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Submetering water in multi-family and commercial properties is no longer an option for property owners in the state of Georgia. The recently approved Water Stewardship Act makes Georgia the first state to pass a law requiring that all multi-family and commercial units are submetered by July of 2012.

According to MHN Online, California and Texas are not far behind in adopting plumbing standards similar to those in Georgia. The standards will not take effect in California and Texas until the year 2014. However, the San Diego, CA city council recently approved an ordinance requiring newly constructed multi-family properties with three or more units in the city to install water submeters, which went into effect June 1, 2010.

The desire for mandatory submetering stretches beyond American borders. Toronto, ON has also seen a great amount of lobbying for a proposed Energy Consumer Protection Act. The act would enforce that all newly constructed properties are submetered and voluntary in existing buildings.

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 A survey conducted by the National Apartment Association has determined that 76% of adults feel that there are advantages to renting in the current real estate market as opposed to owning. These results show a five percent increase from the NAA 2008 survey.

Out of the 76% of residents that feel as if renting is the best choice for now, 60% state that they will either remain in their current rental unit within the year, or will rent from another unit. Only 16% of those polled were even considering purchasing a home within the year. With the majority of residents having no plans to leave multifamily rental units, now is the perfect time to consider submetering your multifamily property.

According to the property managers surveyed in a study conducted by the Association of Residential Property Managers (NARPM) and GreenPropertyManagement.com, 45.5% of residents have expressed interest in renting greener properties, with the amount of environmentally conscious residents steadily on the rise.

Interested in learning how to make your property more energy efficient to attract residents and save money this heating season? Submetering is an environmentally friendly practice that promotes conservation while increasing your property value. Contact WaterWatch today to learn more about our water, gas, and electric submetering services.

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In today’s society, the Energy Star label has become a universal symbol for energy efficiency. Participating in the Energy Star Challenge is an excellent way for your organization to take responsibility in conserving energy, while becoming recognized by an increasingly environmentally friendly public.

The Energy Star Challenge program is one of the first steps your organization can take towards earning an Energy Star label.  The challenge program encourages businesses to track their energy usage, create plans for energy improvement, and install energy efficient upgrades. Energy Star also encourages you to share your green actions with the public, and provides promotional marketing materials for your business to utilize in their extensive Energy Star Toolkit available for free online.   

Current participants in the Energy Star Challenge are diverse, ranging from multifamily housing properties and corporate office complexes to hospitals and retail centers. For a complete list of participants visit the Energy Stare Challenge website.

If you are interested in tracking your energy usage to participate in any Energy Star programs, feel free to contact our partners at Utility Bill Manager. UBM offers several solutions to help your organization monitor energy usage and provide the necessary reports to Energy Star programs.

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