Assumes Rent or Monthly Fees remains at the same rate, and utilities are assessed on top of current rent after retrofit
Water/Sewer Cost Recovery Calculator
Cost Recovery Method – this method takes the money being spent out of pocket on a utility and dedicates it to paying for the submetering system. This is possible because the submetering system allows residents to pay for the utility directly, which places the currently budgeted money back into your bank account.
*This is an estimated cost. The actual cost of a submetering system will vary depending upon a number of factors.
Based only on Reductions in Consumption
Cost Reduction Recovery Calculator
Cost Reduction Method – Statistically, installing submeters will reduce consumption by 20-40%. This method takes the utility savings and dedicates it to paying off the submetering system.
*This is an estimated cost. The actual cost of a submetering system will vary depending upon a number of factors.
