Utility Billing & Submetering Services for Affordable Housing
Reduce Utility Expenses and Encourage Conservation
AmCoBi works with Housing Authorities (HAs) and other HUD-subsidized multifamily property owners to help them leverage the financial and conservation benefits of utility submetering and billing. Our goal is to help affordable housing providers:
- Reduce energy consumption
- Incent responsible energy use behaviors
- Reduce utility expenses
- Save money!
The Master-Metered Utility Opportunity
Many affordable multifamily housing complexes are "master-metered." This means that there is a single utility meter--water, gas and/or electricity--measuring usage for multiple residences. In master-metered properties there is no way to determine utility consumption on a per-unit basis. Utility expenses, therefore, are included in the contract rent.
Master-Metered Complexes Offer no Incentive to Conserve
The drawback of a master-metered property is that there is no real incentive for residents to conserve utilities. Those tenants who do use utilities responsibly, receive no financial benefit for their efforts. In fact, responsible energy users actually pay more for those who do not conserve.
If residents use more energy than what is covered by the utility allowance, the affordable housing owner or housing authority picks up the tab. Without a means to measure consumption, it's nearly impossible to determine if the utility allowance adequately covers each resident's utility expense.
Many affordable housing projects that accept Section 8 vouchers or are financed with tax credits cannot use Ratio Utility Billing (RUBS). Submetering is the best alternative to encourage all parties to participate in conservation.
Submetering Is The Fairest Way To Charge For Utility Expenses
Multifamily complexes that are "individually-metered" or "submetered" can accurately measure each resident's utility usage. This means that residents are only charged for the utilities they use. In a submetered complex, residents have more control of their total housing costs. Submetering also produces data that can be analyzed to determine if there are problems with heating/cooling systems, appliances, toilets, etc.
Utility Submetering Reduces Consumption by 15-35%
In conventional housing, when an owner transitions a property from being master-metered to individually-metered, tenants become financially responsible for the energy they use. In these cases, it's common to see a reduction in energy usage of 15-35%. These are substantial savings for owners and tenants.
|Submetering a multifamily public or affordable housing complex can have a bigger impact on reducing utility costs than any other energy efficiency investment available|
Housing Authorities and HUD-financed property owners looking for practical, affordable, and measurable ways to reduce utility consumption and save money, should submeter their properties. Submetering can have the single most significant impact on reducing utility costs in comparison to any other energy efficiency investment available. Submetering also provides a means to measure the effectiveness of other energy efficiency investments you make.
The AmCoBi Solution
AmCoBi is helping Housing Authorities and HUD-subsidized multifamily property owners implement submetering and billing solutions. The following is an overview of our approach:
- Conduct an onsite review of multifamily public and affordable housing to determine if submetering is an option
- Design and install water, electric, gas, and heat submetering systems
- Provide monthly utility billing services
- Monitor usage data to quickly identify water leaks, maintenance problems, or inoperable meters
- Provide submetering repair and maintenance services
- Identify and recommend practical and affordable energy efficiency improvements.
We're focused on helping affordable housing providers:
- Reduce utility costs
- Encourage resident conservation
- Simplify utility billing
- Save money and resources.
Contact us Today!
Give us a call to discuss your public or affordable housing complex.