Separate Electric Meters | Split Hydro | Purpose Built Second Suites | Rental Property | Explained
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- เผยแพร่เมื่อ 10 ก.พ. 2025
- Should you separate electric meters for your rental properties?
It's easy to manage utility cost issues when you have a single tenant on your property. They pay for all electricity use, full stop. It gets tricky when you have a secondary suite with two separate tenants.
Here is why two separate electrical meters just make sense for your second suite conversion.
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How much does it cost?
How much it costs?
Great video Andy! The one thing that confuses me a little are the common areas ( garage, outside lights and receptacles,etc). On what meter would these traditionally be on? Would a 3rd meter be required to account for that power usage? I hear that the landlord usually has to pay for that but how would they know how much unless it was separated? Probably a question better suited for a property management company but food for thought. Thanks again for your thorough advise and knowledge! Greatly appreciated!
Thanks John! Usually main, but more and more, people are starting to separate them on their individual meters and even doing locks on them to secure electrical consumption. I don't think PM companies really know much about these - it's more incumbent on the landlord to figure out the best market solution. I probably wouldn't do a 3rd meter for common items.
@@suiteadditions Nice video Andy!! what is estimated cost for installing one? I am planning to rent out the main floor as I legalize the basement slowly to rent out later. Should the basement have to finished to to do this?
Great video Andy! Just wonder if you know much complex is it to split panels for each floor that is currently in the basement and cost of moving/routing all wires to the main floor electric panel?
Great content Andy, nice two meters. If there is 200 Amps service from utility company, 100 amps for 1 unit, 100 amps for 2nd unit, and you plan to build a garden suite in the future, how would you split the amps among the three? 67+67+66=200? Or you end up have to upgrade service from 200 amps to 300 amps, so you can have 100+100+100 for each?
Thank you! Usually it's 200 amps or 400 amps. In terms of individual meters it's usually 60 or 100. Depending on load calculations the sum of individual meters may be greater than the service coming in. Your electrician can get this info for you.
Thank you Andy, I will talk to my electrician. It looks really nice to have two separate meters, so the tenants could pay their bill separately. This project was purposely built for two units, I am curious if you convert existing single family house into duplex, would you do 2 meters from Hydro or just 1 meter from Hydro (then maybe self install a sub meter for 2nd unit)? Thank you!@@suiteadditions
Great video. It is a good idea to split the hydro. But., how do you split the Air Conditioning in this case (if you have one A/C system to cool the whole house - both the upper and lower level) ?
Usually connected to upper panel because basement is cool anyways
how much it cost for separate meter ? how much city charge for this ?
If all units share the same HVAC, should that be on a 3rd meter?
You have to choose one. Or, you could do mini splits and create dedicated HVAC for each unit. People will probably prefer having control anyway
How much does that cost!!!!!?
Alternatively, can you get sub-meters, not read by the utility, but with data sent thru bluetooth / internet so you can split the bill appropriately? Like the water sub-meters in another of your videos. Would that be more economical than getting a separate meter or 2?
You could do that but then you have to manage it and collect on it vs being totally hands off and let the POCO take care of it. Like he said, long term it’s way less stress on the landlord to just invest up front in two meters.
Thank u
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I have a triplex… trying to get all the meters into one…. What all does that entail?