---
title: 4 Reasons To Own the Electric Infrastructure at Your Properties.
description: Four reasons a property owner or property manager should consider private energy services in their multifamily apartment or condominium property.
image: https://blog.nepenergies.com/hubfs/Row-of-Electric-Meters-Array-890887012_3264x2448-coloredit.png
---

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# 4 Reasons To Own the Electric Infrastructure at Your Properties.

# 4 Reasons To Own the Electric Infrastructure at Your Properties.

 by [Nationwide Energy Partners](https://blog.nepenergies.com/nep-blog/author/nationwide-energy-partners)

Aug 17, 2023, 10:36:03 AM

Legendary UCLA college basketball coach John Wooden once  
opined: “The failure to act is often the biggest failure of all.”

And yet, when it comes to considering privatizing utilities in  
their multifamily properties, that is the route many owners take.  
Unfortunately, in this case, there is a genuine opportunity cost  
that comes with doing nothing.

Deciding to privatize the utility infrastructure in a community is  
one each owner must make for themselves. The rub, however,  
is many do not consider this option at all. Perhaps that is due  
to misinformation and a lack of understanding as to how the  
process works and, more importantly, how it can work for  
you. Common objections around privatizing include “It seems  
too good to be true” and “It just isn’t worth the hassle.” These  
concerns run rampant despite property owners consistently  
expressing frustrations with host utilities.

So, should you seriously consider owning your utility  
infrastructure? Is it too good to be true? Is it worth the hassle?  
In this short article, we offer a quick overview of a few key  
benefits and share what you may have to gain by electing to  
go this route. The fact is that the benefits of privatization for  
property owners are much greater than most realize, and the  
ability to employ them in their communities is much easier than  
they anticipate. As a result, a wide range of communities is  
employing this tool.

Privatization is customizable to your property’s needs.  
Every community is unique. It has its own architectural layout and design, its own  
financial opportunities, and its own community spaces. It has its own personality.  
To some, utility privatization feels like a one-size-fits-all offering, but nothing could  
be further from the truth. Customizable solutions can be designed for a specific  
community to meet specific needs or challenges and are readily available when  
you partner with experienced, high-quality energy providers.

Such a partnership not only results in the best possible solutions for your  
property, but it can also put you in touch with a company whose very existence is  
dependent upon creating a positive relationship with you, your property managers,  
and your residents. Further, the best of these providers has years of experience  
working and have worked with dozens of multifamily properties and host  
utilities. As a result, the process of owning your own infrastructure is surprisingly  
seamless and easy.

Privatization adds speed and flexibility.  
The host utility is a reliable resource when it comes to generating and delivering  
power. But when they also own the infrastructure, they are not incentivized to act  
in your best interest. This is not a result of maliciousness, but in serving the needs  
of the infrastructure owner, which, in this case, is the host utility themselves. This  
leaves property owners with very limited control or flexibility as to how, where, and  
when power lines and meter banks are placed. As the property owner, you will be  
expected to work around the host utility’s expectations and schedules.

Privatizing puts more of these decisions in your hands. When you own the  
infrastructure, you have greater flexibility to place these features where they are  
most beneficial to the specific architectural and functional design of the property.

You will also find that the entire process can happen much more expediently when  
you are working with a top-tier provider. 

Privatization offers big financial advantages.  
Typically, the most inviting of all the pluses are the large financial benefits a  
property owner can realize through privatization of their utility infrastructure.

These economic advantages are particularly powerful when discussing  
new construction projects, where the typical out-of-pocket cost for the  
infrastructure, such as through cost-in-aid-of-construction (CIAC) fees, can  
often be completely avoided. In fact, Nationwide Energy Partner customers  
generally pay nothing out of pocket for their electrical infrastructure and  
receive additional funds in the form of door fees.

These additional dollars and cents can help keep a project on budget or  
be used for virtually any purpose you, as the property owner, desire.  
This includes boosting your bottom line, financing enhancements to  
help meet ESG goals, enriching your community, managing unexpected  
costs, offsetting rental enticements, and many more. It is your money.  
But new communities are not the only ones who benefit. The economics  
of the privatization model offers a recurring commission that creates  
an ongoing revenue stream for owners, as well as enhanced NOI.  
Operational benefits exist in such areas as account transfers, where  
privatization can make resident turnover a bit easier than what might  
be the case when working with the host utility. Plus, providers like  
Nationwide Energy Partners are incentivized to work for you and your  
property. The result is a better overall experience for property managers  
and residents.

Privatization is not too good to be true.  
Maybe you are thinking this really does seem to be too good to be true.  
You are still skeptical. You are not alone; this is a common reaction,  
particularly when the details are not clearly understood. For communities  
who do the research, however, the message is clear. Privatization is a  
legitimate, tested avenue to provide property owners with the ability to  
leverage the utility infrastructure by turning it into another asset for their  
community. Consider that you have most likely already paid for that  
infrastructure in your community, or you will be paying for it, so why not  
own it and reap the rewards?

###### Tags:

[Benefits,](https://blog.nepenergies.com/nep-blog/tag/benefits) [Features,](https://blog.nepenergies.com/nep-blog/tag/features) [Infrastructure](https://blog.nepenergies.com/nep-blog/tag/infrastructure)

Post by [Nationwide Energy Partners](https://blog.nepenergies.com/nep-blog/author/nationwide-energy-partners)   
 Aug 17, 2023, 10:36:03 AM

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