the actual flow of power in the transmission line corresponding to the concerned load, hence, the loss allocation made by the method gives proper and justifiable allocations to the different loads which are attached to the system. The proposed method is applied to a six-bus system and finds the mismatch in the commonly used methods. Then, it is applied to higher bus systems in which more accurate results are obtained compared to the other methods.
Collaborating towards a national energy visionFrank Tudor
It was a pleasure to speak at the National Energy Efficiency Conference 2017 in Melbourne yesterday. I've provided a copy of my presentation slides below with a summary of my key points.
The changing world of energy is making it increasingly challenging to optimize power reliability, energy costs, and operational efficiency in critical power environments such as
hospitals, data centers, airports, and manufacturing facilities. Utility power grids are getting more dynamic, facility power distribution systems are becoming more complex, and
cyberattacks threaten network stability. More competitive pressures and environmental regulations are pushing expectations for energy efficiency and business sustainability higher than ever. Addressing these challenges requires new
digital tools designed specifically to enable faster response to opportunities and risks related to power system reliability and operations.
"Next Gen Grid Tech Commercialization" for Duke University Energy Initiative ...Josh Gould
Guest lecture on "Next Gen Grid Tech Commercialization" for Duke University Energy Initiative graduate level course entitled: “Emerging Energy Technologies – From Lab to Market.” (790-01)
Facilitating cross-sectoral exchange of energy dataSaidh KESSACI
Energy transition is attracting many new players putting increased pressure on the grid players to access and draw insights from data that measures energy consumption and needs. Considering all the possible data-sharing architectures is important to make the system more attractive for investments and more secure for management.
FUTURE RESILIENCE OF THE UK ELECTRICITY SYSTEM ARE WE RESILIENT TO MEET THE N...Peter Jones
The Energy Research Partnership (ERP) has brought together a range of stakeholders from across the energy sector to develop a common view on the future resilience of the UK Electricity System.
This work has identified a range of emerging trends that are changing the way we operate the electricity system and will need to be acted upon to assure we have a resilient electricity system in the future. In response to these trends a number of recommendations have been made that require action over the next decade to assure resilience of the electricity system in the future.
Inquiry into Microgrids and Associated Technologies in Western AustraliaFrank Tudor
In April 2018, Horizon Power provided a submission to state parliament's Economics and Industry Standing Committee's inquiry into Microgrids and Associated Technologies in Western Australia.
The inquiry takes place within a context of the most transformational period of change since Edison. Horizon Power's advocates for three strategic pillars that constitute a roadmap for transforming our energy systems.
Similar to Appraisal of Electric Cooperatives in Texas (20)
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Keep Your Home Naturally Cool and Warm Out Change in Seasons
Vinra Construction is a private limited company registered under the ROC. The management has an experience of over 15 years of understanding the needs and delivering apt solutions to the end users We are providing turnkey solutions in construction fields. like Construction, Interior Designing Facility Management, Plantation Management, etc..
Vinra Construction Tech Enabled Company for Eco-Friendly Home Construction
Contact With Vinra for a Greener Future >>> Call us @ 888 4898 765
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
1. Wild,Wild, West……Appraisal of Electric
Cooperatives inTexas
Bwembya Chikolwa
PropertyTax Assistance Division
Texas Comptroller of Public Accounts
Bwembya.chikolwa@cpa.state.tx.us
512-475-5677
29th National Conference of UnitValuation States
Hilton Garden Inn, Austin, TX
October 29 – 31, 2013
2. The statements made or opinions expressed by the
author/presenter in this presentation or related materials do not
necessarily represent a policy position of theTexas Comptroller
of Public Accounts’ PropertyTax Assistance Division.
As such, the presented material should not be quoted without
prior consent of the author/presenter.
2
3. 1. What Are Electric Cooperatives?
2. Characteristics of ElectricCooperatives
3. Legislative Background
4. Historical Background to Methodology
5. Texas Appraisal Methodology
6. Case Study 1:Valuation of Pedernales Electric Cooperatives
7. Case Study 2:Valuation of Brazos Electric Cooperative
8. Controversies & Open Discussion
9. Appraisal Methodology:Other States
10. Data Sources
3
4. Electric cooperatives are democratic, tax-paying, not-for-profit
businesses governed by member-elected boards of directors. As member-
owned utilities, the distribution systems are self-regulating. In addition to
providing electricity and other products and services to their member-
consumers, electric co-ops adhere to a proud tradition of community
service.
Cooperatives bring electricity to rural and suburbanTexas, turning on the
lights and improving quality of life –Texas Electric Cooperatives
NRECA:The Electric Cooperative Story:
http://www.youtube.com/watch?v=tenKnIx4ouY
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5. Characteristics:
Larger investment in distribution facilities required per customer:
- Low density per customer
- Seasonal demand
Types of customers:
- Electric Coop’s: rural customers
- IOU’s: Commercial & industrial customers
Non-profit organizations:
- Rates set to cover O&M and debt service
- Operating margin/net income is very small & doesn’t provide market rate of
return-on-capital
Few comparable sales/market data.
