Reasons to submeter electrical and HVAC Loads At standalone and multi-unit properties. As a property owner or manager, we all should understand the importance of managing costs, promoting conservation efforts, and maintaining compliance with regulations. Submetering is a powerful tool that can help you achieve these goals and more. Submetering basics and benefits. What is submetering? Submetering involves installing individual meters to measure the consumption of electricity, gas, or water for each tenant in a building or complex. With submetering, each tenant is responsible for their individual usage, and billing is based on actual consumption, promoting fairness and transparency. Additionally, submetering can incentivize tenants to conserve resources and reduce waste, leading to cost savings for both you and your tenants.
Energy Consumption
Collecting consumption data and conducting load or energy logging studies and benchmarking to isolate causes of load peaks to help cut costs or use energy resources more efficiently.
Energy Power Provider Rebates
Establishing energy usage benchmarks and trends in order to measure and verify the effectiveness of energy saving programs, along with ASHREA requirements.
Tenant Cost Recovery
Allocation of energy usage costs to respective tenants based on actual energy usage instead of a square footage calculations, helping promote energy conservation.
Department Costing Based on Real Data
Metering individual departments or areas for cost center analysis - budgetary accountability often results in reduced energy consumption.
BMS or Standalone Software Integration
Software is an energy-monitoring system that allows users to read and monitor energy consumption easily and effectively via on-site or off-site non-dedicated computers. The software allows the user to generate graphs and profiles of energy data for demand analysis and usage reduction.
For help on your existing submetering system or in need of planning an installation of new cost recovery system, please contact us.
Jay O’Connor of Submeter Service Solutions, Whitman, MA.