The cost of purchasing and installing submeters can vary greatly depending on the complexity of your real estate and which utilities you want to Submeter. When you request a quote from NES, the submetering specialist will determine your project size and any associated challenges. If water submetering does not make sense for your real estate, it is possible RUBS may be a better option.
Submetering in multifamily real estate usually has a positive return on investment within 12-18 months.
Often times, water rates get increased and the ROI can be realized even sooner.