RealPage energy experts use industry-leading data analytics to help you maximize energy and water efficiency and reduce expense.
Energy Procurement Services
Energy-based procurement services help you to take advantage of potential cost savings and risk management opportunities in deregulated markets throughout the U.S.
ENERGY COMMODITY PROCUREMENT
These services reduce energy spending and manage the risks of the energy markets. We solicit multiple bids from vetted suppliers, review proposals, and negotiate terms for natural gas, electric and heating fuel procurement contracts to fit your strategy. RealPage assists in executing new contracts as well as managing contract renewals.
INTERRUPTIBLE NATURAL GAS MANAGEMENT
In some large metropolitan areas, natural gas utilities offer rate incentives to facilities with heating oil storage if they temporarily switch from natural gas to heating oil. This allows the utility to manage fuel usage during high demand periods. RealPage provides guidance, incentive negotiation, and fuel-switch notifications to help you capitalize on available rate incentives.
CONTINUOUS SERVICE AGREEMENTS
CSAs reduce vacant expense once a resident moves out by automatically transferring electric or natural gas service into the community’s name under a pre-negotiated supply rate. RealPage evaluates and negotiates CSAs where available.
RESIDENT REFERRAL PROGRAM
Resident referral programs pay your property a fee each time a resident signs up with a preferred electric or gas supplier. RealPage helps you choose the optimal contract terms and secure the referral fees.
Energy and Water Conservation
Save up to 30% on energy and water usage with RealPage on-site audits and capital improvement projects. Raise property values and pass on the savings to residents to increase satisfaction and marketability.
ON-SITE ENERGY AUDITS
These audits help you understand the energy efficiency and related expense of potential or existing assets. We conduct a thorough on-site inspection of all energy-related procedures and equipment. This includes mechanical, lighting, plumbing and operational systems, along with a building envelope audit to identify potential costs savings and improved energy efficiency.
Our conservation program will identify electric, gas and water savings opportunities for your properties, and provide you with an end-to-end solution to help manage project completion. We’ll develop project proposals, manage the projects on your behalf and measure actual usage savings after project completion.
As your energy conservation partner, RealPage will:
historical energy and water usage and compare against benchmarks to identify properties with the greatest opportunities.
on-site audits to identify retrofit and replacement opportunities including lighting, boilers, plumbing fixtures, temperature controls, pools and irrigation.
conservation project proposals including costs, savings and ROIs.
retrofit and replacement project implementation, including contractor management.
ongoing usage data and provide reports with actual usage savings and ROI post-project completion.
Rate and Tax Assurance
RealPage helps ensure that you are being charged the correct rates for your energy services. We analyze historical utility consumption and cost data to identify anomalies and rate savings opportunities. Get peace of mind knowing your properties are on the right rates.
Roughly 70% of all properties located in states where multifamily utility usage is exempt from state sales tax are billed incorrectly. We identify tax issues, work with the provider to correct the billing, and follow up to ensure you receive your refunds.
RATE AND TARIFF ANALYSIS
RealPage analyzes your properties’ rates for all water, gas and electric commodities. We evaluate the unit cost, and compare each utility account against tariff rates to identify potential issues. As needed, RealPage contacts your utility or state agency to correct rates and billing errors.
RealPage helps you stay in compliance with mandated energy benchmarking through EPA’s Energy Star Portfolio Manager. Many large cities have adopted energy benchmarking ordinances, which require commercial and multifamily building owners to report whole building energy and water usage through Energy Star Portfolio Manager. RealPage helps properties like yours comply with mandated benchmarking requirements. We’ll set up your properties in Portfolio Manager including your property characteristics. We will also gather, validate and upload the energy and water usage data needed to ensure compliance with all filing requirements.
For a list of utility benchmarking and compliance resources: https://www.realpage.com/utility-benchmark/
Reduce Costs through Energy Management Essentials
Join Dimitris Kapsis and Dave Carpenter as they share their insights gained from years of experience helping multifamily clients reduce their energy and water consumption and spending.
This 35 minute webcast will help you learn what the essentials of energy management for multifamily companies are and how you can ensure yours doesn’t fail. Find out how to leverage utility data to help you use less energy and pay less for what you use.
Energy Benchmarking Compliance
More and more cities and states are requiring multifamily properties to use Energy Star Portfolio Manager for whole building energy usage reporting to drive reductions in energy consumption. Green Lending programs are also requiring usage of benchmarking data. Hosts Dimitris Kapsis and Bob Ricobene will shed light on the complexities of these reporting requirements and explain where, when and how to get in compliance.
Stay Informed: Utility Management Software and Services Videos
Learn More: Utility Management Solutions Include
RESIDENT UTILITY BILLING
Resident Billing delivers full service billing, payments and reporting.
Submetering allows RealPage to allocate utility costs to residents based on actual consumption.
Energy Management helps you use less energy and pay less for what you use