Utility Billing Advantages

Apartment owners nationwide are continually faced with the soaring increase of utility expenses and it is projected that utility rates will continue to increase for years to come. Apartment renters are faced with constant rental increases to compensate for their owners ever growing utility expenses, in an already rent competitive market.

The Solution?

Recover your utility expenses with Accurate Utility Management

If you are considering implementing a resident utility billing program, take a look at the immediate results you will achieve!

Increased Property Value

• Your property’s bottom line takes a big hit when it comes to your ever increasing utility expenses. Utility reimbursement payments from your residents will increase your NOI which increases your property value. Maintain your property value by residents notifying your apartment management immediately about broken pipes or leaks!

Keep Rents Competitive

• Take the pressure off of having to increase rents every time your utility rates increase. Studies have shown the number one search criteria for a prospective renter is RENT! If you use a third party utility billing service to recover utility expenses, you are able to keep rent separate from your resident’s utility costs. Your base rent will remain competitive in your rental market when a prospective resident is searching for the rent they budgeted for!

Lower Expenses

• Let ’s face it, apartment owners are always looking for ways to lower expenses. People use less of what they are in control of and know they must pay. This conservation effort on their part will result in lower utility bills at your property. Reduced water usage then lessens the burden of local water and wastewater infrastructure expansion expenses which will typically increase your local utility rates!

Property Operations

• You have enough to worry about! Let Accurate Utility Management take the frustration out of on site utility billing! Hiring an experienced third party utility billing service is a big selling point to your residents that you are taking care of business and leaving it to the professionals!

Conservation

• The EPA has stated “Water efficiency is one of the four pillars of our strategy to make the nation’s water infrastructure sustainable. We have seen that consumers use less water if they are billed not on just a flat rate but on what they actually use. Americans can save substantial amounts of water through water efficiency programs – helping to make them aware of how much water they are using, as well as its cost, is one of the steps to conserve water and produce environmental benefits.” (G.Tracy Mehan III, EPA’s Assistant Administrator for Water.)