PR Log - Mar 26, 2012 - Utility Consultants & Associates, a Predominant Usage Study engineering firm is pleased to announce the opening of the Houston office. According to Phillip Adams, EVP of Utility Consultants, " Our customers in the Southeast Texas area need us closer"
Predominant Use Studies as set forth by Texas Administrative Tax Code 3.295 give manufacturing and multi-family businesses tax exempt status on gas and electric utilities. If a Predominant Use Study performed by a degreed engineer determines 50% or more of the utility is used in a non-taxable manner a tax exemption certification and a copy of the study are submitted to the utility provider eliminating the state sales tax, lowering the utility bill 6.25%. Additionally, Texas Administrative tax code 3.295 allows qualified businesses to obtain up to a 48 month refund of overpaid sales tax.
According to Thomas Blankenship, President of Utility Consultants & Associates, “We’ve performed Predominant Use Studies in Southeast Texas for many years. Harris county and the surrounding area continues to expand its manufacturing base so we want to be close to our customer’s to serve them. This expansion will strengthen those relationships. For example, Utility Consultants became a member of the Houston Apartment Association and we look forward to supporting the owners and managers of multi-family properties in this region."
"As a corporate citizen we will maintain the highest level of integrity in performing Predominant Use Studies, add headcount to our branch and support the Southeast Texas manufacturing and multi-family community with studies that have a positive impact on their bottom line."
About Utility Consultants & Associates
Headquartered in Dallas Texas, Utility Consultants & Associates staff of electrical engineers has maintained a single focus of performing Predominant Usage Studies since 1987. We maintain a close relationship with the State of Texas Comptrollers office and the utility companies. Our goal is to write every study in such a manner that it will stand up to the Comptrollers' auditors in the event it falls under review and we will defend our studies at our cost.
Read Full Story - Utility Consultants & Associates Expands Into Houston | More news from this source
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Predominant Use Studies as set forth by Texas Administrative Tax Code 3.295 give manufacturing and multi-family businesses tax exempt status on gas and electric utilities. If a Predominant Use Study performed by a degreed engineer determines 50% or more of the utility is used in a non-taxable manner a tax exemption certification and a copy of the study are submitted to the utility provider eliminating the state sales tax, lowering the utility bill 6.25%. Additionally, Texas Administrative tax code 3.295 allows qualified businesses to obtain up to a 48 month refund of overpaid sales tax.
According to Thomas Blankenship, President of Utility Consultants & Associates, “We’ve performed Predominant Use Studies in Southeast Texas for many years. Harris county and the surrounding area continues to expand its manufacturing base so we want to be close to our customer’s to serve them. This expansion will strengthen those relationships. For example, Utility Consultants became a member of the Houston Apartment Association and we look forward to supporting the owners and managers of multi-family properties in this region."
"As a corporate citizen we will maintain the highest level of integrity in performing Predominant Use Studies, add headcount to our branch and support the Southeast Texas manufacturing and multi-family community with studies that have a positive impact on their bottom line."
About Utility Consultants & Associates
Headquartered in Dallas Texas, Utility Consultants & Associates staff of electrical engineers has maintained a single focus of performing Predominant Usage Studies since 1987. We maintain a close relationship with the State of Texas Comptrollers office and the utility companies. Our goal is to write every study in such a manner that it will stand up to the Comptrollers' auditors in the event it falls under review and we will defend our studies at our cost.
Read Full Story - Utility Consultants & Associates Expands Into Houston | More news from this source
Press release distribution by PRLog
