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Post by emoncustomer on Jun 19, 2008 9:35:20 GMT -5
What is Tenant Billing and Cost Allocation?
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Post by Suzy Abbott on Jun 19, 2008 9:41:05 GMT -5
Tenant Billing consists of installing energy submeters on each tenant space and allocating actual energy costs back to individual tenants. Basically, you're billing tenants for the energy they actually use instead of estimating or including energy costs in leases. By holding tenants accountable for their usage you may see an overall reduction of energy costs for the facility as users tend to reduce their usage if they are held accountable for it.
Cost allocation consists of installing energy submeters on specific areas within a facility and "billing back" for actual energy usage. Allocated costs may be billed to departments, buildings, common areas (CAM) or pieces of equipment. Cost allocation allows users to accurately evaluate energy usage to implement cost saving and energy conservation measures.
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