What is the difference between metering and submetering?

Meter readers from the power company read master meters whereas submeters are read by building management personnel. In high-rise condos and apartment buildings where submeters are used, the prospect of manually reading dozens of meters each month is a daunting task.

What is a sub-metering fee?

Sub-Metering is a solution to manage water and sewer costs for homeowners’ associations by offering equitable distribution of cost. You are paying only for the water you use and not your neighbor’s laundry, car wash, toilet/faucet leaks, or excessive water use.

How does submeter work?

Electric submeters are basically energy monitors that are attached downstream from electric meters. Each one breaks down the electric usage of individual tenants or dwelling units. It is monitored then broken down for a landlord or property owner to distribute a more accurate utility bill during the billing period.

How does a prepaid sub meter work?

How does prepaid sub-metering work? Prepaid sub-meters do not replace the council meters and are installed adjacent to the distribution board on the premises or next to the council meter. Tenants purchase a recharge voucher to get a set amount of electricity or water which is entered into the meter.

What is sub meter accuracy?

Accuracy refers to the radius of the circle of unknown around a true point. The smaller the radius, the higher the accuracy. A receiver with sub-meter accuracy can plot a position within a sub-meter radius of the true point. Both of the images above show sub-meter accuracy.

What is water submetering?

Water submetering or submeters are a plumbing service that involves the installation of separate water meters into individual units in apartment communities, condominium communities, mobile home communities, condominiums, resorts and more.

What does a sub meter record?

Byram’s electric meters are capable of recording fifteen minute interval values. This means that we are able to show the amount of electric usage that your tenant or property is using every fifteen minutes.

What does a sub-meter record?

Is water separately metered?

In NSW, a landlord can only ask a tenant to pay water usage charges if: the property is separately metered (or water is delivered by vehicle ), and. the charges are not more than the amount the landlord is billed for by the water supplier, and.

What is a submetering company?

Definition. Utility submetering companies are organizations that read, organize and generate bills for tenants based on their individual utility consumption as measured by submeters.

What does a submeter measure?

Plant submetering uses submeters to measure your plant’s energy. Submeters may include BTU meters, electric meters, flow meters, gas meters, steam meters, and meters embedded in your plant management systems.

How does sub metering work for a landlord?

Sub-metering can be installed to monitor each tenant’s individual electricity consumption; the installation of metering solutions that work ‘under’ the primary gas/electricity meter. Tenant meters can be installed in multi-occupancy buildings and multi-let offices so that landlords can accurately claim utility costs for:

When does a landlord have the right to install a submeter?

Submetering. If Tenant ’s consumption of electrical services is in excess of Building standard use levels, Landlord shall have the continuing right, upon 30 days written notice, to install a submeter for the Premises at Tenant’s expense.

How long does it take to recover costs from tenant submetering?

For most CRE portfolios that have tenant submetering, there is an average delay of 30-45 days between the end of the billing period and when costs get recovered. These cost outlays could be put towards productive investments if they were recovered more quickly.

Why does sub metering take so long to recover?

Instead, slow recovery means that cash flow is stifled and investments are delayed. When tenant consumption data is uploaded to the cloud in real time, electric sub metering bills can be sent the moment a billing period is over and costs can be recovered in a matter of days instead of a matter of weeks. 7. No Integration with Current Systems

What are the rights of a sub metered landlord?

As a sub-metered tenant, you have special utility billing rights, including: Reduction of your bill by a percentage based on your energy use and by rebates that may be applied to the master-metered landlord account during the billing period Posting of gas and electric rate schedules in easy-to-find locations

How does sub metering work in the real estate industry?

Tenant submetering implements an accountability for energy consumption and provides a fair and equitable solution for utility billing with multiple tenants. Sub metering is a relatively simple application that allows property owners to take control of their energy bills and record energy usage of each individual tenant’s consumption.

What does it mean to sub meter a house?

Electric submetering is when an owner or landlord (owner) of a multi-unit property uses a single meter to serve the entire property’s electricity usage. The owner, and not the electric company, bills the tenant for his or her share of the total electricity costs.

For most CRE portfolios that have tenant submetering, there is an average delay of 30-45 days between the end of the billing period and when costs get recovered. These cost outlays could be put towards productive investments if they were recovered more quickly.