Solutions

Expense Management

Synergy tracks, analyzes, budgets, and pays your utility expenses–on time and hassle free.

The Conservice Difference

Our utility expense management software does more than just pay bills on time. Powered by our proprietary software platform, Synergy, our expense management solution also ensures accuracy, resolves errors, identifies trends, delivers insights, provides budgeting tools, and much more.

$

$20,555,264,750

Paid to providers

The Benefits

With Synergy You Can:

Keep costs to a minimum
Keep costs to a minimum

Keep costs to a minimum

Overcharges, late fees, and missed savings opportunities can drive up costs unnecessarily. With Conservice on the case, you’re assured of paying only what you truly owe and not a penny more.

Make better-informed decisions
Make better-informed decisions

Make better-informed decisions

We give you a deeper, more comprehensive understanding of your utility expenses so you can better plan your budget and take actions to save energy and money.

Offload unproductive tasks
Offload unproductive tasks

Offload unproductive tasks

The administrative chores of utility expense management software can consume lots of precious time and resources. We take on all of those tasks, from chasing down missing invoices to vacant recovery, so your team can focus on more productive work.

Gain increased visibility
Gain increased visibility

Gain increased visibility

No matter how big your portfolio of properties is, we enable you to spot and keep tabs on utility usage, savings opportunities, sustainability efforts, and emerging trends at all times.

By The Numbers

Turn Hidden Utility Costs
Into Recovered Revenue

Missed billing during move-ins, move-outs, and vacancy periods quietly drains NOI. Conservice identifies and recovers those hidden utility costs so you’re not absorbing charges that should be billed.

See how much multifamily portfolios are recovering in hidden utility costs state by state with our interactive map*:

Click on a state to uncover possible savings

2025 Total Vacant Recovery Savings
$
AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC
$942
$15,035,613

Capabilities

Obtain, Process, Audit, & Pay

With Synergy, we obtain, process, audit, and pay all of your provider invoices. Optional services deliver incremental value through additional auditing, analytics, and customization. Here’s what’s included with Synergy:

  • Utility invoice retrieval
  • Missing utility invoice retrieval
  • 99.5% processing accuracy rate
  • 120% no late fee guarantee
  • No disconnects
  • Real-time expense and usage alerts
expense-recovery-capabilities

Enhanced Options

Get More Out Of Synergy

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Energy Analytics

  • Benchmarking compliance support
  • Generate reports for government and lender green loans
  • Upload to ENERGY STAR Portfolio Manager
  • Track capital improvements
expense-management-enhanced-solution-rate-tax-auditing

Rate & Tax Auditing

  • Identify sales tax-exempt utility accounts
  • Reduce tax bills by up to 6%
  • Get guaranteed best error-free rates available
  • Review rate and tariff schedules
  • Rates monitored on an annual basis
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Custom Budgeting

  • Obtain accurate, custom utility budgets
  • Receive rate change forecasts
  • Get spend alerts and updates
  • Benefit from future expense plans
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Waste Management

  • Secure the best waste hauling rates
  • Identify waste inefficiencies
  • Get cost-saving recommendations
  • Waste contracts digitally stored and managed
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Owner Conversion

  • Update name and Tax ID with provider for new acquisitions
  • Completion of provider applications
  • Gather utility deposit requirements
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New Construction Development

  • Utility expense management during construction and through the transition to operations
  • Fast and seamless account transitions after turns
  • Money-saving recommendations
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Sustainability & Compliance

  • Sustainability Solutions (S2): Measure, benchmark, and leverage your portfolio’s sustainability data
  • Waste Management: Hand off waste-related operations, leverage cost-saving recommendations, and secure the best waste hauling rates for your business.
  • Building Performance Standards (BPS): Stay ahead of emerging regulations, visualize your portfolio’s exposure, and build a plan to remain in compliance.
  • Energy Procurement: Achieve cheaper utility rates, lower fees, and enjoy proactive energy rate auditing in deregulated markets.

People Who Appreciate Our People

  • If you don't have the right people, you don't have the trust. And I would say Conservice has the right people. You have experts. You have individuals who are willing to help.

    Michelle Betchner Cowan, Greystar

    Managing Director, National Client Services

  • The customer service Conservice offers to our residents is unparalleled. I really appreciate their knowledge, their consistency; I would say they are best in business.

    Amy Fylling, Advanced Management Company

    Community Director

  • The thing that we really liked about Conservice was they had a detailed process on how to handle transitions... I see Conservice as our energy management partner.

    Barney Pullman, Inland Residential

    SVP, Strategic Business Services

  • It’s the customer service and the response time that they provide to our residents and to our teams. I really just couldn’t ask for a better partnership.

    Brenda Gammie, Avanti Residential

    Executive Vice President

  • I’ve worked with utility management providers and I can say that Conservice has been the best that I’ve dealt with and worked with as a business partner.

    Cameron Shelton, CenterSpace

    Regional Director

  • Conservice has made life easier in two ways, one being data tracking and housing... Everything begins with data.

    Cass McFadden, Bozzuto

    VP of Sustainability

  • We work with Conservice because it gives us a complete solution. From invoice processing, recovery, and capture of ESG data.

    Chris Laughman, Greystar

    Sr. Director of Energy & Sustainability

  • Over the years as I’ve moved companies I’ve also brought Conservice with me wherever we can because the team is so great. It’s so consistent, the level of service is just top notch.

    Courtney Sendzimer, Peak Properties

    Director of Technology

  • Conservice has become an invaluable part of our operations... We’re always looking for ways to expand our relationship with Conservice.

    Chris Rodriguez, Richman Property Services

    Vice President

  • A relationship with Conservice allows us to solve really complicated business, and provides a partnership and regulatory advice for us across the spectrum of utility billing.

    Gino Ferro, Bridge Investment Group

    Director of Procurement

  • We started with Conservice in 2019 with an acquisition of 19 properties. We’ve rolled it out to over 70 at this point. And partnering with Conservice has allowed me to have the flexibility I need.

    Justin Mens, Morgan Properties

    Director of Energy Services

  • By partnering with Conservice, my team is able to work closely with our account manager, who is amazing at collaborating with our team.

    Kristen Dale, RPM Living

    Director of Utilities

  • By partnering with Conservice, my team is able to work closely with our account manager, who is amazing at collaborating with our team.

    Nicole Mandarino, Asset Living

    VP, Corporate Operations

  • We love working with Conservice because they truly are the experts in billing and allow us to do our jobs and keep our focus while leaning on them for expertise and guidance.

    Rachel Kulber, Equity Residential

    Sr. Project Manager

  • From an operator, when we’re running into due diligence, acquiring a new property or looking at expense control, they are always willing and able to provide us with services that we need.

    Gina Fortune-Harmon, The Habitat Company

    Vice President of Market Rates

  • There’s an enormous amount of work that goes into capturing those and I’m really proud, after working with Conservice, that we’re able to deliver those results.

    Thomas Stanchak, Stoneweg

    Director of Sustainability

Markets We Serve

Whatever community you manage or property you own, our utility management experts can save you time, money, and resources.

Experience Effortless Utility Management and Cost Savings

Connect with us today to discover how our solutions can ease tenant billback, streamline utility management, and reduce your costs and energy usage. Make your utility management smarter and more efficient with Conservice!