property Management
Utility Cost Reduction
Overview
Property management requires constant balancing of tenant satisfaction, maintenance demands, and rising operating costs. Utility expenses are among the largest and least predictable line items in any property’s budget, and also one of the most commonly overlooked sources of billing errors and overcharges.
At UMS, we help property managers, HOAs, and commercial building operators reduce utility costs through comprehensive utility bill audits and rate analysis. Our process identifies billing errors, uncovers savings opportunities, and optimizes utility rates, without requiring equipment upgrades, operational changes, or any upfront costs.
Whether you manage apartment communities, condominiums, or commercial office buildings, you can continue running your property as usual while our analysts work behind the scenes to lower your utility expenses.
How UMS Helps Property Managers
Utility expenses directly impact property performance and Net Operating Income. UMS provides a simple, risk-free way to improve your bottom line by identifying billing errors and overcharges, optimizing utility rates and riders, reducing monthly utility costs, and recovering refunds from past overpayments.
If no savings are found, there is no charge — ever.
Savings Numbers
| Type | Max Annual Savings | Average Annual Savings | Max Refund | Average Refund |
|---|---|---|---|---|
| Commercial Office | $226,625 | $16,458 | ||
| Residential Community | $17,934 | $11,203 | $71,024 | $71,024 |
Case Studies
Located in Alexandria, Virginia, Park Place Condominium is a 17-story high-rise complex with over 400 units. UMS’ certified
Business Energy Professional Analysts searched for billing errors, overcharges, and ongoing savings opportunities for Park Place. Within a month the audit was complete and the news was great; they were on the correct rate and no errors were found.
Two years later, UMS completed Park Place’s annual audit. Due to rate restructuring and usage changes, this audit revealed that Park Place was now going to save $15,540 annually!
Greenhouse Condominium
Kathryn Hutchison is a long-time client of UMS. When she started her new role as General Manager for Greenhouse Condominium, within six weeks she reached out to UMS to get an analysis started.
UMS was able to uncover over $28,000 in annual savings due to a more cost-effective rate/rider combination. UMS informed Kathryn that they had made several attempts, years prior, to meet with Kathryn’s predecessors and were denied multiple times— costing Greenhouse over $117,000 in savings!
testimonials
