Tenant billing for sub-metering usage

Sub-metering tenant billing creates accountability and ownership of utility use by commercial or residential tenants. It ensures fair and equitable billing for actual gas, water, and electricity use, as opposed to a straight, across-the-board split based on prorating per square foot.

Tenants can monitor and better manage their use, making them more likely to use less and giving them satisfaction. In the end, the property owner will achieve cost savings while extending the power supply equipment lifespan. Adding sub-meters adds value to a property and tends to attract a more qualified tenant.

So, what is sub-metering? In the past, utility usage for a building was measured on one master meter, which provided a reading for an entire building. Building managers spent numerous hours calculating the monthly bills for each tenant, often containing billing errors and creating confusion. Sub-metering simply places meters on each floor, for each utility...