You’re on top of things. You know that utility expenses are one of the largest costs in running your multifamily property, with prices that seem to spike at random. You’ve dealt with the challenge by implementing RUBS to allocate utility costs to your residents who, after all, control consumption. You’ve got your expenses under […]
Submeter maintenance means potentially avoiding unnecessary expenses and regulatory headaches.
In Massachusetts, landlords must “retain an affirmative obligation” to maintain submeters and any other water conservation devices. They must also respond in a timely manner if a resident complains about an overcharge, and the resident shall have “all rights and remedies provided under law […]
A casual observer would assume that vendors and contractors sell energy projects to multifamily building owners. In reality, the energy managers and other internal champions connected to those buildings wind up doing most of the selling.
They’re the ones who lobby to gain consensus among their peers in property management, facilities and engineering, persuade […]
A little more than a year into California’s mandate of submetering on all new apartments, water conservation continues to be a hot topic.
Effective Jan. 1, 2018, California SB-7 took effect and dashed the future of master metering. All new apartments are now required to meter individual consumption and provide billing on each unit. […]
eBills are no longer a new idea or technology, and the statistics back it up. Payment processor Fiserv reports that over 50 percent of Americans receive some bills electronically, and 78 percent of households are
receptive to the idea. In fact, the majority of consumers receive at least a mix of paper and paperless […]
U.S. Energy Information Administration Administrator Linda Capuano told the Energy and Water Development Appropriations Subcommittee in the U.S. House of Representatives in February that the U.S. energy industry is in a transformational time. She punctuated that statement by noting that, for the first time in almost 70 years, the U.S. will be exporting more energy […]
Over the last few years, the multifamily industry has been exposed to terms like benchmarking, sustainability and Energy Star Portfolio Manager (ESPM). These terms may be familiar to some with exposure to other markets, but they are alien to many of us in multifamily.
To add more fuel to the fire, several cities, a […]
Today’s apartment owners are tasked with finding digital solutions for more livable communities. It’s a new day and a new experience for resident and owner, alike.
As apartment communities become more intelligent, operations must become more efficient and communities more responsive. From utility billing to maintenance requests to predictive analytics, we’re beginning to see […]
Summer is expected to bring warmer than normal temperatures, some grid vulnerability—and higher prices.
Electricity is unlike any other utility. It cannot be stored and the supply must be exactly matched to the highly variable demand at all times. In 2016, there were 8,084 power plants delivering a total of 4,137.1 terawatt-hours of […]
As IoT devices continue to gain traction with apartment residents, there is a new and growing expectation among renters.
The internet of things (IoT) is defined as an internet where everyday objects have network connectivity that allows them to send and receive data. Connected devices afford residents with lifestyle benefits and convenience, and make […]