converting to individual water meters

[M Parsa]

I own a property with two duplexes and a house that are all on the same water meter. I spoke to the utility company and they said to split it up and put an individual meter on each unit would cost at most $8000. I am paying $250/month in water and would like to have the next tenants cover all the utilities not just gas/electric. I plan to hold this property for the long term. Do you think it would be a good move to install the individual meters?