Accurate recharging of tenants for their electricity, water or gas usage can be a crucial in protecting a landlords’ margins. LGE provides comprehensive tenant recharging services which include:
Rate Setting
- Ensuring costs are fairly and proportionally distributed to customers based on consumption and asset usage
- Setting customer rates based on incoming charges along with operational costs and profit margin
- Transparent rate calculations set competitively through benchmarking against comparable sites
- Ensuring costs are fully passed through to the customer
- Ensuring profit margin splits over commodity, distribution and other non-commodity costs
Billing
- Produced by a date mutually agreed between LGE and the client, or within 10 working days of receiving the meter readings
- Ability to accept a wide variety of inputs for meter readings including half-hourly data, manual reads, area and sub-metering
- Ability to produce clear, concise and transparent invoicing that can be easily understood by the customer
Reporting
- Ability to provide cost projection reports by date agreed based on set rates and volume forecasts
- Ability to provide monthly statements using set rates versus actual consumption that is billed
- Ability to compare actual revenue to forecasted amounts and end of year revenue versus cost projection report
For more information on how we can assist with tenant recharging speak to your account manager today or contact us at info@lgegroup.com.