Learn About Submetering Systems
Property management for a multi-family property, such as a condominium or apartment building, requires an efficient utility billing system. With the right solution in place, not only will you be able to manage utility allocation effectively, but you will also lower costs and gain another option in energy conservation.
Commercial Water and Energy (CWE) offers utility management solutions that utilize automated meter reading technology to track tenant usage and bill accordingly. During submeter installation, the highly-experienced CWE team will train you and your leasing staff on the use of meter reading equipment and how to develop appropriate billing formats. CWE customer service is always available during business hours to answer any questions you may have regarding installation and billing. All equipment is installed by licensed contractors and ready for reading and billing in time for tenants to move in. There are three billing options available to property owners to determine how usage is tracked:
Commercial Water and Energy provides timely and accurate utility billing services, whether you require submetering for gas, water, and/or electricity in your rental property. Working with your property management staff, CWE takes the time to ensure all billing information is consistent and accurate.
Apartments, condos, commercial offices, stores, mobile parks, military housing, college dorms, and retirement homes all share one thing in common: community utility billing. However, not every multi-tenant property handles utility billing in the same way. While some communities have one master meter and bill tenant’s utilities based on a Ratio Utility Billing System (RUBS), others install meters on individual units and bill tenants for their actual water and energy usage. Regardless of how you prefer to recapture this important monthly cost, Commercial Water & Energy can help you determine a utility expense management solution that works for your property.