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Updated about 2 years ago, 10/07/2022

User Stats

148
Posts
110
Votes
Christopher Bunge
  • Real Estate Broker
  • Columbia, SC
110
Votes |
148
Posts

Managing Water and Electric included in Rent

Christopher Bunge
  • Real Estate Broker
  • Columbia, SC
Posted

Hello all! I have a Triplex and we were unable to separate the water and electric into separate meters. I'm curious if any of you have an ideas on how I can track usage? Did you put something specific in your lease stating the usage requirements and consequences for over usage? The issue is even if the usage is excessive, I can't track who is over using and it seems unfair to charge everyone for one persons ignorance. Any ideas welcome. 

User Stats

3,757
Posts
3,106
Votes
Kenneth Garrett
Pro Member
  • Investor
  • Florida Panhandle/Illinois
3,106
Votes |
3,757
Posts
Kenneth Garrett
Pro Member
  • Investor
  • Florida Panhandle/Illinois
Replied

@Christopher Bunge

In my 4 unit, I installed submeters.  I had each electrical panel in the same location in the utility room and installed 4 meters.  I then took the bill, calculated the total kw for the billing cycle and divided up the use of each meter.  Whatever was left over was the the common area useage or my use.  

  • Kenneth Garrett