When transitioning a MHP to sub-metered tenant paying their own utilities: A new mind set has to be implemented; Including communications with the residents why their is a urgent need to curb the community’s ever increasing use and cost of water and sewer service; and gain the residents support to the community’s new proactive water conservation measures. We offer resident education as part of the transition process.
Many third party billing services, including our company Southern Water Management, allows a manager complete access to a utility billing cloud service, in which the manger simply inputs the residents’ meter reads, bills are generated, along with consumption comparisons, leak information;The manager can include the water/sewer bill with the rental invoice. Accounting and regulatory compliance is handle by the third party billing service. Depending on the number of accounts the cost is @ $5 per account billed to the resident.
Water and sewer consumption is 25 to 35% less when residents are responsible for their own use. In some cases, for going a rental increase in lieu of residents paying for their own water sewer service is more palatable than increasing rent annually just to stay even with the escalating utility costs. For example, say water/sewer runs $75 per home when the landlord pays, when the resident pays, the cost is $50, drop the rent by $50 (or for go an increase) the landlord is still better off by $25. Obviously, rental increases or residents paying for their own water/sewer is an uncomfortable situation, but is necessary to keep a MHP a viable business.
Let me know if you have any questions concerning sib-metering.