Landlords, in particular, can benefit from submetering more than any other user segment that we provide for. Our Metering Packages provide all of the hardware and software tools needed to submeter rental properties and bill tenants according to their actual usage, which is more equitable than billing at a flat rate. This is really the core benefit of our metering system: It allows landlords to divide utility bills between rental units according to actual user consumption, putting the onus on the tenants to conserve energy so they pay less. After our submetering systems are installed, we see around a 25% average decrease in utility usage. In other words, landlords save money because there is no more guessing and flat-rate billing (you are happy), the tenant can save money because their conservation is rewarded (they are happy), and ultimately, energy is conserved which is a good thing for our planet as well.
A basic package to meter electricity includes one meter and CT(s) that can be used to monitor the total energy consumption of one apartment, town home, restaurant, commercial space, etc. For multi-unit rentals, additional meters and CTs will be needed. However, they can easily be added to the system at the time of installation or at a later date.
We also offer submeters for water and gas as well. In fact, it is now possible to remotely meter electricity, water, and gas using the EKM Push system. This allows the entire utility bill to be broken out by user. And because the data is available in the cloud, it has never been easier to manage the billing process, you can do it all from your computer. Reports and bills can be generated in a number of ways but the easiest is to have your meter data sent to our cloud database via the EKM Push system and then pulled into your computer via our EKM Dash. This software allows you to enter all of your meters, view their data in real-time, and schedule email reports for individual meters that can be used for billing.
To assemble and customize the right package for your needs, choose from the links below, separated by electrical system.