Owners & Condo Boards

Suite Metering helps owners and condo boards alike, control and reduce operating costs.

Are you concerned about increasing maintenance fees? Tired of offsetting your neighbours’ high electrical usage? Suite metering can help.

Pay for what you use.

Suite metering is designed to give condo owners and renters direct control over their energy costs. Without suite metering, utility charges are typically calculated by the square footage of each unit, regardless of how much electricity, water, or gas is being consumed. With suite metering, you pay for what you use.

Conservation becomes easier than ever

With suite meters you will be able to take advantage of incentive-based energy conservation programs to maximize your energy usage dollars. Studies show that those who pay their own electricity bill tend to use less electricity, typically saving approximately 20 per cent.

Slow down rapidly increasing maintenance fees.

Electricity is the single biggest cost in almost any condominium corporation budget. This is directly linked to increasing your maintenance fees as costs continue to rise dramatically.

When a building is metered, building management becomes responsible for only common area usage. The resulting budget is lower and more predictable, which makes for more stable cost management and lower maintenance fees.

Metering increases the value of the building.

Lower maintenance fees are a result of unbundling the suite electricity costs. This is becoming more important because of the need to compete with the large numbers of condominium units built in the area since January 2008 – all of which are individually metered.