Author Login | Popular Articles | RSS Feeds | Sitemap

Home | Business


Apartment Property Managers Focus On Water Conversation Through Sub-metering

By: Helen Christa

Water conservation is a growing trend among municipalities, townships and through-out the multi-family apartment industry. In a three year study by the â€oeNational Multiple Family Submetering and Allocation Billing Program”, the potential savings in the apartment sector from requiring residents to pay for their water consumption separately from their rent, found that billing residents for their water usage by direct metering could reduce annual water consumption by an average of 15 percent. This latest research supports the apartment industry’s known fact that people always place greater value on things that they pay for. Not only do residents use less water when they are paying for it, but it also makes them more aware of the importance of immediately reporting plumbing leaks. A balanced and well implemented utility billing program is one of those rare issues that water companies, regulators, water conservation groups, property management companies and apartment / condominium owners can all be united. American Accounting and Billing Service (AABS) a nationwide full-service utility billing company with the reputation for the lowest billing fees and highest-rated customer service department has compiled a few benefits of why apartment owners and property management companies should install automated meter reading (AMR) water metering systems.

Water sub-metering immediately increases property value and cash flow more than any other ancillary service or comparable capital investment.

A water submetering system provides for the fair allocation of the property’s water and sewer utility costs among its tenants (Allocation or Ratio Utility Billing do not always allocate fairly, according to the USEPA) so residents are happier. Tenants billed for actual water usage will be able to directly affect water consumption and utility costs by becoming more knowledgeable and responsible users.

Water submetering has been shown to decrease water consumption by as much as 8,000 gallons per unit per year according to the USEPA, when compared to non-metered properties thus conserving one of our nation’s most valuable resources.

Water and sewer rates and other utility rates are rising as much as 10% or more per year on average. Some areas of the country have seen water rates double in the last year. A water submetering project will protect the property owner from the rising water and sewer utility costs.

The property owner can increase the NOI immediately because payback is fast and monies formerly allocated for water and sewer utilities can be reallocated for maintenance and or renovation, a project which further increases property values.

These benefits are achieved without increasing the workload on the property’s staff and without the associated liability and costs of monthly visits by a utility meter reader.

Implementing a third party water sub metering billing program helps to conserve water and energy and protect the environment.

â€oeThere is no question that our business has grown steadily for the past five years because owners are now realizing that water and sewer costs can be avoided by putting in place a successful third party billing system” says Sam Kordares, AABS President. â€oeWe here at AABS are now expounding on the notion of water conservation through water submetering to include tapping into the municipality and township sector” Kordares says. Having everyone responsible for their own water usage is the first step to conserve one of earth’s most precious resources.

Article Source: http://www.articlesnatch.com

About the Author:
The author enjoys writing about a variety of topics concerning water conservation and the apartment industry. Apartment Utility Billing and Sub-metering

Tags: , , , , ,
| Print | Ezine Ready | |

Recent Business Articles

  • Need and Importance Auto Repair Sites By: Auto7 Repair7 - Need and Importance Auto Repair Sites These kinds of sites are very useful and very famous especially with the people in Monterey because there are people who do not want to go take their cars to the warehouses and wants to handle the small problems on their own. If one are in the need of an auto repair manual then one can get that for free and find out whatever information he needs from it.
  • LLC and Other Business Corporations By: Mira Williams - LLCs have now become quite popular, having first started in Central Europe. These are most beneficial for entrepreneurs who are just starting out, and get the major benefit of owning a registered legal company even if they do not have any partners. All you will need is some documentation formalities and pay up a small fee. There are many benefits associated with starting a LLC.
  • How to Evaluate Business Continuity Services By: Amy Nutt - Business continuity is a matter of business survival. If you're not sure what it is, it is what you do to make sure everything is up and running in the case of a disaster. Many companies have a business continuity plan, which means they will be prepared in case of an earthquake, a power surge, or another disaster that could keep them from doing business.
  • Tips for Finding Stylish Ladies Clothing Online By: Amy Nutt - When was the last time you battled your way through department store crowds just to find a nice outfit? The noise, the unhelpful staff, searching through racks and racks of clothing to find the right color and size, it can be a bit overwhelming.
  • The Key SEO Mistakes That You Must Avoid By: Jan Jorgensen - Optimizing a website for search engines requires a great deal of consistent effort. Many internet marketers dream of immediate success in ranking high on search engines, and they soon realize that this is not possible. This article presents the common mistakes which people often make in search engine optimization (SEO). • Failure to apply constant effort in optimizing a website for search engines.
  • 6 Tricks To Harness The Power Of Blogging To Increase Your Search Engine Ranking By: Jan Jorgensen - If you really want to succeed in internet marketing and increase your online profits through blogging, then you should follow these tips that will help you to make your blogging a success. Several factors determine how powerful your blogging can be in improving your search engine position. Blogs get picked up by search engines quickly , but you need to make sure that your blog is optimized for search engines. 1.
  • Make Money on the Internet without Investing a Huge Amount of Money By: Chris Robertson - Most brick-and-mortar businesses require a lot of start-up cash to get moving; but you can make money on the Internet with a minimal investment. A website costs very little to operate. Internet marketing is often very inexpensive. You can even start making money online as an auctioneer or by offering affiliate products and allowing someone else to handle the inventory and customer service.
  • Classroom Organization Tips: Flexible Solutions By: Sharon Mann - Classroom organization makes every task go more smoothly, and teachers have no excuses. In this article, you'll look at the different areas of the classroom - from student supplies and files, to your own desk - and explore ways to organize and maintain each one with readily available products. Specifics may vary; however, the following includes helpful guidelines from which everyone can benefit.
  • Online Currency Trading is Exploding with New Investors Due to the Fact so Many are Becoming Wealthy By: William R Alheim, Jr. - Never in the history of the world have so many people flocked to one market as they are doing today with Foreign Exchange Markets (Forex or FX.) The magnitude of the new investors entering the markets daily makes the San Francisco gold rush look pale in comparison.
  • If a Currency Software Trading System Cost too Much, Should I Buy it Anyway? By: William R Alheim, Jr. - This past week I received an email from one of my free weekly currency markets report subscribers asking me this question. I kind of shook my head and asked myself, "are you kidding me?" How can something cost too much that is going to make you far more money than original purchase price.

Comments

Search Ebay

Still can't find what you are looking for? Search for it!


Add to Google
ArticleSnatch Authors:
Member Login Sign Up Submit Articles FAQ Submission Guidelines Top Authors
For Publishers:
Most Popular Articles Ezine Notifications Article RSS Feeds Terms of Service
For Everyone:
Blog About Us Link to Us Contact Us New Stuff Link Directory Privacy Policy Sitemap Resources
Our Sites:
Free Magazines Book Your Hotel Stay Free MySpace Tools Massive Video Collection Broadband Speed Test
Click here to submit your free, permanent ads to TheFreeAdForum.com!

Submit Your link to the Open Link Directory Project

Copyright 2005-2008 MJE Sales, LLC. All Rights Reserved.
Proud member of the ArticleCkr Search Network Search Network!
ArticleSnatch.com is free for both publishers and authors to use and is supported entirely from advertising revenue.
Use of our service is protected by our Privacy Policy and Terms of Service.