Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

16
Posts
1
Votes
Frank Rizzo
1
Votes |
16
Posts

Electric sub-panel recommendations

Frank Rizzo
Posted

Hi,

I own a property with 2 cottages on the same electric meter that I pay the bill on. When i renewer the leases I changed it so they would be responsible for their own electric bill (they have been abusing it with space heaters). I have been looking for an affordable solution to sub meter their panels. I have come across options that look good but require Wi-Fi (I don’t want to have to access their Wi-Fi  to do this.) I also don’t want to visit the property every month to note wattage usage. Does anyone have a recommendation of a product or method that may work?

Most Popular Reply

User Stats

2,323
Posts
1,582
Votes
Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
1,582
Votes |
2,323
Posts
Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
Replied

Aloha,

We frequently install submeters, and have for many years. A licensed electrician just installed one of these for $875 all in:

https://photos.app.goo.gl/kbjC...

We just add into the rental agreement, that the tenant is required to take a photo on the (DATE) of each month (ideally, to coincide with the service dates of the main meter) and email it to us. All you need to do is track the readings, subtracting most recent from the last to get your usage for that unit, which you subtract from the usage on the main meter.

Just be POSITIVE that all circuits are separate between the units. Take the time to map them out, including ceiling lights, to be sure. You may have to do some re-wiring depending on what prior handymen/owners have done as "improvements".

Loading replies...