| Water Conservation for Apartment Property Management | |||
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| Water conservation is the maximization of processes, habits, and equipment to minimize water usage, thereby minimizing water cost. As fresh water coming in is waste water going out, sewer usage and costs are also minimized by water conservation programs. For property management, water conservation results in the controlling and minimizing of what is typically a top five property management operating expense. A properly managed apartment water supply system gives greatly increased property value to apartment owners and managers. Developing a water conservation program addresses three areas: habits, equipment, and monitoring. |
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| A useful tool for water conservation is submetering, where individual submeters are placed in apartment units, and residents are billed back for their water and sewer usage. While this typically returns 80 to 100% of the water and sewer expense to management, it also significantly reduces water consumption. Another related area for property management to consider is water billing rate and usage analysis, where rates applied by the primary municipal supplier are verified as accurate. Experience tells us that significant over-billing errors or excess usage problems occur on average every four years for most apartment communities. Other locations have chronic high water bill issues. Argen’s service to clients has resulted in numerous large credits and refunds to client water bill accounts. |
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