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Strategy & Auditing

Property Managers Are Not Evaluated on Utility Billing Accuracy. That Is the Problem.

The incentive structure in property management creates a systematic blind spot. A manager who achieves 96% occupancy gets praised.

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Strategy & AuditingMay 26, 2026Michael Steifman, CEO

The incentive structure in property management creates a systematic blind spot. A manager who achieves 96% occupancy gets praised. A manager who allows utility billing errors to accumulate for five years often faces no consequence at all — because no one is focused on that metric.

This is not a problem for people. It is a systems problem. Utility billing accuracy is not in the KPI framework for most property management organizations. It is not part of annual reviews, it is not reported to ownership, and it is not part of the standard operating procedure.

“The incentive structure in property management creates a systematic blind spot. Utility billing accuracy is not in the KPI framework — and the money sits uncollected as a result.”— Michael Steifman, Founder & CEO, UtiliSave®

The result is predictable: errors persist. Incorrect rate classifications stay in place for years. Tax exemptions never get applied. Demand charge methodologies go unquestioned. And the money — which in a portfolio context can reach seven figures — sits uncollected.

UtiliSave operates outside the property management incentive structure. We have no reason to leave errors in place. In fact, our success fee business model incentivizes to leave no stone unturned. That structural independence is part of why we find what internal teams miss.