Most property managers are laser-focused on occupancy, rent growth, and expense control.
But there is one category quietly draining NOI year after year: utilities.
Not because rates are high. Not because residents are using too much water.
Because the billing strategy is either missing, manual, or mismanaged.
If you manage multifamily properties, here are five common ways revenue slips through the cracks and what those missed dollars can actually cost you over five years.
👉 Download the full 2026 Utility Outlook to see how your markets are trending
