Operating Costs in California continue to rise Dec 22, 2009

By
Commercial Real Estate Agent with Commercial MasterMinds

Operating costs for Apartment owners in California will predictably rise in the coming years. A recent San Francisco Business Times article indicates that PG&E is seeking regulatory approval to increase rates by 6+% over the 2010 rates.

Seeking a more fluid rate system, PG&E has asked to charge customers based on changes in payroll, income or property taxes! This sounds a lot like a percentage lease- except this is your utility company that is seeking more of your hard earned revenues.

See the short article by Lindsay Riddell by clicking on PG&E Seeks 6.4% rate increase in 2011.

 

To learn more about my background, visit Consult Pete. To learn more about my company services, visit Commercial MasterMinds. I can be reached via email at Pete@CommercialMasterMinds.com or just call (925) 719-3569

Continued Success, Pete

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