Advances in metering technology have made it possible to convert retail properties to an individually submetered program. However, budget constraints can sometimes make a submetering plan too costly to implement. This leaves the property’s management team with no other solution, but to allocate water/sewer costs through CAM or other challenging or outdated methods. More and more tenants are resisting or protesting such forms of allocation while property managers struggle with accurate reconciliation and billing.
AW Services Group performs a unit-by-unit analysis on each retail property’s tenant profile. This information is entered into our extensive billing history database (over 10 years of monitoring and billing retail tenants nationwide) to identify individual consumption profiles. Our process provides the most accurate billing summary next to a complete submetering program. The actual property utility bill is then proportionately distributed to each tenant, based upon the results of our trend analysis formula.
Included in TABS is AW Services Group’ premier billing service which includes reconciling the monthly water/sewer bill, generating and mailing tenants bills, collecting funds and reimbursing the owner (owner continues to pay master meter bill), providing ongoing customer service support to tenants and providing management reports to the owner designate.
Looking for a cost effective alternative to submetering that equitably bills tenants based on consumption vs. square footage? AW Services Group’s estimated billing service TABS is used by various owners including RPAI, Equity One, DLC Management, RED Development, The Shopping Center Group and others. Read More»
We have been very pleased with both the savings realized by the use of AW Services Group sub-metering systems and with the lightened workload on our property managers not having to read meters and reconcile against utility bills on a monthly basis. Read More»
We have been utilizing American Water & Energy Savers’ TABS system for over a year. This system helps us direct-bill shopping center tenants where there are no separate water sub meters to calculate the exact usage of each occupant. Read More»
We have used AW Services Group at several of our Dallas/Forth Worth properties for a number of years Read More»
I would highly recommend them, as my recovery for water alone at one center has gone from 10% to 80%. Read More»
I have been extremely happy with AW Services Group since I first started working with Michael in early 2007. Read More»
"In 2008, we purchased a property that was a water hog using over 2 million gallons a month. With the city of Atlanta having one of the most expensive water rates in the country and with more increases to come, we had to do something. AW Services Group came in, identified the problem, and offered a cost effective solution to reduce our monthly water bill. Since the installation, we have saved over 4.3 million gallons of water and approximately $72k in the first three months. At this rate, our payback will be less than 12 months! Because of the success of this one property, AW Services Group in now looking at all of our properties in Atlanta."
Josh Tucker
Financial Analyst
Westdale Asset Management Read More»
"Working with AW Services Group has been an extreme pleasure. From start to finish of the project, it was seamless and smooth. I would recommend anyone to use AW Services Group to improve their property and reduce their utility costs."
Adam Geller
Principal
Geller Associates Read More»
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AW Services Group
4431 North Dixie Highway
Boca Raton, Fl 33431
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