NES runs utility cost recovery, billing residents for the utilities they use so you stop absorbing them, for REITs, real estate funds, and large operators. One team handles the rollout, the billing, the compliance, and the reporting across every property and every state you own in.
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REITs, private-equity real estate, and large operators have different needs than a single property. They need recovery they can underwrite, compliance handled across every state at once, and clean data flowing into the systems they already report on. That is the account NES is built to run, and our largest clients bill hundreds of thousands of units a month.
NES charges a flat per-unit rate, not a cut of what we recover. Your asset team can underwrite the NOI lift on an acquisition and budget it the same way every quarter, with no percentage clawing back the recovery you worked for.
You get a named relationship manager, an operations lead, and a support contact for the whole portfolio. They know your assets, your management system, and your reporting calendar, so nobody is re-explaining the account on every call.
A national portfolio touches dozens of utility commissions and disclosure rules. NES tracks all of them in-house and owns the rate filings, lease language, and audit archives, so you are not stitching together a different local consultant in every state.
Billing posts straight into Yardi, RealPage, MRI, ResMan, and AppFolio. Portfolio-level exports feed asset management, ESG and water-conservation reporting, and investor updates, so the numbers your team reports come from one source.
Water use fell 36% once residents were billed for their own consumption. The average cost per unit dropped from $84.72 a month to $54.22, saving roughly 2,000 gallons per unit. Figures from NES property records; client name withheld at their request.
Water and sewer ran $120,000 a year on the master meter. After submetering, the park's own cost dropped to $6,600 and it gained more than $113,000 in annual revenue. Figures from NES property records; client name withheld at their request.