In today’s technology-driven world, the use of remote water and electricity meters is becoming increasingly popular among property owners, body corporates, home owners’ associations and property management companies. These meters offer a range of benefits that can help save money and improve overall efficiency.
Cost Savings
One of the biggest benefits of remote water and electricity meters is the cost savings they can provide. These meters allow property owners to monitor their usage in real time, which can help identify and address any issues that may be causing excessive usage. This can result in significant savings on utility bills.
For example, a study by the American Water Works Association found that the use of remote water meters in a residential community led to a 15% reduction in water usage. Similarly, the Australian Energy Regulator found that households using remote electricity meters reduced their energy consumption by an average of 4%.
No more unnoticed burst pipes while tenants or property owners are aware ‒ or are merely blissfully unaware.
Improved Efficiency
Remote water and electricity meters also improve overall efficiency by providing property owners with detailed usage data. This data can be used to identify patterns and trends in usage, which can help identify areas where improvements can be made.
For example, if a property owner notices that their usage is highest during certain times of the day, they can take steps to reduce their usage during those times. This can include turning off lights and appliances when not in use or scheduling a maintenance visit to address any issues with the property’s plumbing or electrical systems.
Convenience
Remote water and electricity meters also offer convenience to property owners. These meters allow property owners to monitor their usage from anywhere, at any time, using a smartphone or computer. This makes it easy to keep track of usage and identify any issues that may need to be addressed. In addition, many remote water and electricity meters come with an app that can be used to track usage and receive alerts when usage exceeds a certain threshold.
Our Thoughts
We believe remote water and electricity meters offer benefits that truly add value to property owners, body corporates, HOAs and property management companies. These meters can help save money on utility bills as well as huge operational costs. A lot of manhours, driving time and carbon footprint are required for the manual monitoring of meters.
The overall efficiencies achieved are profound, and the resources saved can be redeployed in other areas. In addition, the convenience given to property roleplayers reduces work pressure and gives peace of mind.
If you’re a property owner or part of a management company and you are definitely losing out by not using remote water and electricity meters, consider making the switch today. Book a free first consultation with us today!