Condos Submetering in Cambridge
Submetering gives every condo owner visibility and control over their electricity use. No more equal splitting of bulk bills. Each suite pays for what they actually use.
Benefits of Condos Submetering in Cambridge
Each unit pays for their own consumption
May help reduce common expense contributions related to electricity
Encourages conservation among unit owners
Clear, itemized billing for every suite
Zero capital cost to the corporation
Full service: billing, collections, customer support
Cambridge Utility Information
Cambridge is served by Cambridge and North Dumfries Hydro. Voltage Vision works alongside Cambridge and North Dumfries Hydro to provide submetering services for condos in the Waterloo Region region.
According to a Navigant study, sub-metered buildings may see up to 40% reduction in suite electricity consumption.
Utility pass-through charges from Cambridge and North Dumfries Hydro are passed through with no markup, as required by the OEB Unit Sub-Metering Code. Voltage Vision service charges are separate and clearly disclosed.
Condos Submetering FAQ for Cambridge
Does the condo board need to approve submetering?
Yes. A board resolution is typically required to proceed with submetering. The decision process varies by corporation, and we can assist with the information boards need to evaluate the option.
What happens to the common area electricity?
Common area electricity (lobby, corridors, elevators, parking, mechanical systems) remains on the building's bulk account. Only in-suite consumption is shifted to individual metering.
Will condo fees go down?
When a significant portion of electricity cost moves to individual suite billing, the electricity component of common expenses may be reduced. However, common expense budgets are set by the board and consider many factors.
Other Building Types in Cambridge
Related Services
Ready for Condos Submetering in Cambridge?
Free building assessment. No commitment, no cost.