Don’t think you have a utility theft problem?
The hidden drag on your bottom line may surprise you.

Your properties may be at risk
How are you ensuring that your company doesn’t get stuck with residents’ power bills?

• Using a cost recovery system? No matter which method you use, it takes 60-90 days to identify a violation and start recovery efforts. An independent study shows that the typical 300-unit community incurs an annual average cost of $67 per unit in electricity expenses. Preventing this loss increases the property’s valuation by $330,000 at today’s 6% cap rate. With CSA Secure, you can protect your assets with a safety net that enhances your recovery efforts and limits your utility losses to days instead of months. 

• Turning meters off and on when residents change? Besides the cost of each utility service call, there are the hidden costs of administrative time, delays in getting power turned on and inconvenience to new residents. Lack of power creates additional problems: difficulty of getting units ready to show, high heat and humidity, stress on refrigerators, and mold and mildew growth. With CSA Secure®, you can leave the power on AND avoid paying for residents’ electrical service.

• Requiring new residents to bring a receipt from the power company? This labor-intensive measure requires too much follow-up by busy property managers and is typically not well enforced. This substantial avoidable expense may be hampering your cash flow. CSA Secure provides a fast, automated process that minimizes utility theft without burdening your on-site staff.

CSASecure ® is a whole new approach to managing this problem using a unique proprietary and patent pending process. Destined to become the standard in the industry, this new solution can boost your property’s cash flow, NOI and, ultimately, the property’s valuation.