Whether you own a multifamily apartment complex, an industrial warehouse, a climate controlled self storage facility, a healthcare facility, a retail strip center, or a large commercial NNN property, electricity bill is one of your biggest monthly OPEX items.

This electricity expense is only going to go up YOY due to: rise in demand, global warming, severe weather patterns, etc.

This demand / supply equation leads to rising costs, shrinking Net Operating Income (NOI), and inability of asset managers to plan effectively.

Even long term energy contracts provide limited relief and do not include distribution and administration charges, which are generally proportional to the usage and add to the electric bills on top of the contracted rates.