You will also need to calculate your propane consumption and have a method for refilling.

If I were going to let rent slip to justify the new meters, I would take into account a sub metered average and not just divide out my current bill, as consumption will go down on water, electric and gas.

My understanding of why some say it doesn't is the argument that a tax cut is more effective if it benefits the poor/middle class because the poor/middle class will spend most of it on consumption (say groceries) rather than investment (say purchasing an extra rental property).

The water company said lots of people (landlords) submeter, so I'm sure it's not too uncommon.More than anything, I just want each tenant to be responsible for their own consumption.

- wages start to increase, squeezing employers, and increasing prices - after a long cycle of easing credit and fierce competition among financial institutions for lending business, and consumers & investors stretching themselves more, credit terms start to tighten again - the Federal Reserve increases interest rates, increasing the cost of borrowing - usually, oil/energy prices increase with increased US & global consumption, increasing costs across industries- consumers got used to the wind at their back and got used to it.

Commodity prices and their relationship to consumption is probably more than anyone wants to go into here.

Its reporting features are adequate (and under improvement with the new drill-down capability they say they'll be launching soon), and if I were to be able to sync into QuickBooks, that would just add one more step and result in additional time-consumption.

;decreasing operating costs - this can be as simple as finding a cheaper snow removal or landscaping service; switching to low-flow plumbing fixtures to reduce water consumption; or  more involved projects such as improving the air sealing and insulation of the building envelope to reduce heating costs or expanding the number of rentable units in the property.luck{?}

Options to Sub-meter Water in a Multi-family buildingHello,The primary reason why an owner sub-meters their Multi-family property: Based on our 20 + years of sub metering experience throughout the US, …Unlike RUBs (charging water/sewer based on hot water ratio consumption, occupants, fixtures or size of the home) were the conservation factor is often short lived ; The tenants’ water/sewer usage will drop by 25 to 35% when the tenants are responsible for their own water use; As an owner you will be promoting water conservation and working with your residents to mitigate future rental increases, as the water/sewer costs are no longer a rental component.We’re here to answer your water sub-metering questions.

Do you not have a line in the rental agreement anywhere that says something to the effect of "utility costs per unit shall not exceed reasonable and fair usage for individual consumption, any amount in excess of this shall be charged back to the tenant."