“We are delighted to be named a Technology Choice Award recipient by MHN readers and our customers this year in the Utility Management category,” said Michael Radice, CEO and president of NWP. “We see great promise in many multifamily markets with regard to rising rents. The challenge, however, is that energy prices and the cost of financing has risen as well, even outpacing gains in a number of those same markets. This means that owners and operators must become even more diligent in reducing expenses, improving cash flow and increasing Funds from Operation, and it starts with good business intelligence. At the most basic level, effective managers need an accurate picture of where they stand on utility costs and consumption, within their portfolio and against other communities in similar markets. Solid intelligence allows accurate property benchmarking and forecasting, and a springboard into improvements that will drive revenue. I know of only one utility management product in multifamily that does this: UtilitySmart,”
UtilitySmart optimizes utility spend and encompasses ten intelligent modules from which to choose. Modules target operational improvements for a calculated return. After capturing a community’s costs and consumption data, a UtilitySmart plan is devised specifically for the communities’
In recent news, NWP announced it was the first utility management provider in its sector to become an ENERGY STAR Certified Partner. Through an automated interface with ENERGY STAR’s Portfolio Manager, NWP enables property managers to benchmark a building’s energy efficiency to meet coming state and local mandates and further maximize the benefit of energy-efficient standards for residents, owners, lenders and investors.
Learn more about NWP’s nationally recognized and award-winning UtilitySmart solution for multifamily housing owners and operators:
• Play video http://www.impactmovie.com/
• Watch the interview http://www.beutilitysmart.com/
• Read more online http://www.mynwpsc.com/
Multi-Housing News, a national publication reaching over 100,000 readers each month, provides multifamily executives and industry professionals with the most current and complete news, information and analysis to help them run more efficient and profitable businesses. Winners of the publication’
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NWP provides smart solutions to lower operating and utility costs for the multifamily housing industry. NWP is a recognized leader in service quality for resident billing, resident payment processing, submetering, utility management and MRO services.