Can You Submeter Gas?
Submetering gas requires the installation of gas submeters on the gas line for each unit. This allows the main gas bill to be fairly split by each resident based on usage. This results in huge cost savings for your gas utility expense, typically a 90%+ savings.
NES is a leading provider of gas submetering equipment and submetering billing services for multifamily properties larger than 100 units. Submetering regulations change frequently, NES monitors the regulations daily for the communities we serve.
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What is Submetering?
Gas Submetering involves the installation of equipment to measure and bill each unit’s gas use. Submetering has been used since it was invented in the early 1920s.
What are the benefits?
If you are trying to recover operating expenses for your apartment complex, Submetering is the answer.
When a property installs gas submeters, residents work harder to conserve gas, dramatically reducing overall consumption. Residents are also responsible for their own usage, which almost eliminates the gas expenses for the landlord.
Submetering can also increase the value of your apartment complex or mobile home park.
Bottom line: The return on the investment is usually seen within 12 months because the residents pay for the gas they use.
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 gas 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 (National Exemption Service), we highly recommend staying up to date with the latest regulations.
Can National Exemption Service handle my large property?
National Exemption Service (www.Submeter.com) is one of the largest Submetering companies in the USA. We currently provide Submetering and RUBS services in over 40 states with a focus on properties with more than 100 multifamily units. NES is uniquely structured to handle these large projects efficiently and professionally.
Our dedicated compliance team actively keeps up with state and county regulations, in-house customer phone and email support team provide friendly assistance and the President & Owner actively manages the entire team. Protect yourself from liability and let NES handle your real estate.
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.Warren
Do you own or manage a multifamily property with 100 or more units?
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