Yardi Energy Solutions

Utility Billing

Yardi Energy Solutionsis a utility billing service that fully integrates submetered and ratio utility billing with Yardi Voyager, so you can eliminate third-party interfaces and work more efficiently. Convergent bills are auto-generated and sent to residents by mail or email, and can be paid online (ACH or credit card) via Yardi Portal. Utility analytics give owners and managers complete control of utility payables by detecting errors, identifying leaks, notifying responsible parties of trouble areas, and promptly recovering overage charges.

Energy Management

Yardi Energy Solutions includes vacant unit cost recovery and management, invoice processing, consumption analytics, and energy procurement. Daily monitoring of vacant unit consumption can reduce energy waste, utility theft, and unnecessary costs. Utility invoices can be processed electronically with an online approval workflow. Approved invoices are paid on time, via EFT or check. Common area and master meter consumption analytics capture monthly consumption data as utility invoices are processed. For submetered systems, Yardi Energy Solutions provides daily individual unit consumption data.

Meter Installation and Maintenance

Yardi offers a turnkey submetering solution, and guarantees a professional installation by knowledgeable, experienced technicians. We have the expertise to install systems for water, electricity, gas, and heating and cooling systems. All installations are overseen and coordinated by a project manager. Full time in-house service technicians are located across the US, and full-service maintenance programs are available.

Key Features

  • Built directly into Voyager, with no need for data transfer
  • Convergent billing ensures timely payments
  • Electronic invoice processing with online approvals
  • Daily meter reads with real-time consumption alerts
  • Daily consumption reporting by unit type
  • Seamless move-out and final bill process
  • Leak detection and variance alerts
  • Accurate budgeting and forecasting of utility costs
  • Monthly reconciliation with master meter charges to optimize cost recovery
  • Comprehensive real-time utility analytics
  • Rate and tariff audits
  • Dedicated regulatory staff and service teams
  • Live 24-hour call center support

Optimize Utility Management with Voyager Integration

Convergent Billing
Since Yardi Energy Solutions is fully integrated with your Voyager property management system, convergent bills can be auto-generated and made available to residents by mail, email, or via Yardi Portal for payment online by ACH or credit card.

Tie-Out Between Utility Invoicing and GL Budget
Because Yardi Energy Solutions is fully integrated with the Yardi Voyager system, you can configure Yardi Voyager to alert you with a pending over-budget notification based on real-time accounts payable activity. This integration also allows for more effective and accurate budget and forecast projections looking forward.

Utility Payables and Resident VCR Attachments
With Yardi Energy Solutions, utility payables and VCR charges are created within your database as part of the service. Vendor invoices are attached to the payable and (if applicable) to the VCR transaction for your reference.

Utility Billing Analytics
Utility billing analytical reports are available to you directly within your Yardi Voyager database. Reports showing average cost and consumption over a period of time, monthly allocations both at a detailed and high level, consumption, and recovery information can all be accessed at any time. Drill-down capabilities allow you to navigate to details within your database.

Integrated Move Out Estimator
After a resident has been put on notice or moved out, the Utility Billing Move Out Estimator Function can be used to calculate and post charges for the period between the last utility billing cycle and the date of move out. After the charges have been posted, correspondence management can be used to produce a bill on the spot.

Real-Time Consumption and Projection Data
With Yardi Energy Solutions, both property staff and residents have access to real-time consumption data. At any time, your staff can log into Yardi Voyager to run usage reports by resident, property, or portfolio. Residents can log into the resident portal and view their actual utility consumption for the month as well as their projected consumption for that billing period based on their previous consumption behavior, allowing them to monitor their usage and budget for bills in advance.

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