B2.8 Multi-family submetering *
Require submetering for multifamily buildings so residents can track energy use and to allow billing them for it.
The Fannie Mae Multifamily Energy and Water Market Research Survey collected comprehensive energy and water information from over 1,000 multifamily properties across the U.S. It found that when owners paid for all energy costs, median annual energy use was 26% higher than when tenants paid for the energy costs.
Companies like RealPage offer package submeter installation and monitoring solutions for new construction and multifamily retrofits.
In New York City, Local Law 88 will require large commercial building owners to install sub-meters in non-residential tenant spaces by 2025.