Banyan Utility, formerly Multifamily Utility Company, is a leading utility submetering and billing company that specializes in the submetering and allocation of water, gas and electric utilities for apartments, condominiums, commercial buildings, new construction, mobile homes and military housing throughout the United States. We currently service customers in over 45 states and military clients throughout the world. Our Company’s mission is to provide innovative, value-driven submetering solutions for today’s utility environment, while increasing property performance and encouraging conservation through awareness.Banyan Utility is a full service utility submetering company that can handle all aspects of the submetering process from system design to installation to billing, reporting and ongoing system maintenance. In 2012 we started our Utility Expense Management service “Utilipay®”. Utilipay® was developed for our customers that are looking to outsource their utility bill processing and provide energy management reports across their portfolio. At the 2013 National Apartment Association (NAA) tradeshow we launched the industry first utility usage dashboard/app for residents and created Resident Expense Management® (REM®). Also at the 2013 NAA tradeshow we launched the industry’s first and still only mobile app for managers and residents. We continue to push our industry forward with better service and technology for our customers.In 2014 we were recognized by Inc. 500 as the 56th fastest growing private company in the country and we have maintained an A+ rating with the BBB.In 2015 we were recognized by Inc. 500 as the 280th fastest growing private company in the country and by the San Diego Business Journal as the 2nd fastest growing private company in San Diego.In 2018 we were recognized by Inc. 500/5000 as a five-time recipient in five consecutive years on the fastest growing private companies in the country.