Utility Billing

Automate for Increased Cost Recovery

Yardi Utility Billing automates your billing processes for more successful cost recovery and is backed by expert client services, a dedicated regulatory staff, and full submeter data administration. Studies show that recovery of utility costs increases by approximately 20% with convergent billing. Lower utility expenses with a comprehensive utility billing program featuring real-time consumption data, convergent billing with all applicable charges, and smart analytics to help you control costs by monitoring consumption, identifying leaks, notifying responsible parties, detecting invoice errors, and recovering overage charges. With Yardi Utility Billing, you can recover vacant unit costs and receive consumption analytics at the common area and master meter level as well as for individual units. And, it’s all integrated with Yardi Voyager® for full automation.

Add more products from the Yardi® Smart Energy Suite for a comprehensive energy management program, including utility expense management, procurement, sustainability programs, and HVAC optimization.

Yardi Utility Billing

The entire process of meter reading, allocation, billing, and payment is completed within Voyager.

  • Product Highlights

  • Centralize Utility Billing and Improve Collections

    Submeter data is transmitted daily and costs are analyzed and automatically allocated to tenants. Yardi Utility Billing also provides direct tenant billing, and online payment options that increase your operational efficiency, while maximizing cash flow. Monthly statements can be created that combine utility charges with lease charges and other recurring costs. And for residential properties, when a resident moves out, final utility bills are automatically tied into your deposit accounting workflow to ensure collection of any outstanding charges. Vacant unit cost recovery provides timely utility transfers when a resident moves in.

  • Gain Control with Actionable Real-Time Analytics

    Yardi Utility Billing gives you complete control of utility payables. Analytics show average cost and consumption, monthly allocations, and recovery information. Automated daily meter reads provide real-time consumption alerts, with daily monitoring of vacant units to prevent energy waste and theft. Utility invoices can be efficiently processed electronically with an online approval workflow, and timely EFT payments.

Key Features
  • Convergent billing tied into your Voyager move-out workflow
  • Automated meter readings, submeter data analysis, and billing allocation
  • Daily cost and consumption analysis, with monthly reconciliation
  • Analytics using automated meter reads that identify leaks and variances
  • 24/7 live call center to support residents
  • Customer service call details (and recordings by request) logged in Voyager for quality control
  • Vacant unit cost recovery (when you add Yardi Utility Expense Management)
  • Submeter installation and maintenance services to preserve the efficiency of your system
Key Benefits
  • Offers convergent utility billing that can increase collections by 20%
  • Includes daily meter reads with real-time consumption alerts to identify errors and costly leaks that need repair
  • Includes dedicated regulatory staff and service teams to provide support