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6. Federal Statutes:
- The Rural Electrification Act of 1936 with amendments
- Federal Power Act and major amendments
- Energy Policy Act of 2005
Texas Statutes:
- Public Utility Regulatory Act (Chp. 41) and Electric Cooperative
Corporation Act (Chp. 161), under the Texas Utilities Code
- Public Utility Commission (PUC) rules (Chapter 25 – Electric) under
Texas Administrative Code,Title 16, Part II.
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7. “…the evolution of a ‘generally accepted’ appraisal methodology required a
concerted effort by all parties involved. In essence, to avoid costly litigation, the
valuation methodology should be not only legally valid but also developed and
supported by both the taxpayer and the appraisal authority”.
Source: Smith, M. & Nabors, W. (1994),The Appraisal of Telephone and Electric Distribution Cooperatives
inTexas, Proceedings of the 1994 Public UtilitiesWorkshop Appraisal: Communications, Energy
andTransportation Properties for AdValoremTaxation, July 24-28, 1994, Kansas, Wichita. pp. 86-
91.
1979: Inception of the “standards” method as the “generally
accepted” methodology.
1993: A task force was assembled to analyze the “standards” method
problem and formulate a new valuation methodology. No
alternative valuation methodology was endorsed widely and
various concerns were raised.
2009 to date: Various inconclusive meetings held by the PTAD/
Industry Electric Coop Sub-committee on revising valuation
methodology.
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8. Since Coops are nonprofit organizations and rarely sell; it is difficult to perform an
income approach or gather market derived information for use in their valuation.
The General Appraisal Manual (GAM) concludes that market data or comparable
sales approach is very difficult to perform due to scarcity of sales and that the cost
approach is the only one which is readily applicable.
The cost approach can best be described as net-book less economic obsolescence.
- Assumptions under which Coops can be compared to IOU’s:
1. IOU’s operating under good conditions will be worth net book since this
is the theoretical earnings base.
2. Several measures of operating efficiency will provide “standards”
against which all companies can be compared.
3. “Standards” will be operating factors which are representative of
utilities operating efficiently and under good conditions.
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9. Measures of operating efficiency provide comparative measures of “standards”.
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Standard Operating Efficiency Measure
MWH / Customer Density or volume of business
MWH / Net Distribution Plant Cost efficiency
MWH / M &O Expense less Power Expense Efficiency of operations
MWH / Distribution M &O Expense Efficiency of operations
Customers / Net Distribution Plant Density or volume of business
10. Ten major differences between IOU’s and Coops:
1. Density of customers
2. Volume of power sold
3. Types of customers
4. Predictability of load
5. Sources of funding
6. Accounting methods
7. Ownership
8. Line loss
9. Purpose
10. Profit motivation
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11. Pedernales Electric Cooperative, Inc. is a not-for-profit electric cooperative
corporation serving approximately 247,000 members and has 17,453 miles of line.
PEC purchases its electrical power from generating source suppliers and delivers
service to consumers through its transmission and distribution systems. Pedernales
serves 24 counties in the centralTexas region.
Income & cost approaches used; most weight given to cost approach.
Standards used:
IOU’s: CenterPoint Houston; Oncor Electric;Texas-New Mexico Power;
Southwestern Electric Power; Southwestern Public Service.
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PEDERNALES
1 MWH / Customer
2 MWH / Net Distribution Plant
3 MWH / M & O Expense less Power Expense
4 MWH / Distribution M & O Expense
5 Customers / Net Distribution Plant
12. Cost Approach:
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APPRAISAL CALCULATIONS
% Good Calculation
IOU Standards
% GOOD 1 (MWH/CUST/ 47.68614517 ) = 0.419394723
% GOOD 2 (MWH/NDTP/ 0.0255648 ) = 0.205925563
% GOOD 3 (MWH/OPEX/ 0.102041313 ) = 0.456626128
% GOOD 4 (MWH/DTEX/ 0.547690141 ) = 0.197791421
% GOOD 5 (CUST/NDTP/ 0.000540611 ) = 0.486914057
AVG % GOOD 0.353330378
PERSONAL PROPERTY DISTRIBUTION W/O SUBS.
987,498,245 LESS 169,861,492 = 817,636,753
PER POLE MILE = 47,678
PER METER = 3,299
PERSONAL PROPERTY TRANSMISSION W/O SUBS.
