A local utility company estimate may be obtained by any interested party, including a tenant, and must be shared

lihtc.ua.utility_company_estimate_may_be_obtained_by_any_interested_party · v1.0.0

Any interested party -- a low-income tenant, the building owner, or the allocating agency -- may obtain a local utility company estimate for a unit, at any time during the building's extended use period or, where there is none, during its compliance period. The estimate is obtained when the party receives, in writing, information from a local utility company giving the estimated cost of that utility for a unit of similar size and construction in the geographic area. Where utility service is deregulated only one company's estimate is needed, but that company must actually offer service to the building, and the estimate should include all component deregulated charges. The initiating party bears the cost unless the parties agree otherwise, must retain the original, and must furnish a copy to the owner (where it is not the owner) and to the agency that allocated the credit (where it is not the agency). The owner must make copies available to the tenants in the building.

Confidence

high

Effective from

2008-07-29

Last reviewed

2026-08-31