STORE BILLING AND MONITORING

Billing your stores for usage is imperative in keeping both your and your tenants’ costs down. Many landlords state that a store cannot afford to pay for the water. Our answer: if you don’t bill the stores for their water usage, they will use significantly more water at your expense. Other clients indicate that they simply pass the charges along from the DEP (where direct sub-meters still exist); however by doing so you are now relying on the DEP to issue proper water bills. Remember, the deed holder is ultimately responsible to pay all DEP charges. Our minimal service charges eliminate all of these situations. We provide store billing services for over 4,500 buildings and landlords.These buildings represent over 10,000 stores. NYWM inspects and provides sub-meter bills for clients on a monthly or quarterly basis so that the water charges can be added to the stores’ rent bill. This helps landlords get compensated properly based on actual tenant usage and helps stores control their costs. NYWM’s client portal gives you access to view current and historical tenants’ bills at your convenience.