When it comes to electricity usage within multi-tenant properties, the common practice is to divide the overall monthly cost equally between each tenant. The problem is that the massive differences in electricity usage from tenant to tenant are not considered – which means that those who use electricity sparingly are being charged a lot more than their fair share, whereas others who neglect to pay any attention to conserving energy are not motivated to change their ways for the good of the environment.
Luckily, there is a solution for this problem: electricity submetering! With the help of electricity submetering systems, property owners and managers can now charge tenants from multi-tenant properties for their individual electricity usage, as opposed to splitting the cost evenly.
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