Water metering cuts costs 15-30% in multifamily properties by eliminating tenant subsidies and revealing waste. Instead of flat-rate billing where wasteful tenants get subsidized, metering bills each unit based on actual consumption.
At LeakSense, our water metering systems provide an innovative solution tailored for multifamily apartments. With the capacity to transform water usage visibility and tenant billing, property managers can enjoy an average of 23% reduction in water costs—falling comfortably within the broader industry range of 15-30%. Furthermore, our systems align with the rigorous standards of California’s Title 24, ensuring compliance across all tiers.
Why Property Managers Switch from Flat-Rate to Metered Billing
Flat-rate billing might seem straightforward, but it often masks inefficiencies and unfair cost allocations. Imagine overseeing a 200-unit complex in San Diego, with varying family sizes and water needs. Flat rates often mean high-consuming tenants are subsidized by those who use less, creating frustration and inefficiencies. By adopting water metering, you enable fair per-unit billing, eliminating tenant subsidies, and encouraging conservation through direct accountability.
Opt for the Basic Metering tier, starting at just $4/unit/month for WiFi connectivity, to pave the way for more equitable billing practices.
The Real Cost of Subsidizing Wasteful Tenants
Consider a scenario where a 200-unit building saves around $40,000 annually by switching from flat-rate to metered billing. With LeakSense’s system, every tenant is billed based on actual consumption, which not only fosters a culture of conservation but also enhances the building’s net operating income (NOI) and property value.
The Advanced Metering tier elevates this by integrating automatic leak detection at $6/unit/month (WiFi), ensuring that water wastage—such as a running toilet wasting 3,000 gallons annually—is swiftly identified and addressed. This not only saves costs but also addresses the root causes of inefficiencies.
Battery Life That Actually Lasts: 4.5 Years vs. 6 Months
One of the standout features of LeakSense systems is the optimized battery life, ranging from 1.4 to 4.5 years, thanks to our Particle Photon 2 technology. This significantly reduces the total cost of ownership by minimizing the frequency of technician visits, a marked improvement over the industry standard of 6-12 months.
This longevity is particularly valuable for property managers juggling multiple responsibilities across large estates. Professional installation, which takes merely 45-60 minutes per unit, is included with each system, ensuring minimal disruption.
WiFi or Cellular: Which Connectivity Works Best?
LeakSense offers both WiFi and Cellular options across all product tiers, providing flexibility to meet the specific needs of different building infrastructures. For older buildings, or those with unreliable WiFi, cellular connectivity offers a robust alternative, albeit at a slightly higher cost ($8/unit/month for Basic).
Choosing the right connectivity ensures uninterrupted data flow and accurate billing, reinforcing the system’s reliability and your peace of mind. Explore connectivity choices in more detail on our product page.
What California's Title 24 Means for Your Property
California's Title 24 energy standards are among the most demanding in the nation, aimed at reducing energy and water consumption. Compliance is not just a legal necessity; it’s a competitive advantage. LeakSense water metering systems are fully Title 24 compliant, supporting property managers in meeting these standards effortlessly.
This compliance is a testament to our commitment to sustainability and efficiency. For more information, visit our California compliance support page.
The journey to efficient water management in multifamily properties is paved with strategic decisions that can markedly improve operational outcomes. By choosing a system like LeakSense, property managers are not just investing in a product, but in a comprehensive solution that delivers both cost savings and sustainability. Property managers can compare LeakSense's three metering tiers to find the right fit for their properties. For more personalized advice, contact our team today.
