SOURCE: NWP Services Corporation

NWP Services Corporation

July 28, 2011 16:00 ET

NWP Services Corporation Completes Sierra Utility Billing Services Transition

IRVINE, CA--(Marketwire - Jul 28, 2011) - NWP Services Corporation (NWP), a leading provider of smart solutions to lower operating and utility costs for the multifamily housing industry, today announced it has successfully completed the transition of Sierra Utility Billing Services (Sierra) customers to its billing platform, NWP 11.0. This transition was completed on schedule following the acquisition of the company.

"With the delivery of high quality billing, electronic rent payment, and utility management services, we look forward to enhancing and contributing to the financial success of our new customers," stated Howard Behr, vice president of Business Development & Submetering Services Group at NWP. "The acquisition further enabled our regional service model, particularly in Texas with the significant expansion of our service and submetering center in Austin, to assist customers in maximizing the full potential of their chosen NWP programs," added Behr.

On September 27, 2010, NWP acquired the assets of Sierra, an Austin, Texas-based provider of utility and specialty billing services, including energy management and meter installation and maintenance, to apartment communities across the U.S. The company has now successfully completed its second acquisition and customer transition during the last 14 months.

"NWP's customer service has proven exceptional during the transition from Sierra to NWP. Our account representative worked closely with our corporate office and onsite staff to handle any concerns promptly and professionally. NWP's website is user friendly and provides a good selection of management reports," said Jane Ort Rogers, vice president of Benson Investments, Inc.

"We are pleased with the on-time completion of this transition which continues to demonstrate NWP's ability to efficiently implement significant new volumes of communities on to our platform in a short timeframe," said Vaughn Chase, vice president of Operations at NWP. "Over the next several months, we will continue to analyze program performance of our new customers, make recommendations as appropriate to optimize their service, and provide additional services to further lower their operating and utility costs," added Chase.

About NWP Services Corporation:
Headquartered in Irvine, California, NWP Services Corporation (NWP) provides smart solutions to lower operating and utility costs for the multifamily industry including resident billing, resident payment, utility management and MRO. Resident billing helps owners recover utility expenses with options including convergent billing with Resident OneBill. NWP's Resident ePay service allows residents to pay rent, utilities and other charges online or in person with funds transferred to the bank electronically. NWP's utility management product, UtilitySmart, helps owners and operators optimize utility spend and MRO Manager lowers operating costs and improves service increasing in Funds from Operations (FFO), Net Operating Income (NOI), resident satisfaction, and the asset value of multifamily properties. Additional information is available at www.nwpsc.com.

Contact Information

  • Contact for NWP Services Corporation:
    David Collins
    949-253-2589
    Email Contact