Real Estate Sector
Digitalising tenant utilities management for 16 properties
Overview
SP Group (SP) had partnered with a major multinational real estate and property management company to deploy SP Digital’s Green Energy Tech (GET™) solutions to its properties in Singapore.
The customer’s portfolio is a mix of 16 commercial and retail properties in Singapore with a variety of tenants and their specific needs. Manual meter readings and billings were time consuming and prone to error, giving rise to possible revenue leakage.
Business Needs
- Improve cost efficiency and advance sustainability collectively with tenants
- Outsource meter reading and tenant billing to a reliable partner for operational efficiency
Our Solution
Leveraging data insights to manage tenant utilities
- Installed more than 2,000 smart, revenue-grade electricity meters in 16 commercial and retail properties
- Deployed GET™ Insights and GET™ TenantCare to monitor and analyse utilities usage while managing tenants effectively with accurate meter readings and streamlined billing.
- Outsourced tenant billing service to SP Digital
Results Or Impact
Smart meters, smart management
- 100% replacement of tenants’ electricity meters, making it a standardised advanced metering infrastructure across all properties
- Accurate utilities data for billing purposes, with smart meters eliminating the need for manual meter readings
- Gain energy consumption insights and tips to improve energy efficiency and advance sustainability efforts collectively with tenants
Success Stories
Read more about our Green Energy Tech success stories here
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