Ontario’s auditor general is calling for a closer look at the unregulated fees that electricity customers in multifamily buildings pay to unit sub-meter providers.

The volume and sum of Tribunal admin charges exceed most other tolls tied to commercial real estate and/or professional and skilled personnel who work in the industry.

In practice, the Ontario Energy Board has never exercised its authority to set electricity rates for sub-metered residential units because it has been finalizing a methodology for carrying out the new responsibility, which came into force in the spring of 2018.

Water sub-metering is fast becoming a method of choice among Canada's industry stakeholders who wish to reduce their property's impact on the environment.

Industry proponents of sustainability are looking beyond buildings and thinking on a larger scale with low-impact communities.

Peter Mills, Co-CEO of Wyse Meter Solutions, reports on the latest advancements in sub-metering and how it is reshaping the multifamily space.

Wyse has announced a partnership with FCS Development Corporation to deliver turnkey submetering solutions to The Quad at York – a new, pre-eminent and purpose-built student housing community on the York University Keele Campus in Toronto.

Sub-metering hands over control of the energy bill to the consumer, creating a direct financial incentive to reduce consumption and leading to economic and environmental benefits.