RentBureau Launches UtilityView: Helping Energy Companies Better Identify New Business Opportunities Within Apartment Industry
Product launch follows successful beta test with natural gas provider Gas South
ATLANTA, March 29 /PRNewswire/ -- RentBureau, the rental data-based consumer reporting agency and data solutions company serving multiple industries, today announced the launch of UtilityView, a first-of-its-kind reporting product providing energy companies with critical multifamily housing data to maximize the returns on their bids.
UtilityView provides utility companies a comprehensive view of profit potential of individual apartment communities or property management companies overseeing multiple properties. UtilityView reports address occupancy rate, resident risk, payment behavior, apartment turnover and demographics - key markers that utility companies can use to decide which communities are best to target for new business. Additionally, utility companies can use this data to support the risk basis of their pricing.
"Energy marketers are increasing their focus on the multifamily housing industry in an effort to increase revenue. Until now, their bid preparation was partially a guessing game because there was no readily available data to help them determine the long-term opportunity for new customers within an apartment community," said Eric Hartz, RentBureau president and CEO. "UtilityView presents an innovative solution by giving utility companies a valuable snapshot of apartment communities and their potential profitability. Our rich multifamily industry data made this product a natural step for us into the utility industry."
Atlanta-based Gas South, Georgia's fastest-growing natural gas marketer, partnered with RentBureau to test the UtilityView beta. Gas South has been utilizing UtilityView for 2 months and has elected to purchase the reporting tool now that it has launched publicly.
"UtilityView provides information that is important to us as marketers," said Kevin Greiner, CEO of Gas South. "It provides valuable data about the potential value of apartment communities we want to approach, so we are able to minimize our risk while also expanding the number of communities we are able to serve."
RentBureau, which grew to prominence as the rental data-based credit bureau serving the multifamily industry, now provides multiple industries with more complete risk decisioning, data technology and solutions to manage or profit from data assets. RentBureau's core decisioning was built on a proprietary database of alternative data - rental history information - accessing millions of consumers through a sophisticated data platform.
RentBureau's proprietary database collects key data from apartment communities around the country every 24 hours, making the UtilityView reports highly accurate. UtilityView is now available in many major metro areas and offers hard copy or electronic reporting. For more information visit http://www.rentbureau.com/dsi/utility_view
About RentBureau
RentBureau specializes in data-driven decisioning solutions that provide better results and brighter futures. RentBureau's solutions address the two main pain points of data management seen by businesses worldwide: capturing diverse internal and external data sets and monetizing them through tools and algorithms to make specific decisions. RentBureau, a global data leader and credit bureau system developer, helps businesses accomplish these tasks with cutting-edge systems architecture and rapid deployment.
RentBureau, which grew to prominence in the multifamily industry, now provides multiple industries with more complete risk decisioning, data technology and solutions to manage or profit from data assets. RentBureau's core decisioning was built on a proprietary database of alternative data - rental history information - accessing millions of consumers through a sophisticated data platform. For more information visit www.rentbureau.com.
About Gas South
Gas South is one of Georgia's largest and fastest growing natural gas suppliers, serving 250,000 residential, business and governmental customers across the state. Based in Atlanta, Gas South is locally owned and operated, with all customer service provided through Georgia-based call centers. Gas South strives to help their customers get comfortable every day with clear prices, great rates and outstanding service.
Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Eric Hartz
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=88109
SOURCE RentBureau
Share this article