SOURCE: NWP Services Corporation
COSTA MESA, CA--(Marketwire - Sep 12, 2012) - NWP Services Corporation (NWP), a leading provider of utility management, resident and property operation services, today announced the appointment of W. Michael Semko as deputy general counsel. In this role, Mr. Semko will advise the company on corporate and regulatory legal issues as well as assist with the growth and education of the company's customer base.
Multifamily housing providers have a myriad of local, state and federal regulations affecting their energy management operations and billing services. NWP has the largest team of attorneys specializing in billing and energy management in the apartment industry. In addition to providing clients with new revenue possibilities, NWP helps protect its clients from the regulatory complexities of utility management.
"Utility billing and fee management are highly regulated operations and the need for regulatory legal expertise is critical to helping our customers protect their bottom lines," said Lana Reeve, senior vice president and general counsel of NWP. "We are excited to have Michael join our team. His industry-focused legal experience and commitment to assisting multifamily housing providers will be an asset to our customers."
Prior to joining NWP, Mr. Semko served as vice president and legal counsel to the National Apartment Association (NAA) for nine years. As legal counsel to NAA his responsibilities included overseeing and maintaining the legality of products and services offered by the association.
"I have known and admired NWP's people and the services they provide for more than a decade," said Mr. Semko. "I am very happy to join a world class organization that is committed to assisting apartment industry companies grow and protect their businesses."
Michael will be joining a legal team with more than 65 years of combined legal experience which includes attorneys Lana Reeve; Brian Willie, senior regulatory counsel; Michael Foote, senior regulatory counsel; and Ammon Chase, senior corporate counsel.
NWP's specialized attorneys individually assess the utility management strategy of each property and perform regular compliance audits to ensure each configuration maximizes a property's return on investment while minimizing its legal risk. This valuable service, like any proper legal assessment, takes into account the individual characteristics of each apartment community and its relationship to all of the state, county, municipal, local and utility district rules and regulations.
About NWP Services Corporation:
Headquartered in Costa Mesa, Calif., NWP Services Corporation (NWP) is a leading provider of utility management, resident and property operation services that enable multi-housing properties to drive down their costs and create new revenue opportunities. NWP services include utility expense recovery, energy management, invoice processing automation; online payments and spend management; resident billing and submetering services; and facility management and online supply procurement solutions. NWP offers regulatory consulting services and multifamily industry benchmarking analytics and extensive reporting technologies, as well as comprehensive services and solutions to optimize back office systems. NWP is the industry's premier provider of nationwide submetering installation and maintenance services. Additional information is available at www.nwpsc.com.