NWP Services Corp. Announces Agreement With BluTrend to Offer CSASecure
- Apr 17, 2009
Irvine, Calif.–NWP Services Corp. (NWP) has signed an agreement with BluTrend LLC to offer the CSASecure service to NWP’s utility billing clients in Texas and Georgia.“CSASecure extends our processing capabilities to prevent occurrences of utility theft by apartment residents and expedites recovery of all costs for our clients’ multifamily communities that would otherwise be lost,” says Michael Radice, president and CEO of NWP Services Corp.While NWP currently offers utility theft recovery services nation-wide as part of its UtilityPay Manager product, the company will also provide the CSASecure service in the deregulated electric and natural gas utility markets of Texas and Georgia. This will broaden the ability to identify residents who violate their lease agreements by switching utility service back to the property’s name at any time prior to their move-out date. The automated system uses electronic data exchange technologies to compare data provided by the property owner with utility transactional data to continuously monitor resident utility accounts, ensuring they are activated and maintained as required by the resident’s leasing agreement. An added benefit, utility theft violations are detected in as little as 24 hours and the system automatically notifies the resident and the property staff to take action; the system then generates a bill which is mailed to the resident so the property owner can recover the utility cost.“Utility theft is a serious threat to the financial well-being of apartment communities; the longer the time lag, the less likely property owners will recover losses from utility theft violations,” adds Jim Charles, senior vice president of product management and engineering at NWP. “This is especially true when a resident moves out, where the utility bill for the vacant unit typically arrives after the resident’s security deposit has been returned, greatly reducing the potential for recovery. With our existing processes coupled with CSASecure we offer a total solution to our clients in Texas and Georgia,” says Charles.