Let us pay and manage all of your utility bills. Not only that, but we’ll carefully analyze each utility invoice, searching for billing errors and opportunities to save money. We dispute any errors on your behalf, and can even bill your residents for their share of utilities. PayLease manages the entire utility process, leaving you with significant time savings and improved NOI.
Get Control of Your Utility Costs – and Your Bottom Line
Did you know that 38% of utility invoices contain an error?
That’s because our utility experts routinely catch billing errors that go unnoticed by the untrained eye. With our Utility Expense Management solution, you won’t think you’re being billed correctly, you’ll KNOW it. Here’s how else we deliver peace of mind:
When we find an error, we’ll dispute it on your behalf.
We pay each of your utility bills by its due date.
Legal and regulatory support
You’ll always be in compliance with ever-changing regulations.
Utility invoice information populates directly into property management software.
You’ll always have a precise picture of your utility consumption and spend.
We compare your property’s energy consumption to similar properties outside of your portfolio.
Why we Partner with Ecova
PayLease leverages the expertise of Ecova, the leader in energy management and sustainability solutions. Here’s why you’ll be happy to have Ecova in your corner.
Ecova delivers clients an average of 285% ROI.
Trusted by the world’s biggest companies, Ecova processes 1.5 million invoices per month.
Over the past two years, Ecova has saved clients more than $123 million.
Peace of Mind
Ecova’s legal and regulatory support help keep you in compliance.
Vacancy Cost Recovery
How do you take an expense on your P&L and turn it into a revenue stream? With our Vacant Cost Recovery. By tying together your occupancy information and your utility bills, we can catch opportunities to recover un-recouped utility expenses – and even create a revenue stream by charging the resident for their tardiness.
We remove the burden of mail collection and keep track of what invoices have been received, and which are missing.
We remove the burden of paying each individual utility bill by its due date.
We remove the burden of contacting utility providers over missing invoices and billing mistakes.
When you Combine Products You See Bigger Savings
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or give us a call at 866-729-5327.