Looking at a 4-unit office building where each suite is individually metered but there's also a master meter for common areas. Owner pays the master meter ($400/month) and tenants pay their individual meters ($800-$1,500 each). Seems like there might be some cost allocation issues here. Anyone dealt with similar setups?
Small office complex - individual meters vs master meter
I see this setup a lot. The key is making sure the master meter rate is appropriate for common area usage and that there's no double-billing for shared services like HVAC that might serve multiple units. Check if the individual meters should be on a different rate class too.
That's exactly what I was thinking Omar. The individual suite bills seem high relative to their square footage, makes me wonder if some shared HVAC costs are being allocated through individual meters rather than the master. I'll dig into the load profiles.