Savings Await: Start Submetering at Your Commercial Property

As a business owner or property manager, you’re likely looking for smart ways to cut costs that don’t compromise the systems built into your company structure. One place to look to save a substantial amount of money is your energy consumption.  

Few strategies are as effective and appealing as electrical submetering. In this post from our electrical experts at Axiom Power, we discuss why your commercial property should start submetering to help save energy and some money too.  

Energy Isn’t Cheap 

If you run a multi-use building, take a look at your operating expenses. Odds are, energy is at the top of the list of operating expenses, with the US Government EnergyStar program showing it, on average, represents one-third of a standard operating budget. That’s a lot of money! 

It makes sense why building owners are seeking out ways to lower electricity consumption, boost building efficiency, and save costs. So... that brings us to submetering. 

What is Electrical Submetering? 

To start electrical submetering, you need professional installation of power meters, also known as power monitors or energy monitors.  

These monitors measure energy usage once it travels to the primary utility meter, giving property managers the ability to know exactly how much energy individual tenants, departments, or specific pieces of equipment are utilizing.  

The Benefits 

In addition to saving money, there are many more benefits to installing power meters. These include: 

• Accurate, real-time energy monitoring 

• In-depth analysis of facility energy data 

• Data to make better decisions to optimize energy performance 

• Detailed ‘no-guesstimation' record of energy usage 

• Comparison of energy usage across similar facilities 

• Tools to identify and remove energy waste 

• Ability to catch maintenance problems before critical equipment failure 

Need power meters installed at your commercial property? Reach out to our team of professionals at Axiom Power!  

Why Submeters? 

Submetering is a fantastic option for reducing energy costs. In fact, a body of research has shown that submetering to allocate costs depending on actual energy use is one of the most impactful ways to reduce consumption. 

Enough chit chat though because the real question is: how much can you actually save? 

One of the most thorough studies backing the case of electrical submetering was completed by the US Department of Energy in 2007 as a piece of the Federal Energy Management Program (FEMP). Just installing the meters resulted in a 2% reduction in energy use thanks to the Hawthorne Effect – aka people simply being aware that the meters were there.  

On top of that, by using the submetering to conduct a thorough analysis of energy usage, a company can reduce their energy usage by 15% to 45%! What a huge difference! 

Goodbye ‘Guesstimation’ of energy usage. Submetering has been proven to help commercial properties save between 15% to 45% of their energy usage. 

We’ve been in the industry a long time. Trust us, there are countless stories, both empirical and anecdotal, of the positive impacts of submetering. We can share a few when we come to look at your building; request an appointment with our commercial team led by Jose Rivera today.  

Worth the Investment 

While property managers may feel nervous that they would not see an instant return on their initial investment, several cases have shown that even the short-term gains of submetering are quite impressive.  

It’s not only effective for apartment tenants, but may be useful in a variety of settings from collaborative workspaces, multi-purpose buildings, factories, and more. If you like wasting money and energy, keep doing what you’re doing. But if you want to see profound, lasting impacts that reduce your spending and energy usage, submetering is the move for you. 

Learn More > Why You Should Hire a Commercial Electrician 

Stop Wasting Energy with Electrical Submetering  

Submetering is the process of dividing your energy measurements based on where the energy is being drawn from. It will allow you to more deeply analyze your energy usage as well as encourage tenants and employees to use less power.  

If you don’t want to take our word for it, do your own research and examine the countless studies that show the cost benefits of submetering. If you’d like to learn more about the process or are ready to install power submeters, contact our electrical team at Axiom Power!  

If wasted energy and money is your problem, we’re on it. After all, we see No Problems, Just Solutions.