Encourage
Water Conservation
Economic Arguments for Landlords and Property Owners to Submeter Click to go directly to DLJ Meter information
Conservation is one of the strongest
arguments for submetering individual units in
a multi-family or business property.
Water conservation is a key issue in all regions,
not just those with water shortages.
The rising cost of water production and treatment
makes conservation a priority,
even where water is plentiful. Submetering gives tenants
the financial incentive to repair
leaks, install water saving devices, and reduce overall
water usage simply by not being
wasteful, not to ignore the potential revenue stream to the landlord.
Property developers, landlords,
mobile home community associations and owners, rv parks, marinas and property
managers who invest in submetering quickly realize a positive
financial impact. Submetering
allows the transfer of most of the water and sewer utility
charges to tenants, generally
without increasing rents. The sewer utility cost based upon
water usage is very often a
multiple of the water cost so the cost savings can be impressive.
Tenant conservation reduces
a property's utility charges, improving net cash flow.
Property value, for resale or
refinancing, is increased significantly by the profit and cash
flow improvement that submetering
generates.
In addition, tenants appreciate
the fairness of paying for only their usage, and avoiding
rent increases driven by other
tenants' excessive water use.
Our submeters are easy to install
as they are compact, have shiny durable epoxy coating.
Their appearance attests to
their quality,and they won't tarnish in an exposed area.
We have easy to use installation
kits on our Installation Adapter Kits Page
We have customers that have recovered
the costs of these meters in 30 days, yes, 30 days,
even when they did not pass
the water and sewer utility costs on to the tenant. It is not
unusual for water usage to drop
by 75% when tenants know that their usage is being
monitored and may result in
a pass-through that they will have to pay for in the future.