Irvine, Calif.–NWP Services Corporation (NWP), a provider of solutions to lower operating and utility costs for the multifamily housing industry, announced the introduction of Common Area/Vacant Meters Variance Analytics within the company’s UtilitySmart product family. Customers can now analyze more than 100,000 meters and determine consumption, cost and rate variances to prior years and prior months within seconds.
UtilitySmart targets one of the largest property operating expenses: utilities. Owners can control, manage and plan utility spend with greater precision. This cutting edge product delivers over 10 intelligent modules that align to create a suite for the specific location and dynamic of your properties. Modules range from business intelligence to vacant recovery, each delivering a calculated return based on years of performance data.
As part of NWP Service’s UtilitySmart product family, Common Area/Vacant Meter Variance Analytics turns the utility information that portfolios already have into actionable intelligence linked directly to utility management and cost control objectives. NWP’s Common Area/Vacant Meter Variance Analytics module provides real-time data and analytics through 24-hour monitoring and real-time notification.