What California’s SB-7 new law on utility billing and submetering means for multifamily.
SB-7 Updates for Utility Billing and Submetering
Michael Foote, RealPage Regulatory Attorney and RealPage VP of Legal Services Mike Semko talks about a new California law, SB7, that goes into effect in 2018. This law mandates submeters for properties asking for a water connection after January of 2018. That means, if you’re in multifamily construction in California, the utility management aspect of your business might be affected.
RealPage Utility Management Is the industry’s premier provider of nationwide submetering installation and maintenance services. Learn more: Save More. Collect More. Do More. RealPage Utility Management
RealPage Utility Management has the largest team of attorneys specializing in billing and energy management in the apartment industry. In addition to providing clients with new revenue possibilities, RealPage helps protect its clients from the regulatory complexities of utility management.
RealPage is a leading provider of utility management, resident and property operation services that enable multi-housing properties to drive down their costs and create new revenue opportunities. Services include utility expense recovery, energy management, invoice processing automation; online payments and spend management; resident billing and submetering services; and facility management and online supply procurement solutions. RealPage offers regulatory consulting services and multifamily industry benchmarking analytics and extensive reporting technologies, as well as comprehensive services and solutions to optimize back office systems.
Fill out the form below to watch this video
Please complete all fields.