Submetering is an innovative approach revolutionizing the property management world. In this blog, we break down what water submetering is and explore its benefits to help you make an informed decision for your property.
Water submetering is a service that involves the installation of an individual meter to measure water usage in multi-unit properties, mobile home communities, commercial properties, or specific areas within a property. Submetering provides property managers and owners an accurate way to monitor water consumption on a detailed level.
For tenants, one key advantage of submetering is billing fairness. Submetering provides precise billing based on actual tenant usage, instead of evenly splitting the total cost across the tenant board. This archaic way of billing often led to disputes and hostile living environments, both of which lower the value of the property. When tenants are not aware of their water consumption habits, they tend to waste tons of water. Submetering puts the ball in tenants’ court, providing tenants opportunities to be conscious about their water consumption, leading to increased property value and sustainability.
Another benefit is the ability to arm property owners and managers with precise and detailed insights into their property’s water consumption, allowing faster identification of inefficiencies, and enables them to take proactive measures. Operation expenses are also reduced with submetering, as tenants are responsible for their own bills, there is no need to spend additional costs for meter readings and collection of payments.
Looking to have your property submetered? Give us a call today. Our professional technicians are experienced in multifamily properties, mobile home communities, new construction, and more. Enjoy the benefits of a system tailored to meet your specific needs, without the hassle.