I received a financial analysis of undergrounding from a Realtor in Manhattan Beach just hours after I published my Undergrounding ROI article. I had not heard of him before I received his email, which was forwarded to me by a mutual acquaintance. Bob Sievers, the author of the email, holds a degree from USC in …
A Third Party Evaluation of the Value Proposition of Undergrounding Read More »
Summary: The increase in property value due to undergrounding utility cables far exceeds the cost, even for those whose oceanward view is not impacted. For property owners whose private connections are already underground the ROI is even greater. There is no need to pay upfront. Cost-benefit discussions surrounding moving utility cables underground are complex, but …
Undergrounding Utility Cables Increases Property Values Read More »
It has been a couple weeks since I sent out undergrounding interest letters to owners of property in the Bayview Pier-16th St. District. Since then 11 of the 55 letters (representing 57 properties) have been signed and returned. To motivate the city to ask SCE to prepare a cost estimate, 60% of the 55 owners …
Undergrounding Update: Numbers, and Request for Assistance Read More »
Moving utility cables underground is a long and costly process. The cost varies depending on many factors. However, the benefits of a more beautiful neighborhood may be worth it. Hopefully this site can facilitate undergrounding discussions and decisions of property owners and residents. In order for you to discuss and vote on these projects, and …