Submeter for Business

Toronto Condos

Suite Metering, also known as submetering, is a simple, no-cost way to lower your operating costs and build a culture of conservation. Once each suite has its own submeter, condo owners can benefit from their individual energy conservation efforts, while condo boards and property managers eliminate the financial risks associated with managing bulk electricity costs.

Conservation with benefits

Traditionally, individual owners collectively share the cost of electricity. If a neighbour leaves the TV on while they’re at the gym, the entire building absorbs the cost. With a submeter, each suite pays only for the power it uses, not for what the neighbours use. Those who consume more, pay more.

Condo Boards

Whether you’re a property manager or sit on the board, a submetering system comes equipped with many benefits:

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More predictable
energy costs

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Lower operating
expenses

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Reduced common fees

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Improved transparency
and fairness

End-to-end installation

Switching to submetering is seamless, and all at no cost to you.* Our turnkey service includes:

  • FREE assessment and system design
  • Project management
  • Installation by licensed electrical contractors
  • Convenient conversion scheduling to minimize disruption
  • Post-conversion report, showing the difference between units and common area electricity consumption to aid in the recalculation of common area maintenance fees
  • Account management, including meter reading, maintenance, billing and collection

More ways to save

Get financial incentives to lower electricity use and boost your bottom line. Once you become a Toronto Hydro customer, you’ll have access to funding for:

  • Hallway, lobby and garage lighting upgrades
  • Garage fan CO sensors to activate motors only when necessary
  • HVAC, boiler and chiller system upgrades
  • Fan coil replacements
  • Thermostat upgrades
  • LED upgrades in suites

Residents or board have questions?

Let’s organize an information session! A Toronto Hydro Energy Expert can come to your building, answer everyone’s questions and leave helpful materials for owners to read.

*Subject to a site review and approval

Builders

As demand for smart buildings increases, submetering will play an important part in any new build. Work with the confidence that comes from our history of delivering safe and reliable electricity for more than 100 years.

End-to-end installation

Switching to submetering is seamless, and all at no cost to you.* Our turnkey service includes:

  • FREE assessment and system design
  • Project management
  • Installation by licensed electrical contractors
  • Post-installation account management (meter reading, maintenance, billing, etc.)

*Subject to a site review and approval

Build extra value into any new project

  • Enjoy predictable energy costs
  • Significantly reduced operating expenses
  • Lower common area fees
  • Potential for higher resale value of units
  • We calculate only the estimated common area demand vs. the whole building demand for the letter of credit required for connection, reducing your capital contribution should the building not attain the projected load when occupied

The Toronto Hydro Advantage

With Suite Metering, owners become individual Toronto Hydro customers. They receive a regular bill and enjoy the same quality service as our other 700,000+ valued customers, which includes:

  • Full customer service support
  • Online access to My TorontoHydro® – a fast and secure way to manage bills, payment history, account details and more
  • A personal TOU dashboard to monitor and manage electricity usage
  • Access to energy conservation programs and incentives
  • Move in Assistant

Success stories

See how making the switch to Suite Metering is already helping people save:

Cape Property Management Ltd.

Questions?

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Contact our Energy Experts to learn more about the benefits of Suite Metering.

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Are you a homeowner?

Visit our Suite Meter page for residential customers.