Sustainability Services | Utility Revenue Services

Latest News:

URS completes three LED lighting projects for Highmark Residential in the Denver, Colorado market.

URS retained by RREEF to audit their recent 8 community acquisition.

JPI retains URS for 3 more development projects in Southern California.

URS retained by Second Wave for development projects in Florida and Tennessee.

URS completes LED lighting project at Little Rock military base-reduces military housing electric costs by approximately 40%

Bainbridge Companies retains URS for 6 Florida development projects.

Mesirow Financial retains URS to perform its utility audit service for its multi-family portfolio.

URS completes 125th development project for Wood Partners.

SUSTAINABILITY SERVICES (LED LIGHTING AND WATER CONSERVATION)

For clients looking to reduce lighting electric and water costs, URS offers a “one stop shop” whereby URS handles the entire LED lighting and/or water conservation project from assessment, product procurement, installation, rebates, and post-install warranty issues.

LED LIGHTING SERVICES

URS specializes in LED lighting retrofits for the multiple-family sector (market rate, student housing, affordable, military housing, etc.).
Due to our relationships with leading LED manufacturers URS offers property owners the best products, at the most competitive pricing, with comprehensive warranties.
URS has national LED lighting installation teams, so property owners only deal with one point of contact for every project.
URS negotiates and secures LED lighting rebates for property owners.
URS offers financing programs including URS’ “Lighting as a Service Offering” where the entire LED lighting project expense is paid from future lighting savings, thereby eliminating any up-front cash outlay.
Typical energy savings range from 60-80% on LED retrofits and ROIs of less than 1.5 years when implemented as capital projects.
URS is your independent LED lighting expert, providing a turnkey solution from design, product selection, logistics and fulfillment, through project completion.
URS provides the highest level of customer satisfaction and support throughout the warranty period.

WATER CONSERVATION SERVICES

Likewise, URS provides full turnkey retrofits nationally with water retrofit projects.
On average, our results reduce water consumption from toilets and sinks by 30-50%.
URS supports its clients during acquisitions, refinancing (in particular to meet Freddie Mac and Fannie Mae green loan requirements), repositioning, renovations and overall capital improvements.
Efficient replacement of toilets (versus retrofit) with new, leading low flow toilets and installation of new, leading showerheads as well as aerators in bathroom and kitchen sinks.
Typically complete 60-70 units per day with an average project completed in less than 2 weeks.
Utilize a cloud-based tracking system for management to monitor daily progress.

Satisfied Clients Saving Money

URS’ audit of 132 properties in our multifamily portfolio increased our annual utility NOI by over $2.6 million and resolved 81 legal compliance issues. URS is a valued partner that we are pleased to include in our standard transition process as our portfolio grows.

Meredith Wright, President, Mission Rock Residential
"We began working with URS to identify opportunities to increase our utility billbacks. For our Southern California portfolio, URS analyzed 4,265 units and increased our bottom line RUBS billing by over $400,000 annually. URS was easy to work with and facilitated the billing changes with our 3rd party utility vendor to optimize our utility reimbursements without any major disruptions to our residents."

Anna Cheng Kramer, Managing Director, Pacific Urban Residential
"URS' consulting and auditing has created nearly $2,000,000 annually for our portfolio of just over 14,000 units. The savings continued when we switched to their monthly monitoring service, with which we realized savings of $2,000 in billing errors within just one month. This is a company who truly understands flexibility and customer service. We are committed to creating value for our clients, and URS has helped us fulfill that commitment."

Deb Maietta, Senior Vice-President, Multi-Family Property Management, SARES-REGIS Group
"URS saved our properties over $200,000 in utility opportunities the first year we implemented their recommendations. This was a meaningful expense reduction benefit that helped increase the value of our assets. We were very pleased with their results."

Kim Small, Senior Vice President, Director of National Operations, The Morgan Group
"URS provides a specialized and unique service that has added several million dollars of value to our portfolio. URS reviewed the utility billing practices of our third party billing vendor, adding about $200,000 annually to our bottom line and correcting a number of compliance issues. They come from and understand our industry and deliver tangible results."

David Birnbaum, Managing Director, Griffis Group of Companies
We came across Utility Revenue Services, while seeking a utility consultant. After checking their references, which were glowing, we engaged them to evaluate our portfolio. They have been instrumental in improving our RUBS collections, and identifying RUBS billing practices that exposed us to a potential class action lawsuit. Every member of their team is a pleasure to work with, they epitomize "customer service," and most importantly, they have contributed to improving the bottom line of many of our properties. I would encourage anyone who wants to improve their utility NOI to contact them."

John Gleason, Managing Director of Asset Management, Security Properties
"URS performed a number of services for us. Their utility audit of our billing vendor and our billing practices significantly increased our utility NOI. Their utility audit report was thorough and easy to read. What was most helpful to us was URS' report included a comprehensive legal analysis of what we could or could not do from a billing standpoint in every jurisdiction where we had a community. Without hesitation, I would recommend URS to anyone who reallocates utility expenses to their residents."

Kim Kurz, Director of Special Projects, YES! Communities
"Our management company partners always told us that they had a pretty good handle on our utility reallocation program. But after retaining Utility Revenue Services on a recommendation, I was stunned to see how much money we were leaving on the table. URS audited the billing practices of our third party billing vendors for quite a few of our 50 communities. Immediately, they were able to identify missed revenue opportunities even beyond simple billing adjustments. In a short period of time, URS' service increased our utility net operating income and increased the value of our assets. I wish I had run into them years earlier!"

Steve Radcliffe, Managing Director of Asset Services, McDowell Properties
"Utility Revenue Services provided our firm with much needed assistance identifying new and increased revenue from our resident utility billing. URS was comprehensive in their efforts and their knowledge of the various states regulations was critical. The value this firm added to our properties was immediately evident as our revenues increased and our residents remained satisfied. I would recommend URS to other property owners."

Linda Kaboth, Vice-President of Operations, GF Real Estate Group

Select Clients