BACKGROUND
The management team for a national apartment REIT employed Utility Revenue Services to review their utility reimbursement practices for their West Coast portfolio. The portfolio consisted of communities representing approximately 8,800 apartment units. Our client was using four different sub-metering companies for this portfolio.
Utility Revenue Services was engaged by a leading luxury resort company to provide energy procurement services and to design and execute an LED retrofit solution for a hotel property.
URS conducted an RFP process and negotiated and secured a customized gas contract that resulted in the reduction of gas expenses by 35% in peak months and approximately $50K annually. The LED retrofit solution resulted in an improvement in lighting efficiency of 83% overall.
Utility Revenue Services (URS) was engaged by a leading multifamily development company to manage and streamline the development process with regard to utilities for its national portfolio of 50+ assets in development.
