Measuring, Allocating and Managing Utility Expenses in Mixed Use Developments

Measuring and allocating utility costs in mixed use developments is becoming a challenge as such properties are increasingly common, and grow more complex over time.

Measuring and allocating utility costs in mixed use developments is becoming a challenge as such properties are increasingly common, and grow more complex over time. How do you allocate utilities when there are multiple condominiums and commercial parties involved? What are the industry best practices for managing shared commodities? What is the impact on the metering solution and how do we ensure that the measurement is accurate and fair?

Demands from developers, shared facility managers and condominium boards to better understand and properly allocate utility costs are becoming common place, as legacy allocation methodologies are no longer able to address the needs of modern, mixed use sites.

Our panel of experts will share best practices for leveraging measurement technology to manage and bill multiple utilities (electricity, water, and thermal energy) through each phase of the development cycle, including legal agreements, design build, and ongoing operations and maintenance.