Case Study: Greystar boosts submeter health and utility recovery with RealPage submeter maintenance

The Value of Maintaining Submeter Health

Greystar, a global leader in rental housing, partnered with RealPage to address the challenge of poor submeter health, which was limiting their recovery of utility expenses from residents. Their goal was to proactively maintain these systems to recover thousands of dollars in annual operating costs across their property portfolio.

RealPage implemented its submeter maintenance services, utilizing its large team of field technicians and experts to dramatically improve meter performance. For two example properties, meter health increased from 18% to 95% and from 69% to 90%, resulting in a combined annual recovery lift of $56,000 and an increased asset value of nearly $935,000. RealPage's solution, driven by experienced personnel, delivered significant and measurable financial returns for the customer.

Greystar

Vicki Parrish

Greystar