Apex Billing Solutions

What Apex Billing Solutions does

Apex Billing Solutions is a privately held utility billing and submetering services company headquartered in Columbus, Georgia, that has operated since approximately 2004. The company provides utilities billing, submetering system installation, vacant cost recovery, and invoice analytics to property owners and managers of multi-unit residential and commercial communities across the United States, including apartments, condominiums, student housing, commercial properties, and homeowner associations. Its core platform combines monitored utility submetering technology with electronic data transmission, a Ratio Utility Billing (RUBs) allocation system, and a web-based invoice management application (APEXadvantage) integrated with ENERGY STAR benchmarking, supported by a multi-step error checking process.

The company operates a modular product portfolio: Apex Billing (the core utility billing program covering water, sewer, gas, and electric), Apex Advantage (invoice management and analytics), Apex Vacant (vacant cost recovery), Apex Equipment (submeter installation and consulting via in-house licensed plumbers and general contractors), and Ancillary Services (cable, internet, and waste management billing). Apex is founder-owned (President Curt Thompson), self-funded with no external investment, and operates on a performance-based fee structure under which it is paid only when tenant collections succeed, achieving self-reported collection rates of 98% or higher. Go-to-market is direct sales-led, targeting property managers nationwide via a small sales team, the company website, content marketing, and customer testimonials.

Name

Apex Billing Solutions

Legal name

Apex Billing Solutions

Website

https://apex-billing.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Apex Billing Solutions is a privately held, founder-owned US firm that provides utility billing, submeter installation, vacant cost recovery, and invoice analytics services to property managers of multi-unit residential communities, operating on a performance-based fee structure.

Ownership category

akta.pro rank

Product category

Utility Billing Services

NAICS

Services to Buildings and Dwellings (5617), Collection Agencies (561440)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Submetering & Multi-Unit Property Billing (MUDs, submeters, RUBS, landlord/tenant billing) (EUANAIAK)

akta.pro secondary industries

Utility & Municipal Billing Platforms (FSAMAJAG), Prepay Metering & Customer Payment Solutions (EUADAFAL)

Keywords

• Utility billing services
• Submeter installation
• Submetering consulting
• Utility cost recovery
• Ratio utility billing

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Utility Billing Services: Monthly billing fee charged to tenants on their utility bills. The company receives reimbursement payments twice per month as residents pay their bills. Performance-based structure where fees are only collected if payments are successfully collected.
2. Submeter Installation Services: Consulting and installation services for water, gas, or electric submetering systems including system design, regulatory compliance consultation, and maintenance/repair support.
3. Ancillary Billing Services: Billing for additional services provided to residents including cable, internet, and waste management. These are billed directly to residents through Apex's service, generating additional revenue for property owners.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Apex Billing Solutions provides utility billing, submetering, and consulting services for multi-unit residential and commercial properties. The company installs and monitors water, gas, and electric submeters, allocates utility costs to residents via submetering or RUBS, processes tenant billing and collections, audits municipal utility bills, and offers ancillary billing for cable, internet, and waste management. Service is delivered on a performance-based fee structure, supported by an in-house team of licensed plumbers and general contractors and a web-based analytics platform (APEXadvantage).

Product overview

Apex Billing Solutions offers a modular utility billing and management platform for multi-unit residential properties. The core offering is the Apex Billing program, which provides submetering and allocation-based utility billing for water, sewer, gas, and electric. This core product is supported by Apex Advantage (invoice management and analytics), Apex Vacant (vacant unit cost recovery), and Apex Equipment (installation and consulting services). The company also offers ancillary billing for cable, internet, and waste management. Apex Billing operates on a performance-based fee structure where the company only earns fees if collections are successful, achieving average collection rates of 98% or higher.

Differentiator

Problem solved

Functional benefit

Brands

• APEXadvantage: Utility Invoice Management with Analytics and Reporting - automates utility invoice processing with benchmarking and ENERGY STAR integration.
• Apex Vacant
• Apex Equipment

Products and services

• Apex Billing Core utility billing program that enables property owners to bill residents for water, sewer, gas, or electric expenses through submetering or RUBS allocation. Provides user-friendly resident billing, utility bill analysis, regulatory alerts, and on-site training for property managers and owners of multi-unit properties.
• Apex Advantage (APEXadvantage) Web-based utility invoice management platform that automates utility invoice capture, tracking, and analysis, with ENERGY STAR benchmarking integration for multi-unit property operators.
• Apex Vacant Vacant Cost Recovery (VCR) service that recovers utility charges billed to the community rather than the resident by reconciling vacant unit utility bills with rent rolls monthly.
• Apex Equipment Submeter installation and consulting services delivered by in-house licensed plumbers and general contractors, including system design, product placement, regulatory compliance guidance, and maintenance/repair support for water, gas, or electric submetering systems.
• Ancillary Services Billing Ancillary billing service that bills residents directly for cable, internet, and waste management, generating additional revenue for multi-unit property owners.

Quantifiable outcome

• 20-30% reduction in utility consumption through conservation programs
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Conservice: Conservice is a leading utility billing and management provider for the multifamily housing industry, offering submetering, expense allocation, and analytics — the closest scaled direct competitor to Apex's core offering.
• American Metering Solutions (AMS): AMS provides submetering installation, reading, and utility billing services for multi-unit residential and commercial properties, overlapping directly with Apex's Apex Billing and Apex Equipment product lines.
• NWP Services: NWP Services delivers utility billing, submetering, and energy management solutions to multifamily and student housing operators, directly comparable to Apex's apartment and student housing customer segments.
• Hometown Connections: Hometown Connections provides utility billing and customer information system services to municipal utilities and multi-tenant properties, a comparable service model to Apex's billing operations.

Broad incumbents

• Mueller Systems: Mueller Systems is an established provider of water metering infrastructure, AMI, and meter-reading services used by utilities and large property portfolios — overlapping with Apex's submetering technology stack at a much larger scale.
• Itron: Itron is a global leader in smart metering, AMI, and utility data management for water, gas, and electric utilities, providing the underlying metering infrastructure that submetering specialists like Apex integrate with.
• Neptune Technology Group: Neptune Technology Group manufactures water meters and AMR/AMI systems for utilities and large-scale deployments, comparable to the metering hardware component of Apex's submetering solution.
• Badger Meter: Badger Meter is a long-standing provider of flow measurement and smart water metering solutions for utilities and submetering applications, addressing the same underlying water metering need that Apex serves in multifamily.
• Yardi: Yardi is a dominant property management software platform that includes utility billing and expense recovery modules, competing indirectly with Apex as a system-of-record for property owners.
• Landis+Gyr: Landis+Gyr is a global smart metering and grid intelligence provider serving electric, gas, and water utilities, representing the larger incumbent landscape against which specialized submetering firms like Apex compete.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/apex-billing-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apex Billing Solutions