LOMBARD, Ill., Aug. 16, 2012 /PRNewswire/ -- Multi-Housing News (MHN), an industry-leading national publication for multifamily, has awarded American Utility Management, Inc. (AUM) a 2012 MHN Technology Award for multifamily utility management. The MHN Technology Awards, voted on by industry users, recognizes companies who provide flexible customization, competitive pricing, and the most innovative solutions, all backed by superior customer support.
"AUM is honored to receive this award from Multi-Housing News," says Michael G. Miller, AUM Chief Executive Officer. "Since 1994, our sole focus has been to assist multifamily property owners in managing their energy and utility expenses. We are the only company in multifamily providing full service, turnkey energy management, invoice processing, and resident billing services under one roof. This consolidation allows our customers to save up to 25% on their energy and utility expenses annually. Using tools developed specifically for multifamily, like AUM Score benchmarking and AUM Advanced Analytics business intelligence, we affect properties' Net Operating Income (NOI) every day in a very real way."
The ability to effectively manage utility and energy expenses, the third-largest expenditure for multifamily property owners, is critical to increasing net operating income (NOI), a priority for every property owner. Annually, a 250-unit building can have average gas and electric expenses totaling $200,000.
Founded in 1994, American Utility Management (AUM) provides comprehensive energy services to the multifamily industry. The company prides itself on driving bottom line savings for clients through energy management, invoice processing, and resident services. AUM uses proprietary technology and data to create custom energy solutions that allow multifamily management to lower energy usage and save money. The company distinguishes itself through knowledgeable and experienced professionals who provide all services in-house without outsourcing to other companies. AUM advises management of over 500,000 multifamily units across the U.S. For more information on AUM, please visit www.aum-inc.com or call 800-418-5393.
AUM Company Contact:
Vice President, Marketing
American Utility Management
SOURCE American Utility Management, Inc.