Smart home devices such as smart thermostats, smart lights, and smart locks are highly desired by millennials and other residents but less common in MDU’s. There are several reasons for this, one of which is the operational challenge of managing hundreds or thousands of individual devices across an apartment portfolio. Secondly, community wide internet connectivity is required to operate these devices as a fleet. NEP can solve this challenge and now offers a bundled solution of smart home devices and wifi that is similar to our proven electric distribution system. Based on initial customer discussions we view this as a strategic opportunity to efficiently deploy and manage smart home devices community wide. Our unique solution provides capital, managed services and NOI.

 

These smart solutions include:  

  • Thermostats

  • Door locks

  • Interior lighting

  • Water heaters

  • Outlets

  • Other devices

 

Let’s discuss how we can provide you with a value added smart home device system that drives resident satisfaction and operational excellence.