Are you a landlord or owner of a large site, such as a block of flats? If so, it is important to make yourself aware of the benefits of installing submetering.
Submetering is something you can use to track your energy usage more accurately. If you have a more accurate idea of your typical energy usage it is easier for you to manage your energy usage and therefore spot any particularly large drains on your energy supply.
If you have a better idea of what areas of your site are costing you the most then you can find the most effective form of energy efficiency to implement.
For example, if an area which requires a lot of lighting is using a lot of energy then perhaps swapping to energy efficient lightbulbs would be the most efficient swap for you to implement.
Submetering solutions are available for gas, electricity, and water. Within a block of flats, or a house which has been split into flat, there needs to be an alteration in the utilities provided in order to make sure that each tenant is definitely only paying for the utilities they use.
Connections to energy and water supplies are split at the entry point to the property, and a meter is installed for specific areas on the property.
In order to bill-accurately, and make your property appeal to tenants, sub-metering is a mandatory tool for landlords.
The Benefits of Submetering
For organisations with high energy consumption, implementing a sub-metering system can assist you in identifying areas of inefficiency.
Sub-metering in a business building can be used to educate and inform staff of (more) individual usage.
In doing this, you make it easier for behavioural changes to take place across the business. By creating these changes, you increase the likelihood of enhancing your business’ Corporate Social Responsibility profile.
DID YOU KNOW? Implementing submetering technologies can help you reduce energy use by up to 16%
Gas Sub Meters
If you’re a landlord, having submeters is beneficial for both monitoring energy usage and ensuring that multiple occupants of flats in the same building are only paying for the energy they use.
For many tenants, this option is far more attractive than splitting the cost of the overall energy used on the main meter between all occupants as it means they can be mindful of their own usage, and reap the rewards of reduced bills.
A gas sub meter is installed on the gas line that is fed into an individual area of a property. It allows for the usage to be measured individually for any area of a flat within a large housing block, or a commercial property with multiple businesses within.
Water Sub Meters
Water submeters track energy and water consumption in specific areas of a building.
Water submeters are particularly attractive options because they enable a landlord, homeowner’s association, landlord, or property management firm to charge tenants directly based off of their actual water consumption.
By choosing to install a water submeter, you are making the life of all those involved simpler and easier. Many tenants appreciate the autonomy water submeters provide them with over paying for their utilities.
Water submeters work by installing the meter on the incoming water pipe to the property. They are connected to the individual water line which provides for that particular areas, measuring the area’s total water consumption.
Typical users of submetering services include:
- Apartment blocks
- Commercial buildings
- Industrial units
- Public sector buildings
- Schools and academies
- Retail park developments
- Business parks
- Hotels and B&Bs
Why might you need to implement water submetering?
|Stabilised Utility Costs||Provide yourself with greater insight into your energy profile. You can use this information to help you identify potential areas for increased savings or efficiency.|
|Putting YOU in Control||It eliminates the hassle of connecting individual water supply to the company’s water meter.|
|Only Pay for Actual Usage||Allow yourself to better monitor usage, working towards reducing your own consumption by managing your usage.|
|Increased Water Conservation||Help yourself to identify areas of particular waste. By identifying these areas, you (and your tenants) can start to make sure that only water which is needed is being used.|
|Increased Property Value||Properly and recently metered properties have an increased value over those which use outdated metering systems.|
|Accurate Billing||By sub-metering each individual tenant, you make it easier for yourself to charge for energy usage accurately.|
If you are thinking of installing sub-meters in your property, make sure you’re aware of the below checklist:
|Ensure the meters are Ofgem/MID approved|
|Read and inspect meters every two years|
|Check meters are in good working order regularly|
|Adhere to the RICS Code of Practice when you’re charging tenants for energy|
|Installation must be carried out by qualified electricians.|