| Tenant Submetering: |
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Tenant submetering refers to
the installation of hardware and software to gather
information on utility usage (electric, gas, water,
steam) by tenants within a building. Many commercial
buildings have only a single meter for electricity (or
other utilities) and the cost of energy is allocated to
tenants on a per square foot basis. This method can work
well unless there is volatility in the market price of
energy or (more importantly) the energy usage of one or
more tenants varies from the rest due to different
operating schedules or higher energy density (BTU’s
per square foot). Changes in technology today make the cost of submetering individual tenants substantially lower than just a few short years ago. The development of hardware and software products focused on the submetering category combined with the availability of Internet connections makes submetering a cost-effective alternative for building owners trying to manage utility costs. |
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$Date: 2007/12/01 00:37:48 $ $Revision: 1.5 $ Contact Us |