The Largest and Most Trusted Provider of Utility Allowance Studies Nationwide
(Serving the Following States)
What We Do
If your building is a HUD-financed or LIHTC property, you may be eligible for savings in the tens of thousands of dollars. If you believe the utility allowance established by the Public Housing Authority (PHA) for your apartments is overstated, we can help quantify potential savings by conducting an engineering-based utility allowance analysis tailored to your property.
Hedgerow is committed to affordability, compliance, and the long-term sustainability of the communities we serve.
Our role is not limited to compliance; it is stewardship. We understand that behind every calculation, report, and recommendation are households relying on stable, affordable housing. Our process reflects that understanding. We approach each engagement with rigor, integrity, and a sensitivity to the real-world impact of our work on both residents and ownership.
In the News
March 6, 2026: How Global Energy Events Could Affect Utility Costs in the U.S.
Over the past several weeks, rising tensions and conflict involving Iran have pushed global oil prices higher. Not even a month, ago Brent Crude was trading in the $60/barrel range while now it is above $100. While most people immediately think about gasoline prices when oil rises, the effects often extend further particularly into electricity and natural gas markets that ultimately influence residential utility costs across the United States. Continue reading here.
I wanted to share an audit we recently completed for a national client of ours. Hedgerow’s Energy Consumption Modeling (ECM) based utility allowance analyses generated potentially an estimated $3,921,112 in additional net revenue across their Low Income Housing Tax Credit (LIHTC) portfolio for CY 2025. This analysis assumes properties were near maximum allowable rents and able to realize rent increases enabled by ECM-derived allowances in lieu of Public Housing Authority (PHA) schedules. The results demonstrate a material, repeatable financial benefit that compounds as this company continues to acquire new assets. Continue reading here.
Delaware’s affordable housing landscape continues to gain momentum, supported by expanding activity through the Low Income Housing Tax Credit (LIHTC) program and by sustained population growth driven by the state’s favorable tax climate. With more individuals and families relocating to Delaware for its lower tax burden, no sales tax, low property taxes, and proximity to major East Coast job markets, demand for high quality, affordable housing continues to rise across all counties. Continue reading here.
In the complex world of affordable housing finance, few details have a more subtle yet powerful effect on project economics than utility allowances. The recent Tax Credit Tuesday discussion between Michael Novogradac and Thomas Stagg, CPAs at Novogradac & Company, highlighted this often-overlooked dynamic, showing how changes in utility costs can erode net rental income even when rent floors appear to provide stability. Continue Reading here.
What Are Energy Futures? They are contracts that indicate where wholesale electricity and natural gas prices are expected to be in the months ahead. By monitoring these trends, you can forecast whether rates are likely to rise or fall and plan your utility allowances accordingly. Continue reading here.
Recent Work
Let’s Work Together
We’re always looking for new opportunities. Please reach out and we would be happy to give you a good idea of potential savings at no charge for your building by simply providing us some information.