WHY SUBMETERING?

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Utility submetering offers numerous benefits for property owners and managers, including:

1. Fair and Accurate Billing: Submetering allows for the precise measurement of individual unit utility consumption, ensuring that residents are billed accurately based on their actual usage. This promotes fairness and transparency in billing practices.

2. Cost Recovery: By accurately measuring individual unit consumption, submetering enables property owners to recover a greater portion of utility costs from residents. This can help offset rising utility expenses and improve overall financial performance.

3. Conservation and Sustainability: Submetering encourages residents to be more mindful of their utility usage, leading to reduced consumption and lower environmental impact. By promoting conservation, property owners can contribute to sustainability efforts and reduce utility expenses.

4. Resident Accountability: With submetering in place, residents are incentivized to conserve energy and water to avoid higher utility bills. This promotes accountability and responsible usage behavior among tenants, leading to a more sustainable and harmonious living environment.

5. Investment Value: Properties equipped with submetering systems are often perceived as more attractive to investors and potential buyers. The ability to accurately measure and manage utility expenses can enhance the property's investment value and marketability.