4 Benefits of Apartment Water Submetering
One of the most common questions we get from apartment managers and owners has to do with the benefits of submetering water. Many of the owners are trying to determine if the cost of apartment water submetering will pay for itself over time, and what benefits it will offer to both owners as well as tenants.
To help to understand the benefits of apartment water submetering, consider the following four common advantages that your building occupants, as well as your property manager, will see immediately after the submitters are installed.
Marketing Advantages
Today, tenants expect to pay for the water they use, not a percentage of the water used by all tenants in the building. This is an essential marketing tool with many potential renters or leasers passing on residential or commercial property without individual metering and billing services.
Water Conservation Programs
Through the addition of apartment water submetering, property owners and managers can become more aware of typical usage patterns and look for ways to provide incentives and initiatives for water conservation practices. This is particularly important for LEED and “green” buildings were meeting specific standards for water consumption will be another marketing benefit to consider.
Easy Management of Billing and Payment
With the use of smart meters, the property owner or manager can turn all billing and payment processing over to the utility management company. This is a time and cost saving consideration and one that helps both tenants as well as property managers.
At ABT Water Management, we can process payments through PayPal, e-check and major credit cards, plus tenants can view their bill and make payments at their convenience.
Daily Reports for Property Owners and Managers
With our secure portal for property managers and owners, daily reads on water usage is a just a click away. This allows you to monitor for any unusual usage, often detecting leaks or fixtures left running before they end up damaging the property or causing extreme water bills.
To learn more about the benefits of submetering for your apartment, talk to our team of experts at 800-697-9096.