What does utility sub metering accomplish?
Energy and Water conservation should be an important part of everyone’s lives, sub metering results in residents/tenants being responsible for their own level of consumption. Government funded studies indicate that sub metering reduces property total consumption between 12 and 38 percent. Once the resident becomes accountable, they are quick to report leaks; something they are less apt to do as long as the property owner is paying the bill. Sub metering utilities allows the property owner to control previously uncontrollable expenses. Therefore, residents’ paying for their own utility usage helps property owners control unexpected rent increases and be able to offer generally lower rents. Utilities are a precious commodity that everyone needs to be aware of, sub metering holds everyone accountable for their usage.
