SpireCapture - Automatic Meter Reading System - Brochure

Submetering is the most accurate method of recovering variable utility costs in the multi-family housing market. By measuring each individual resident`s utility consumption and then billing them directly for their use, multi-family properties benefit from reduced variable utility costs, improved net operating income, and increased property value. Unlike ratio utility billing systems (RUBS), a submetering system tracks each resident’s monthly utility use, and a billing company provides a bill to each resident based on their personal usage. Submetering not only reduces a property’s operating expenses, but also encourages utility conservation among residents. Research shows that submetering generally yields conservation savings of 20% to 40%. One example is illustrated in the figure on the next page.