Published in Units, June, 2007.

Submetering once was a technology limited to REITs and large apartment owners. But today, lower costs are bringing submetering to IROs, too.

Apartment owners are business people driven by the bottom line and are unlikely to adopt new technologies in their communities without a tangible benefit to their books.

Today, water submetering is a technology that meets those requirements--- it has become a reliable, proven and cost effective way to increase a bottom line and reduce variable expenses.

Submetering has always been driven by the fundamental premise of transferring the variable utility costs to individual residents. As the technology evolved, manufacturing and installation costs have adjusted to the point at which even small- and mid-sized owners are able to cost-effectively submeter properties . . . keep reading.