When it comes to the dynamic between landlord and tenant, financial decisions are typically the most straightforward way to make or break the relationship, as both sides look to minimize their own costs. That is why taking advantage of a mechanism like the sub-metering of utilities is vital to help keep rental charges as fair as possible.
Let the contractors affiliated with Plumbers 911 show you how sub-metering can mutually benefit both landlord and tenant and why you should trust a professional to update the system in your rental unit(s).
Fair and transparent billing
When a property owner decides to sub-meter units, individual devices are installed to read and track the usage of water (or gas or electricity) within each unit. This means that each tenant will only be billed for the exact amount they consume. It also avoids costs being estimated for the entire property within the rental agreement and ensures no one is forced to pay more than their fair share of the bill.
Less burden for landlord
When each tenant is responsible for paying their own portion of the bill, the landlord is essentially subcontracting out the work of calculating and collecting payment through a sub-metering company rather than spending the overhead to do so themselves on a monthly basis.
Individual responsibility can also help limit tenant complaints or the need to raise rent in the case of a skyrocketing water bill, as it is no longer the burden of the entire property.
Increased energy efficiency
Sub-metering allows tenants to measure and take control of their own energy consumption and the associated costs. Tenants with this ability are more likely to invest in energy-efficient appliances and practice responsible usage, which will ultimately lead to reduced utility costs and a more sustainable property and environment.
Faster diagnosis and repair
When you experience an emergency within a rental property, you naturally want it to be taken care of as quickly as possible. Sub-metering allows things like spikes in usage, a common sign of water leakage, to be easily identified with access to real-time, unit-specific information to pinpoint the problem immediately, rather than the need to investigate the entire property. This can significantly reduce further damage and the costs to repair or replace whatever is going wrong.
Trust Plumbers 911 for your sub-metering installation
Sub-metering is a win-win solution for both landlord and tenant, fostering a harmonious relationship built on transparency, fairness and sustainability.
If you are interested in sub-metering your own rental property, you can easily get a referral to one of the professional plumbing contractors affiliated with Plumbers 911 who can help you choose and install the best system for your needs.
Plumbers 911 is a referral service affiliated with the best local plumbing contractors who are licensed, bonded and insured. They employ highly qualified plumbing professionals who receive over 10,000 hours of training and submit to rigorous background checks.
Find a local Plumbers 911-affiliated professional in your area today.