The Energy Conservation Responsibility Act was recently modified, there is no longer a requirement that all condominiums in Ontario be submetered by 2010. However, there will be further modifications to this act and it is expected that this deadline will be reinstated. Traditionally, condominium residents have paid for utilities as a component of their common element fees, regardless of how much they consumed.

Smart submeters are Measurement Canada approved electricity meters that measure consumption of each unit within a residential building. Owners are billed only for the electricity they use, resulting in a more fair allocation of costs.

Smart submeters are attractive to residents for a variety of reasons. Smart submetering allows each individual resident to control their expenditures on utilities while providing them with a method of helping the environment by conserving energy. Smart submeters raise the value of properties because residents know they give them the tools to save money and help the environment.

Stratacon offers a variety of payments options for the installation of Smart Submeters.

Contact Stratacon today for your no obligation consultation.