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Enerwise offers new technology to measure energy. (Technology Update).


Enerwise Global Technologies, a leader in enterprise energy management, announced it has added an enhanced version of its Utility Allocation The apportionment or designation of an item for a specific purpose or to a particular place.

In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as
 offering to its suite of products and services. The value-added service A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  offers tenants and landlords an accurate and defensible de·fen·si·ble  
adj.
Capable of being defended, protected, or justified: defensible arguments.



de·fen
 means for both measuring tenant and common area energy consumption and allocating costs based on the appropriate utility rate. Utility Allocation combines actual usage data with the applicable utility tariff tariff, tax on imported and, more rarely, exported goods. It is also called a customs duty. Tariffs may be distinguished from other taxes in that their predominant purpose is not financial but economic—not to increase a nation's revenue but to protect domestic  to enhance accuracy and ensure fairness in landlord-tenant energy billing. The enhanced version is more quickly deployed than previous releases, which allows both landlords and tenants to achieve economic benefit more swiftly.

To recover the energy costs spent on their properties, landlords must collect information, calculate usage and generate invoices. Enerwise's Utility Allocation product reduces the administrative burden of this process by reading and recording meter meter, unit of measure
meter, abbr. m, fundamental unit of length in the metric system. The meter was originally defined as 1/10,000,000 of the distance between the equator and either pole; however, the original survey was inaccurate and the meter was later
 data and later calculating and preparing a file that can be easily integrated into billing systems.

Utility Allocation benefits tenants by providing revenue-accurate metering and electronically gathering detailed energy usage information thereby eliminating the potential for billing inaccuracies associated with cost allocation estimates based on energy usage parameters such as square footage
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Title Annotation:Utility Allocation
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 14, 2002
Words:187
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