Utility benchmarking can be a powerful tool in a property manager's toolbox, enabling them to monitor water and energy usage, make smart decisions about repair and maintenance, and positively impact the immediate and long-term value of their property. This introductory session will explore the topic of benchmarking, offering attendees insights into why it matters, and how it can benefit managers of properties of all sizes. A service provider, national program administrator, and property manager will present project examples and provide guidance about how to unlock the value of benchmarking. Specifically, the speakers will address multifamily benchmarking initiatives and requirements, benchmarking best practices and benchmarking success stories.