Power utility management encompasses the financial, environmental, and operational aspects of a shared property. By effectively managing utilities, particularly power, a scheme can be sustainable and profitable. Utility management involves monitoring energy consumption, optimising usage, controlling costs, and ensuring a reliable supply of electricity. Understanding and managing power utilities is crucial for several reasons; InPower Management, a power utility in the Western Cape, manages the energy usage and consumption of commercial, residential, and Sectional Title Schemes.
How Power Utility Management works
InPower Management specialists assess key energy optimisation strategies in order to better manage your electricity and save you money. This includes, cost management, budget planning, maintenance, and upgrades, as well as communication with residents and legal compliance within the sectional title scheme. The cost of basic utilities like energy and water can be a significant expense for any shared property. For Trustees, it is important to have a firm understanding of billing structures and ways in which utility costs can be reduced. Managing shared property utilities effectively means costs can be reduced and resources can be allocated more efficiently.
InPower Management is able to advise on energy optimisation, maintenance, and any upgrades required. Knowing how power utilities are managed assists in prioritising necessary improvements to ensure safety and reliability.
With the national tariff increase now in full effect, it affects electricity, water, sewage, and domestic effluent. The increase, coupled with inflation and loadshedding, may result in overspending for a body corporate, commercial building, or industrial park. Monitoring energy consumption, optimising usage, controlling costs, and ensuring a reliable supply of electricity are the foundations for building and sustaining a property’s utilities. Furthermore, by optimising energy utilities, properties are able to remain compliant with the City’s bylaws. Optimising utilities, particularly power, and implementing energy-saving measures not only reduces costs but also contributes to a greener and more sustainable shared community.