Increasing energy costs are frequently the largest variable expense for commercial, industrial, institutional and multi-family facilities. The installation of sub-meters provides a variety of benefits to the Developer/Owner Association as well as the Residents. Although a capital investment is required, your return will be guaranteed from savings resulted from the system.
Aquacool provides billing charges based on actual meter readings for specific energy usage, instead of estimating or including energy costs in leases. The analyzed date is processed into a smart billing engine, where our finance team examines the information prior generating an invoice. Allowing you to save time and reduce the errors associated with manually reading and entering usage data.
With our detailed and accurate bills, residents have higher visibility into charges and fewer questions. Aquacool can extend the service to collection of payment on behalf of the developer/owners association.
Our billing module enables Developers/Owners Association to achieve a collection rate of 95-98%, significantly higher than the industry average rate of 85%.
Pay Bills Online
Our WEB portal allows our customers to interface with the billing system provider. All customers have the ability to pay online, view their invoices, see updates of their accounts etc. freeing them up from routine payment hassles and allowing them to pay literally from anywhere in the world. Furthermore, this option is also better for the environment and more cost-effective. Meaning, bills get delivered to residents faster which can result in quicker collections for you.