38,092,756 LESS 6,445,436 = 31,647,320
PER TRANS. MILE = 104,103
PERSONAL PROPERTY SUBSTATIONS
137,928,893 LESS 14,127,367 = 123,801,526
44,366,667 LESS 7,848,734 = 36,517,933
PER KVA = 1
CWIP 39,621,497 = 39,621,497
SITUS PERSONAL PROPERTY
89,837,514 LESS 44,164,828 = 45,672,686
MATERIALS & SUPPLIES 20,908,875 = 20,908,875
Net Book Value = 1,115,806,590
LESS: Economic Obsolescence (1 - 0.35333) 721,558,225
Indicated Value 394,248,365
13. Brazos Electric Power Cooperative, Inc.’s facilities include generation, transmission,
distribution, and general plants. All sales are to customers who re-sell the
electricity to ultimate users and are primarily other cooperatives.
Income & cost approaches used. Most weight given to income approach.
Standards used:
IOU’s: Southwestern Electric Power; Southwestern Public Service; AEPTexas
North
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BRAZOS
1 MWH (T)/OC Transmission
2 MWH (T)/Transmission M & O
3 MWH (P)/NPIS
4 Adj. Operating Revenues/NPIS
5 (Operating Revenues/T MWH) x 1000
6 Return to NPIS
7 Load Factor*
14. Pedernales Electric Power Cooperative: Most weight given to cost approach.
Brazos Electric Power Cooperative: Most weight given to income approach.
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Is quisnam adveho in justicia must adveho per tersus manuum.
15. Some controversies and points of discussion:
1. Determination of capitalization rate.
2. Exclusion of common carrier IOU’s located in the ERCOT system (i.e. they
are prohibited from buying and selling power).
3. “Second adjustment factor” - obsolescence factor should be adjusted by the
average level of the market value to net book ratios of the IOU’s.
4. Only Standards 1-3 are pertinent as they offer meaningful results:
- Stnd 4 is actually accounted for in Stnd 3.The whole essence of making
this adjustment is to account forT&D only, rendering Stnd 4 irrelevant.
- Stnd 5 has some serious correlation issues with Stnds 1 and Stnd 2,
hence the absurd unexplainable result. Stnd 5 is circular as it combines
elements of Stnd 1 and Stnd 2 and is ultimately captured in Stnds 1 & 2
The fact that we’re averaging these IOU Stnds to get Avg % Good, muddles
our result. We should, thus, strive for independent uncorrelated Stnds.
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16. Cont’d. Some controversies and points of discussion :
5. Is adopting Avg % Good using IOUs technically right when we’ve 71 electric
coops inTX to compare with? These two electric sectors have very different
risk-return profiles. Electric coops benefit from having a different rate
regulation regime and are availed with high cost assistance.
6. RUS Reports present some interesting ratios, which with aggregation can
be another route to coming up with Stnds.The following ratios can be
useful:
- Ratio 31: Plant Revenue Ratio OneYear
- Ratio 33:Total Operating Revenue Per KWH Sold (Mills)
- Ratio 35:Total Operating Revenue Per Customer
- Ratio 57:Total Margins Per Customer
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17. February 2012 PTAD other states survey results:
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State Methodology Allocation Comments
WA Data from 2 IOU's to
devlp. rates & ratios
Agreed weightinng to
determine assessed
values.
Agreement with Rural
Electric Coop
Association.
OR 4% of gross revenue
from T&D operations
minus cost of power
Real MV - 85% of HCLD
and 15% Income
Approach. L & B
removed & billed
seperately.
Valued under statutues
that use gross revenue
tax (ORS 308.805)
UT Income, cost & stock
and Debt Approaches.
Contibutions-in-aid of
construction and
Deferred Taxes not in
cost approach.
Administrative Rule R
884-24p (Rule 62).
Valuation of state
assessed unitary
properties Pursuant to
Utah.
MT Primary weight on cost
approach. HCLD 50% +
Income Approach 50%.
Intangible assets
deducted: software,
copyrights, licences,
patenst, franchises,
goodwill, stocks, bonds
& notes, operating lease
adjustment.
18. USDA Rural and Community Development, Utility Services:
http://www.usda.gov/wps/portal/usda/usdahome?navid=UTILITY_SERVICES&navtype
=RT&parentnav=RURAL_DEVELOPMENT
USDA Rural Development, Cooperatives:
http://www.rurdev.usda.gov/LP_CoopPrograms.html
Federal Energy Regulatory Commission (FERC)
http://www.ferc.gov/market-oversight/mkt-electric/overview.asp
Federated Rural Electric Insurance Exchange
http://www.federatedrural.coop/
Cooperative Finance Corporation (CFC)
http://www.cooperativefinancecorporation.net/
National Rural Utilities Cooperative Finance Corporation
https://www.nrucfc.coop/content/cfc.html
Public Utility Commission ofTexas
http://www.puc.texas.gov/
Electric Reliability Council ofTexas
http://www.ercot.com/
Texas Electric Cooperatives
http://www.texas-ec.org/
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