Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on . Most recent reply

Sub-meter electricity for apt community: referral?
Has anyone hired a company to take an apt community from master metered electric to individual? If so, who did you use?
I'm trying to learn more about the process and would like to talk to a company that someone has worked with successfully to do an apt community.
Joe
Most Popular Reply

Joe Fairless , if no one else chimes in with recommendations, you might check with one of the more progressive electrical contractors where the project is located. It's not a particularly complicated process, but it might be labor intensive, depending on how the buildings are wired. But it would be within the capabilities of most commercial electrical contractors.
Submeters are readily available for purchase online. The simplest ones would be read manually. If you want them to be monitored electronically you'll probably have to go with one of the larger utility submetering companies for the installation. I'm sure there are some good ones out there, but my experience has been limited to just one, and their customer service is sub-par.
My opinion is that it's better to go with manually read submeters. Then your on site staff can read and bill the tenants. No electronics to maintain, and no fee to pay the submetering company.