Condominiums and commercial buildings with electrical “master meters” can minimize operating costs and reduce energy consumption by submetering common areas, owners’ units and mixed-use vendors, as well as parking structures and retail spaces.
Submetering not only fairly allocates the cost of electricity; it encourages residents in each unit to conserve energy. Depending on the property and the occupants’willingness to change their behavior, electricity reduction can range from 10 to 25 percent.
Hawaii Energy offers a substantial incentive of $150 per unit (up to 50 percent of the total project cost) for submeters used for billing. The cost of submetering ranges from $350 to $550 per unit, with monthly billing service fees from $1.50 to $5 per bill.
Starting your search for a submetering vendor?
Note: The list is only provided for your convenience. Hawaii Energy does not and cannot endorse or warrant any vendor, manufacturer, product, installation and/or maintenance. Conducting your own thorough due diligence is the recommended approach.