According to the Washington Examiner, water bills are set to triple this upcoming year. This could mean sky rocketing utility bills for owners of multifamily and commercial properties that are not submetered. The American Water Works Association explains that the rise in water bills will occur as a result of fixing and expanding underground drinking water systems. The systems will cost over $1 trillion in the next 25 years.
Is your organization prepared to deal with this type of water bill increase? Utility submetering can transfer the responsibility for water bills directly to residents, which will encourage them to conserve water and dramatically decrease operating costs for your property. Learn more about your options by visiting our water submetering solutions page.