Utility Metering
Accurate and long life cycle utility meters are required for installation at both new and existing communities for measuring electricity, gas, water, hot water and chilled water. Developers can benefit from lower construction costs by installing these utility meters via a Silver Asset Services asset management agreement rather than payment up-front. Existing communities can also enjoy the benefits of utility cost reduction via installation of smart meters for each unit at no up-front cost via a similar asset management agreement which is funded by bulk utility purchasing savings.
Recent developments in remote utility meter reading systems mean that new regulations on retrofit of individual unit water meters and replacement of electric element hot water systems with more environmentally friendly gas or heat pump units can be met without any up-front cost via a Silver Asset Services asset management agreement as space restrictions in units may require retrofit of centralised hot water plant with individual unit hot water meters.