Phil Querin Q&A - Two Questions on Water Sub Metering
Question No. 1. We are currently in the process of submetering our community and we have been asked a question by the residents that we run into frequently. This scenario refers to the first month of billing, i.e. January 2017: Tenants ask "If we are being billed for utility usage from November 15 -- December 15 and then we pay for usage on our January rent invoice, haven't we already paid for these services in our December rent, i.e. before the effective date of the submetering? If so, it appears that we are paying for it twice.