Property Management Companies Overseeing Residential Living

Reduce Electric, Water/Sewer & Gas Costs

Approximately 63% of all residential rental property owners use property management companies to oversee their investments. Many of these properties are in multi-unit buildings where utility costs for common areas are the responsibility of the property owner. SM Engineering works with property management companies to analyze utility spend and ensure that owners are paying the most economical rates.  

Residential Property Management in the U.S. 

Over 30% of the United States population rent a home, and tenants increasingly look for safe multi-housing living communities with plenty of amenities and minimal upkeep. Some of the top states for residential property management include Minnesota, Wisconsin, and New York. However, rental trends are rising in almost every state. 

In a residential living facility, there are several items and systems that contribute to the bulk of the utility consumption.  These are typically the most energy-intensive or resource-demanding aspects of the property. Here’s a breakdown of the biggest utility-consuming items:

• Heating, Ventilation, and Air Conditioning (HVAC) Systems
• Lighting (common areas, stairwells, parking garages, building exterior, etc)
• Laundry Machines 
• Appliances (stoves/ovens, dishwashers, refrigerators, water heaters) 
• Pools and Hot Tubs (if applicable) 

With SM Engineering’s professional utility auditing, rate analysis, and cost-saving recommendations property management companies and owners can reduce energy costs and improve profits.

Improve Your Bottom Line

Have you chosen the best utility service to keep from overpaying? SM Engineering offers a complimentary professional utility rate analysis to help you save more and spend less. It all begins with providing us with a copy of your current monthly utility bill. Our experienced team will then guide you through a three-step process to minimize your utility costs and recover any overpayments.

1. Utility Bill Analysis – examining for rate opportunities, missed credits, overcharges
2. Enter into a Contingency Agreement – no upfront fees, just sharing in real savings achieved 
3. Implementing Savings Recommendations – SME handles the paperwork, legwork, and prepares reports to reconcile our findings 

Our recommendations are intended solely to assist you in reducing costs and do not involve any sales of equipment or requests for operational changes.

• Find the best utility rates 
• Get refunds for overcharges 
• Enjoy monitoring for continued savings

Why Trust SM Engineering? 

At SM Engineering, we have been a leading engineering consulting firm for over 45 years. Our primary focus is on helping businesses, both small and large, from various industries lower their utility expenses. Our dedicated team works to minimize electric, natural gas, and water/sewer costs.

Get a Free Review of Your Electric, Natural Gas, and Water/Sewer Bills

How do you ensure you choose the right utility rate and not overpay for your expenses? Contact SM Engineering Company for a complimentary professional utility rate analysis. It all begins with providing us with a copy of your current monthly utility bill. Our team will get back to you within 48 hours with the results and our recommendations on how to proceed. 

Our recommendations are intended solely to assist you in reducing costs and do not involve any sales of equipment or requests for operational changes. 

Is your residential property management business looking to reduce utility costs? Our team is committed to helping businesses identify billing discrepancies, secure refunds, and lower yearly utility expenses. This opportunity comes with no obligation and has the potential for significant savings. Get in touch with us today to find out more and arrange a complimentary review.