COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Owners and property managers who operate multifamily complexes with central heating systems can expect to see their natural gas, oil, or steam charges increase sharply as the heating season begins. Although the technology has been around for more than twenty years, many owners are unaware that central heating systems can be affordably metered, and tenants billed for their share of the overall gas cost. As a result, owners will pay more money for heating fuel during the winter months than they need to. American Conservation & Billing Solutions, Inc. (AmCoBi) has just announced a new service that combines: - Heat metering for central systems: baseboard radiation, fan coils, or furnaces - Resident utility billing: performed on a monthly basis - UtilityHawk: real-time monitoring to identify maintenance issues and improve energy efficiency. This service enables owners to shift the tenant portion of the gas bill back to tenants, insulate their balance sheets from rising utility price costs, and quickly increase net operating income (NOI). Not only does heat metering benefit owners, it offers a more equitable way to bill residents for utilities, and tenants benefit financially when they conserve.
