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Yardi Corom
Did you know that over the next decade, the U.S. population aged 70 and older will increase by 15 million? According to a 2025 report released by PwC and the Urban Land Institute, “This supply-demand tension sets up an environment ripe for innovation and strategic positioning for the next chapter of senior housing development.”
As the 70+ population continues to grow, and the number of residents in senior living communities increase, energy consumption will be one of many issues for operators. This applies to both the construction of new buildings and the upkeep of existing ones.
Energy is an area where innovation can help. Without technology built to monitor energy consumption and identify areas for improvement, senior living operators face heightened costs.
Fortunately, solutions like the Yardi Energy Suite equip you to reduce costs, enhance efficiency and comply with energy benchmarking regulations.
The rise of energy consumption
The average building wastes roughly one-third of the energy it consumes, according to the United States Environmental Protection Agency. This could be a result of not having the right solution in place to track consumption and identify savings opportunities.
Energy matters in senior living in this time of growth. But monitoring consumption and strategizing ways to save energy and money isn’t easy without technology to help.
How to save
With the right solution, you can boost efficiency and save money while meeting state, county and local benchmarking regulations for your communities, and there are about 50 jurisdictions with mandatory energy benchmarking and transparency policies for existing buildings.
Imagine the impact if you could monitor consumption, improve utility billing, identify conservation opportunities and measure results.
But which tech solution is right for you?
Achieve more with the Yardi Energy Suite
Let’s take a look at the Energy Suite. Our full-service utility management solution is built into Yardi Voyager Senior Housing, integrated with the Yardi Senior Living Suite and backed by 24/7 live customer service. Ready to streamline operations, improve cost recovery and more? With the Energy Suite for senior living, you’re set to:
- Maximize efficiency: Manage your portfolio’s utility spend from a single interactive platform
- Reduce costs: Save money on late fees with faster processing and online approval workflows
- Save time: Replace time-consuming manual tasks with automated billing processes
Tools united on a single platform
Curious about exactly what you get with the Energy Suite? Our senior living solution offers utility invoice processing, utility billing and sustainability services — all united on a single platform to maximize efficiency at the highest level. We help you reach your potential by putting you in the best position to innovate and lead on energy sustainability.
Navigating energy for senior living together
Want more information on the Yardi Energy Suite for senior living? Let’s schedule a time to meet.
