With only one meter for the whole building, landlords, property managers or condo boards can only divide utility costs for the whole building equally among the residents – based on suite size and not actual usage. This can result in unfair allocation of energy costs.
Submetering helps better manage and maintain your building
Utility costs are one of the highest expenditures for a building. By submetering, building owners and operators are able to better control operational costs.
A fair ‘user-pay’ system
Submetering electricity, water, thermal and gas captures individual suite consumption, so occupants are billed based on what they actually use. ‘User-pay’ systems are proven to drive down energy consumption and costs, by motivating behaviour changes like turning off lights when leaving a room.
Tracks energy, water and other utility consumption
Occupants in a building serviced by Metergy Solutions will:
Get accurate and detailed information to help understand, monitor and conserve.
Pay only for actual usage and see the direct financial benefits of reducing consumption.
Be billed fairly. Each month, residents will receive a bill for their metered services based on the actual consumption in their suite – no longer subsidizing neighbours’ usage.
Make a positive impact on the environment. For example, a Navigant study (PDF) found submetering led to an average 139 kWh per unit decrease in monthly consumption usage representing a 40% reduction.