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AMR submetering is a
best practice property management tool with a highly positive financial
impact. Through AMR submetering, property
owners: |
- Create a more competitive rental property with
a lower total combined monthly rent and utility service costs
- Fairly allocate costs of utility service according
to actual consumption
- Encourage conservation of water, gas, and electricity
- Detect leaks, sticky toilet handles, and other
sources of water waste
- Lower the cost of utility service to improve
profitability
- Recover tenant related costs of utility service
to improve revenues
- Achieve these benefits as a permanent property
improvement
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Financially, AMR positively impacts property cash flows and value
through (1) a lower cost for utility service and (2) an
increase in revenues from charging tenants for their consumption
of utility service. AMR submetering permanently improves the financial
structure of the property management, providing value over the property
lifetime.
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