Stop Paying Your Multifamily Property’s Entire Water Bill.
PPM helps multifamily owners recover eligible water and shared utility expenses through affordable submetering, tenant billing, and ongoing property management.
Calculate Your Potential Utility Savings
See how much your multifamily property could potentially recover each year through PPM’s water submetering and utility billing program.
Estimates are illustrative and assume full recovery of eligible charges. Actual results depend on tenant collections, occupancy, billing eligibility, lease terms, and applicable regulations. Equipment, installation, and other expenses are not included.
Is Your Multifamily Property’s Water Bill Eating Into Your Profits?
For owners of multifamily properties with a single master water meter, utility expenses can become a significant financial burden.
Every month, the property owner receives a bill covering water consumption throughout the building, often accompanied by sewer charges, recycling fees, and other fixed utility expenses.
Even when individual tenants use different amounts of water, the property owner may be responsible for the entire bill. Over time, those expenses add up.
Consider what your property may be spending annually:
Monthly Utility Bill Annual Expense
$400 $4,800
$750 $9,000
$1,000 $12,000
$1,500 $18,000
$2,000 $24,000
For multifamily investors, these recurring costs can substantially affect operating income.
What if your property could recover much of that expense instead?
Affordable Water Submetering With Ongoing Utility Management
PPM Services of Florida partners with SimpleSUB to provide water submetering solutions for multifamily properties under our management.
Instead of installing separate municipal water meters for every unit, we coordinate the installation of individual submeters that measure water consumption while the property retains its existing master utility account.
Our in-house maintenance team handles installation, and PPM administers the ongoing tenant billing process.
How Our Program Works
1. Property Evaluation
We review your property’s configuration, number of units, current utility expenses, and suitability for submetering.
2. Affordable Submeter Installation
Through our SimpleSUB partnership, we coordinate individual water submeters for qualifying units using our in-house maintenance team.
3. Individual Water Usage Billing
Water consumption is measured at the unit level, allowing tenants to be billed according to their recorded usage.
4. Shared Utility Expense Allocation
Where permitted, eligible shared expenses—including sewer, recycling, and master meter charges—can be allocated among tenants as part of the billing process.
5. Ongoing Administration
PPM handles recurring tenant utility billing, meter adjustments or repositioning when necessary, and ongoing management of the program.
The result: A practical opportunity to recover eligible utility expenses that would otherwise remain part of the owner’s operating costs.
A More Affordable Alternative to Separate City Water Meters
For many multifamily property owners, the cost of installing separate municipal water meters has made individual tenant billing seem financially unrealistic.
Traditional municipal meter installations can involve city connection fees, plumbing modifications, contractor expenses, and substantial upfront investment.
PPM offers another option.
Example: A Four-Unit Multifamily Property
Traditional Municipal Meter Installation
-Approximately $5,000 in estimated city-side costs
-Additional plumbing contractor expenses
-Project costs vary depending on property configuration and local requirements
PPM’s SimpleSUB Solution
-Approximately $300 per unit for submeter equipment
-Approximately $1,200 in equipment costs for four units
-Installation performed by PPM’s in-house maintenance team, with applicable installation costs
That’s an estimated $3,800 difference in the compared upfront amounts before installation expenses.
Unlike separate municipal meters, submeters allow the property to retain its master utility account while tracking individual unit consumption.
For qualifying multifamily properties, this can make utility expense recovery far more financially accessible.
Cost examples are approximate and based on PPM’s experience and estimates. Actual equipment, installation, municipal, and plumbing costs vary. Submeters and separate municipal utility accounts are not identical systems.