Utility Collection Services in Maryland
For owners of rental and investment properties, managing utility services like natural gas, electricity, water, and garbage collection can be a tedious and time-consuming process. While many property owners may choose to have tenants pay for their own utilities like electricity and natural gas, it may not be possible or convenient to have them pay for all services, such as water usage in multi-family dwellings that lack sub-metering. In other cases, market forces or convenience may make providing utilities for tenants the better option, billing each based on usage or by including a flat-rate fee with the monthly rental charge.
In either scenario, managing the services not handled by the tenant will be the responsibility of the property owner, including coordinating with service providers, billing the tenants for usage, and collecting payments. When multiple rental units or properties are involved, as well as multiple service providers, this can be an overwhelming, complicated job, and many property owners do not have the desire or the time to do it successfully and cost-effectively.
Utility Management & Collection
At Tidewater Property Management, we can help. We have over 29 years of professional property management experience, which gives us the skills necessary to effectively manage the utility services at your rental or investment properties. We can handle everything from working with local service providers to billing tenants and collecting payments. We serve clients throughout Maryland, and we provide a full selection of property management services, from maintenance and repairs to marketing, tenant relations, and more. We can coordinate with service providers and provide complete billing and collection services for utilities such as:
- Natural gas service
- Garbage collection
- Snow removal
- And more!
Whether you use a flat-fee system, include utilities as part of the rental fee, or use usage-based billing systems like sub-metering or ratio utility bill back systems (RUBS), we make the process of billing for and collecting utility payments easy for both you and your tenants. Our experts will manage every step of the process, increasing your profitability while minimizing losses and ensuring compliance with all local, state, and federal regulations.
Contact us today for more information about our utility management and collection services!
Why Choose Tidewater for Utility Collections in Maryland?
With our extensive experience, Tidewater Property Management can help your business to:
- Manage utility costs and prevent losses
- Prevent problems that can occur due to utility disruptions
- Provide fair and equitable billing for tenants
- Make it easy for tenants to pay utility bills
- Improve collection percentages and minimize non-payment
- Increase profitability
To learn more about the benefits of choosing our utility collection services, contact us today!
Call Today for Utility Collection Services in MD
Whether you own a few single-family homes, have multiple apartments, or manage a large condominium building, our team at Tidewater Property Management can help to make the process of billing for and collecting utility payments simple and convenient.