Apartment Utility Billing
National Exemption Service
National Exemption Service (www.Submeter.com) is one of the largest Submetering companies in the USA. We specialize in properties with 100+ multifamily units, we are uniquely suited to handle these large projects efficiently and professionally. NES has a dedicated compliance team to keep up with state regulations. Protect yourself from the liability.
National Exemption Service (NES) President & Owner is also a voluntary board member of the Utility Management & Conservation Association which makes him privy to best practices in the industry. NES currently services real estate in many states including California, Florida, Texas, Georgia, Arizona, North Carolina, South Carolina and many more.
What is Apartment Utility Billing?
Apartment Utility Submetering involves the installation of equipment to measure and bill each unit’s water/sewer, gas, and electric use. Commonly called Submetering, this process has been used since it was invented in the early 1920’s.
What are the benefits?
If you are trying to recover operating expenses for your apartment complex, apartment submetering is the answer. National Exemption Service submeters water, gas and electricity.
When a property installs water submeters, tenants work harder to conserve, therefore reducing overall consumption dramatically. We typically see 15-30% water savings. Submetering is also instrumental in detecting leaks. Common area water usage can be accurately measured and billed accordingly.
Bottom line: The real estate owner is able to save money since the tenants pay for the water they used. The return on the investment is usually seen within 12 months.
What types of real estate can be Submetered?
All types of real estate can be submetered. We serve both new construction and existing properties, those with equipment in place and those requiring equipment. Properties types include apartment communities, mobile home parks, townhomes, and condominiums. We specialize in properties with 100+ multifamily units.
What is RUBS and how can it help real estate that can’t be metered?
RUBS is an acronym for Ratio Utility Billing System. RUBS uses formulas to allocate utility costs for water/sewer, gas, and electricity when meters are not an option or if your investment dollars can be better utilized elsewhere. We have a variety of RUB options to choose from and our team will outline them in accordance with your goals.
Does Submetering have regulations?
Yes. Lots of regulations. The laws and regulations regarding submetering multi-family properties change frequently and vary greatly per state and county. If you plan on installing and servicing your own Submeters without NES, we highly recommend staying up to date with the latest regulations.
Do you own or manage a multifamily property with 100 or more units?
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