How does Submetering work?
Submetering permits the measurement of electric use in individual apartments via a building-owned meter that is installed for each apartment. The building continues to purchase its electricity on the less expensive commercial or bulk residential rate basis, but now the owner is able to bill electrical usage to individual apartment on an actual consumption basis. The relationship between the building and the utility remains exactly the same as before. The building still receives only one electric bill. Submeters can be read automatically using software, and generate demand curves using 15 minute interval data to help energy managers lower their usage. For building owners trying to pass electricity costs to tenants, RightEnergy software can automatically generate monthly electric bills using the utilities rate structure.
