Utility Expense Management
One-bill convenience for your residents. One powerful platform for your business. Uncover hidden revenue, boost collection rates, and increase NOI with the industry’s most advanced utility billing services platform.
Save More. Collect More. Do More.
Year after year, property managers, owners and operators tell us that our Utility Management software solution saves them money, time, and effort. Our best-in-class multifamily utility billing and expense management system creates a single, detailed, monthly resident bill, quickly and accurately. By combining and itemizing charges into one bill, you can increase collections up to 3% per unit*, and make paying more convenient for residents. Our daily vacant cost recovery service monitors your utilities, unit by unit, day by day, while uncovering new ways to recover time and money. It’s all about reducing energy spending and consumption. And keeping your business ahead of the game.
The Benefits Add Up.
MULTIPLE PAYMENT OPTIONS
Provide residents with an easy way to view their current charges, and pay rent and utilities online. Our platform supports all major payment options.
VACANT COST RECOVERY
Stop paying for utilities you’re not using. Our daily vacant cost recovery service helps remove costly errors and improves your bottom line.
Bill utility charges to residents based on actual consumption. It’s just good customer service and it makes good business sense.
Reduce the cost of your staff time opening mail, copying, scanning—all the things that can be automated—to save a bundle.
View comprehensive, detailed reports on how your properties are using energy to make more informed, proactive decisions.
Our very own compliance team reviews your billing program during implementation and monitors existing regulations to keep you informed, and up to date.
Comprehensive Utility Submetering for Your Properties
Whether you’re looking to install a new system or retrofit an existing system, you can rely on the RealPage Utility Management team to handle your water, electricity, and gas submetering. We use only code-compliant equipment, and provide a variety of solutions—from end-to-end installation to ongoing maintenance and service—so you can choose the service that best suits your needs and budget.
“This year alone our RealPage Account Manager made billing change recommendations that could result in an expense recovery increase of $95,000.”
Director of IT, Advenir
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*According to a RealPage Velocity Utility Management study