Logic behind utility cost savings
01 August 2015
Logic Utilities has been offering tailored solutions to residential and commercial developments in the UAE to bring down their energy bills by as much as 20 cent, says the market-leading energy management consultancy.
Through turnkey management solutions, the company assists real estate owners, developers and owners associations to manage the billing and receivables for chilled energy utilities used by their tenants and residents.
“The solutions created and managed by Logic Utilities are bespoke for each development, ensuring more accurate, reliable, efficient and professional management of chilled utility services for all parties,” says a company spokesman.
The result, he says, is cost-saving and efficiency for owners and developers, as well as clarity, empowerment, accuracy and fair billing for tenants and residents.
“An understanding of billing and responsibility for their expenses has also led to an increase in conservation efforts by tenants, resulting in the reduction of overall utility bills and a 15 to 20 per cent drop in many of the properties’ overall cooled energy consumption,” adds the spokesman.
Logic Utilities services a wide range of clients across Dubai. At the Jumeirah Lake Towers, it delivers ongoing maintenance service and has developed efficient billing and collection services by providing a ‘green bill’ invoice delivered via email to tenants.
For the Dubai Sports City, it has been offering billing services since 2009, allowing the owners association to recover the majority of its monthly energy expenses.
Logic Utilities has also been contracted to service numerous commercial and residential towers in the Dubai Marina area; while at Dubai International Financial City (DIFC), it is serving several residential towers located in the heart of the district. The company has at DIFC been able to reduce costs in a number of buildings by up to 20 per cent, adding value for clients and reducing the properties’ environmental impact, says the spokesman.
And at Sheikh Zayed Road, Logic Utilities provides billing and collections services to several towers in the area.
Logic Utilities’ project portfolio continues to grow, with the company also servicing residential, commercial and retail properties in Downtown Dubai, Jebel Ali and The Palm Jumeirah.
Logic Utilities is one of the first specialists in the UAE to offer a complete turnkey solution and service for the management of chilled energy supply for owners and end -users, with a long-term vision to contribute to the responsible management of energy resources through innovative products.
It claims to be the number one provider of billing and collections services for chilled energy in the region, as developers of a state-of-the-art custom software for energy management services, setting the standard in online bill payment and account management at a time when only government utility providers were capable of offering such services.
Logic Utilities enables customers to monitor and pay for the chilled energy services they receive in their offices or residences through BTU (British thermal units) meter installation, including working with existing systems within buildings that have the infrastructure in place, but lack the necessary software.
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