Open the envelope for your water bill and zoom in on the line item Stormwater Utility Fee. Focus on the amount! Most municipalities are now adding the Stormwater Utility Fee, often referred to as a “Rain Tax” to the water bills and or your property tax bills and it keeps going up! Many commercial property owners and their tenants continuing to absorb higher property taxes have exhausted every way to reduce expenses. SW FeeSaver has developed a proven process for savings and believes you may be eligible for a significant reduction in your Stormwater Utility Fees and perhaps not even know it! The savings comes from a Stormwater Tax Credit! SW FeeSaver, LLC, has discovered an opportunity for you to SAVE money.
The U.S. Environmental Protection Agency (EPA) requires municipalities to develop and enforce a National Pollutant Discharge Elimination System (NPDES) Stormwater program. This requires enforcement of guidelines and permitting processes to insure stormwater management systems on existing and new commercial properties are complying with new EPA regulations. As it rains or snow melts that if not percolated into the ground pollutants such as fertilizer, oil, droppings and other chemicals run off into our streams and lakes. Action is required on sites for basin clean up, pond improvements, updated systems, etc. This is an enormous task for City maintenance and planning departments to implement a program for public properties, let alone private property to stay in compliance. A utility is usually established to charge property owners a fee based on their impervious area- the more asphalt, sidewalks and rooftops the higher the fee, to the tune of over $1,600 per acre per year in some Cities! This fee offsets cost for Cities to enforce requirements for public and private property owners to maintain, inspect and upgrade infrastructure. For large private properties, such as, shopping centers and industrial sites this stormwater fee line item can be tens of thousands. In some cases hundreds of thousands a year levied on each property. Cities and Towns have few options. Consequently, an incentive is gaining popularity for private property owners who are willing to participate in this U.S. environmental effort. If so, the reward is lowered fees.
SW FeeSaver has SAVED clients Thousands of dollars! How? As a specialized stormwater consultant we have discovered the key component to the majority of public Stormwater Programs is to provide incentive for private property owners to participate in improving their properties Stormwater management systems. Government understands our environment and the value of your property are at stake. They need private participation. By offering an incentive to property owners to take action on qualified parcel reductions on this fee are available through credits, in many cases the savings more than pays for the work to receive the tax credits and if compliant year after year the fee stays substantially lower! A great way to achieve a better cap rate! Yet it requires engineering expertise and can be very complex, that’s why SW FeeSaver is here!
Our number one goal is to receive for our clients the highest possible Stormwater Utility Fee Credit available now and each year after. For that we earn a share in the savings.