“I wanted to send a note to say how much Capital Partners appreciates both the expertise and service we have received from P&L Associates.
P&L Associates is the “easy” button for Capital Partners by providing accurate and professional reporting and billing we send to our tenants.
The expense of installing separate meters for spaces Capital Partners manages would be costly and timely. P&L Associates alleviates these issues by reading the submeters, reviewing the utility bills, and splitting our tenants’ costs.
In addition to the above, P&L Associates assists Capital Partners in the following areas:
- The report creates diagrams of meters and the spaces the meters serve. This report has been beneficial after a new building acquisition.
- Utility usage tracking for gas, water, and electricity. Most municipalities require utility tracking, and no one calculates or understands this process better than P&L Associates.
- The reports P&L Associates create are ideal for sharing with our tenants for auditing and internal use for budgeting and operating expense reconciliation.
- Assistance in utility excess use tracking for tenants that vary outside the normal usage range.
In summary, P&L Associates’ deep understanding of the utility companies and what drives usages and expenses, coupled with their excellent customer service, has been a critical asset to Capital Partners.”
Ron Patzer, CFO
