When choosing a water or electric submeter, there are several important things to consider, including the following:
Accuracy and reliability: The most important thing to consider when choosing a submeter is its accuracy and reliability. It is essential that the submeter is able to accurately measure the amount of water or electricity being used, so that you can accurately track and manage your usage and costs. The long-term durability of cheap meters is usually much less than a brand-name meter. Learn about the meters we sell here.
Compatibility with your current system: You should also consider whether the submeter is compatible with your current water or electric system. This means that the submeter should be able to connect to the existing plumbing or electrical wiring, and should be able to work with any other devices or systems that are already in place. Space requirements can often play a part in choosing submetering equipment.
Ease of installation and maintenance: The submeter should be easy to install and maintain, so that you can get it up and running quickly and with minimal disruption. It should also be easily serviceable for when batteries need to be replaced.
Cost: The cost of the submeter is also an important factor to consider. You should look for a submeter that is made by an established manufacturer and is known for a long, trouble-free lifespan.
Features and capabilities: You should also consider the features and capabilities of the submeter, such as daily monitoring, alerts, and reporting. These features can help you better manage your water and electric usage and costs, as well as catching water leaks.
NES is a leading provider of submetering equipment and submetering billing services for multifamily properties larger than 100 units.
Do you need a free quote? Get a quote now!
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?
Get a FREE quote and learn how much you could save by Submetering.
We will contact you within 1 business day via your preferred method of communication.