I was sent this by a friend who reached out to them for this service. Hope this helps everyone. This looks like a great option.
"Let's start out with giving you a bunch of information to answer many common questions. Many of these are helpful to know what we do differently but also many are what is needed to get you accurate pricing. Primarily we would need to know the plumbing configuration. Once we have that info I can get you a formal quote. We have main line submeters that can install on the water line going direct to each unit if plumbing is separated. That is the ideal situation as you only need one meter. This is ideal but don't sweat if you do not have separated plumbing as we have our innovative meters that can help with that too.
Here is a break down on both options:
Pricing for the whole system of the plug and play meters and routers run anywhere from $65 per apartment unit if the plumbing is separated. This is obviously the best case scenario. That is a ¾" meter and what we call the "main line meter". The best way to determine if it is split is how many hot water heaters are there? One per unit? It might be on one city meter but the plumbing may be split and we could use one of our meters per side.
If hot water heaters are shared then we have to go to the next option. When it is not split meters are still in the $60 price range each, so if you need 6 meters (per point hot and cold) $300 per apartment. We call these under the sink meters the "point of use meters". These are our claim to fame meters as they are innovative and quite unique in the market. Even at $300 we still see an ROI of 9 months or less, generally. Did you see the ROI calculator? https://truesubmeter.com/roi/ .
Attached is a flyer that shows a worst case, point of use meters configuration and pricing example for that. This is the option you reference but if we can go with the single main line meters it is preferred. One router is required per building, not per unit. The routers run around $175.
As for the monthly monitoring cost from us, that is easier as it is fixed per apartment and not dependent on how many meters you have. We charge $5.90 per month per apartment. So a 10 unit apartment complex would cost $59.00 per month. That fee includes everything such as private database, real time water logging, Verizon/T-Mobile cellular monthly service (we pay this so you do not have to have internet in the property) and the automated monthly water billing that goes direct to the tenant. There is really nothing you need to do other than collect the money each month. We do everything for you in order to make passing on the water bill as hassle free as possible. We take whatever the local water/sewer rates are and basically use those to set up your account. Then every month when the automated water bill is generated and sent to each tenant it is identical to the pricing structure your city charges. All fixed fees and per gallon rate fees can be billed back.
Water bill is automatically generated and either automatically emailed direct to the tenant or landlord/property manager (however you choose). Or can be available as a PDF from your private login to our database. The water bill is generated at the end of every month as a set period and send on the 1st of the month.
Batteries last on average 2 years. They are standard AA batteries, so nothing proprietary. Or the main line meters primarily come with an additional plug in and you can plug it into an outlet and never have to change batteries!
Let me know if you'd like a more formal quote. Attached is a couple of flyer pages and example customizable invoice that is automatically sent to each individual tenant at the end of every month."