Some of the greatest benefits of submetering technology come in the form of property owner advantages. Commercial Property Executive recently outlined the top 5 reasons property owners should invest in submetering, which include significant savings to both tenants and management.

1. Transparency—allowing tenants to see their exact usage at frequent intervals helps them understand their bills better, and helps management communicate the reasoning for, and positive effects of, conservation efforts
2. Cost Certainty—“By collaborating with tenants on an integrated whole-building submetering solution, the landlord can recoup energy costs by billing tenants for their actual energy use”
3. Identify Issues—submetering allows property managers to measure and manage real-time usage, meaning that malfunctioning equipment can be identified and then serviced or replaced before it can wreak havoc by wasting resources
4. Conservation Motivation—“Information gained from submetering combined with smart tenant engagement strategies increases occupant awareness about easy-to-adopt energy-saving actions, and contribute towards whole-building energy savings”
5. Future-Proofing—As energy codes such as ASHRAE 90.1 and Title 24, as well as local ordinances such as NY LL 88 continue to push forward submetering as a requirement, proactively incorporating these strategies allows property owners to meet upcoming standards while reaping tomorrow’s benefits today

Where to Start with Submetering

Every property is different, which means that any property owner must decide how to design a submetering solution to their application and tenant’s needs. VerifEye™ Submetering Solutions from Leviton provide a fully scalable, comprehensive line of products including meters, communication devices and software solutions.

Gas and water meter options allow property managers to monitor and manage complete tenant and facility energy usage.

Water meter options include polymer, bronze and brass models. These meters offer a cost-effective, reliable solution for incorporating water tenant billing and other metering projects. They are compatible with automated reading hardware and wireless AMR transmitters, simplifying integration into other metering and building systems.

Gas meter options offer a cost-effective, reliable solution for incorporating gas tenant billing and other metering projects. They are compatible with automated reading hardware and wireless AMR transmitters, simplifying integration into other metering and building systems.

Use VerifEye electric, water and gas meters with BMO 3.0 Tenant Billing Software to generate individual bills for customers and to properly allocate budget costs.

For more information, visit www.leviton.com/verifeye.