Proper management of water, electric and gas for your community can simultaneously promote conservation, reduce annual expenses and increase your property value. Do you pay for your resident’s utility expenses? Is energy de-regulated in your state? Do you know the state regulations regarding utility billing programs for your community? What is your community’s recovery rate? Do you or your management audit your municipal bills? Do you track market rates for energy commodities to reduce your bills? This overview will discuss changing regulations affecting utility cost recovery, staff education about billing programs, appropriate language, integrations with management software, and emerging technologies to help capture leakage as well as usage.
Utilities are a very hot topic, as they are typically the #1 or #2 highest line item expense for community owners and typically the owners have little control over this item. Our educational piece will discuss changing regulations, emerging technologies and best practices in the industry.
