Sub-Metering Solution for Properties (IMD)

Sub-Metering Solution for Properties (IMD)

Utilizing our WebIoT Platform you can gain the edge over your properties energy and water consumption through Sub-Metering and individual charging.
Sub-Metering, or Individual Metering and Charging, enables you to measure and charge the consumption of energy and water per individual apartment. Meaning that tenants pay for the energy and water that they themselves consume. Implementing Sub-Metering through our platform also increases the property owners insight in several parameters connected to energy and water consumption.
Besides rectifying uneven consumption and collective charging of tenants, Sub-Metering will also allow for:
• Accurate monitoring and recording of real-life energy and water consumption without estimates
• In-depth insight of facility energy data
• Energy and water usage comparison across properties over time
• Identification and elimination of wasted energy and water
• Early information regarding where maintenance is required before equipment failure and damage
• Better information for decision making to optimize energy performance

Challenge or problem: Consumption of water and electricity varies naturally among tenants in an apartment building. In a prefect world, this should be reflected in the individual tenants utility bill. The scenario for owners of none sub-metered properties is usually a collective utility bill, where all tenants pay the same amount, or pay based on the size of the rented space. Meaning that tenants can often be paying for energy and water that they do not consume themselves. Due to a lack of insight into their own individual consumption, tenants usually have few to no incentives to make adjustments to their usage patterns. This often leads to Deploying a sub-metering solution also increases the level of insight a property owner has over consumption related data coming from their buildings. Owners of non sub-metered properties typically lack insight, which can result in higher fixed costs across facilities, and a view of energy performance and consumption that is based on estimates rather than real-life data.
Solution: Individual metering of each tenant’s consumption, visualized and managed in our WebIoT platform. Enabling property owners to analyze and optimize several parameters regarding energy and water consumption.
Result: Tenants are billed for their actual consumption. Property owners gain insight and awareness regarding facility energy performance, energy consumption and water consumption. This increased insight based on real-life data can help property owners become more efficient. Common results of implementing a Sub-Metering solution are therefore; reduced fixed costs, a reduced environmental footprint as well as more fairly charged tenant base.
Platform(s) Included in IoT Solution: WebIoT made by iioote: IoT Platform
Device(s) Included in IoT Solution: Selected devices suitable to metering requirements
Industries (Solutions):
Focus: Sub-Metering
Agriculture
Cities & Municipalities
Health & Healthcare
Infrastructure
Energy & Heating
Logistics
Manufacturing
Production
Properties & Buildings
Retail
Security & Safety
Other
Geographical market:
Sweden (+ Nordics)
United Kingdom
Ireland
Access technology: LoRaWAN
External information: https://iioote.com/en/
Certified members: IIOOTE
Contact information: info@iioote.com
Company description: iioote are IoT-specialists with more than 100 years of combined IoT/Telecom expertise from e.g. Ericsson, which includes deep knowledge of the entire ecosystem with IoT platforms, connection regardless of technology and sensor selection, as well as specialist expertise in building, construction, and industry. The IoT platform WebIoT made by iioote with integrated AI is the future proof solutions hub with support for multiple technologies enabling more than 40 smart IoT solutions and growing.
Company website: https://iioote.com/
Listing created Oct 5, 2021

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