Banyan Utility, formerly known as Multifamily Utility Company, specializes in providing comprehensive utility management and billing solutions for multifamily property owners. The company aims to encourage conservation, recover utility expenses, reduce operating costs, and help properties maintain a low carbon footprint. Banyan Utility serves a variety of property types including multifamily units, student housing, new constructions, manufactured housing, single-family build-to-rent, condominiums, commercial properties, and marinas. The company's services encompass collections, convergent billing, energy audits, energy procurement, metered electric car charging, meter maintenance, and the installation and management of submetering systems. Banyan Utility's innovative programs, such as smart thermostats and solar financing, help property owners manage energy costs more effectively. Additionally, the utility benchmarking, expense management, invoice auditing, rate and tariff analysis, and vacant cost recovery services ensure optimized utility expenditure and regulatory compliance. Banyan Utility prides itself on offering zero capital investment options, personalized utility programs, and exceptional customer service, all contributing to increased net operating income and enhanced property values for its clients. Dedicated to sustainability, Banyan Utility fosters a greener environment while delivering financial benefits to property owners.
