When it comes to property management, staying ahead of the game means embracing new technology or processes that make the operation run smoother. One of the newest tools is submetering. But what is it and is it beneficial for your property? Let’s explore this game-changing tool and its benefits.
A lot of buildings are set up with ‘master meters’, or a single meter for the entire building. This method of metering often involves painstaking breakdowns of each unit’s consumption compared with the master meter, often leaving tenants billed unfairly. Submetering breaks down utility consumption to granular levels, providing accurate data on individual units, spaces, or even specific appliances on a property, and can be used for gas, water, and electric utilities.
When residents or tenants are billed individually, not only does it promote responsible consumption, it simultaneously encourages conservation. This can be huge for increasing the market value of your property. In fact, our state-of-the-art submetering systems can reduce individual water usage up to 39%! Submetering is also efficient in decreasing overall property bills by allowing property managers to easily identify areas of high consumption or excessive usage. For reference, a client using our submetering system stated that within three months, the overall water bill of the property was reduced by 50%!
These detailed insights are often what help property owners determine the type of sustainability measures to implement. Monitoring of appliances, like a dishwasher, can alert a property manager to possible leaks or excessive water consumption, letting them know it’s time to upgrade to a more energy efficient appliance. Submetering also helps identify other water conservation opportunities and implementation of additional eco-friendly solutions. This crucial step is important to Watersystems Inc. because our team is always working hard and improving our operations daily in order to shrink our carbon footprint to create the most positive impact on the environment.
If you are looking for innovative solutions to utilities management, a consistent way to reduce high water bills, state of the art technology that pinpoints leaks and other issues, permanent solutions to reduce operating costs and much more, submetering may be for you. Watersystems, Inc is shaping the future of utilities management, offering a transparent view of utility usage, promoting tenant accountability, utilizing billing fairness, contributing to the awareness of consumption habits, and empowering property managers to implement sustainability measures such as energy-efficient upgrades, conservation initiatives, and eco-friendly practices. With over 50 years of certified property management experience and an average of $312 billion in annual property value increases, Watersystems, Inc is your utilities billing solution. Call us now 1-866-537-1500 or send us a message! Our professional staff is waiting for you.
