In today’s world, property owners and managers are always looking for ways to reduce costs, increase efficiency and streamline operations. One area where this can be achieved is through the use of sub-metering. Sub-metering is the installation of smart meters that allow for remote utility billing and tenant consumption verification.
Commercial sub-metering is the installation of smart meters on commercial submeters, allowing for remote utility billing and tenant consumption data verification. This is especially useful for commercial properties that have multiple tenants, where the cost of utilities is often shared. With sub-metering, property owners can accurately bill each tenant for their individual utility usage, rather than charging a flat rate that may not accurately reflect their usage.
Point of Use Sub-Metering
Another form of sub-metering is point of use sub-metering. This involves installing smart meters on end-use access points, such as toilets, faucets, and other specific fixtures. This allows for even more detailed consumption verification, as property owners can track usage at the specific fixture level. This can be especially useful in commercial properties with high water usage, such as hotels or gyms.
Sub-metering not only allows for remote billing and tenant consumption verification, but it also provides a way to promote energy efficiency. By tracking consumption patterns and identifying areas of high usage, property owners can make informed decisions on how to reduce energy waste and increase efficiency. This can lead to significant cost savings over time.
At Live Building Systems, we provide sub-metering solutions to help property owners and managers reduce costs and increase efficiency. Our sub-metering services include commercial submetering and point of use submetering. We work with clients to determine the best solution for their needs and provide ongoing support to ensure the success of the project.
In conclusion, sub-metering is a powerful tool for property owners and managers to reduce costs, increase efficiency, and promote energy conservation. By installing smart meters and tracking consumption patterns, property owners can accurately bill tenants for their utility usage, identify areas of high usage, and make informed decisions to reduce energy waste. Contact Live Building Systems today to learn more about our sub-metering solutions and how they can benefit your property.