Landlords and tenants often face challenges when costs are assessed for utility usage. When leases are signed both the landlord and tenant are obligated to the terms of that lease, but invoicing tenants and explaining charges can be an arduous process. CEMCO staff have decades of experience and can streamline the process for you, especially when questions need to be answered. Call us and we can help you find the solution.
Do I have to submeter my building?
New York City Local Law 88 requires all large, non-residential buildings to upgrade lighting systems to meet the ECC standards. Electrical sub-meters must also be installed in commercial tenant spaces that are over 10,000 SF. Each tenancy must have its own meter, sub-meter or share a sub-meter with other tenancies on the floor. Meters must individually measure each tenant space, and each tenant must receive a monthly statement. If sub-meters are shared, tenants must also receive notification of the percentage of space they inhabit.
Utility Grade vs. Revenue Grade Metering
CEMCO recommends the use of "Utility Grade" meters at any of our clients' sites. The meters have longer life-spans, they are easy to program and install, and if they are good enough for Con Edison, then they are good enough for our customers.
CEMCO recommends the use of "Utility Grade" meters at any of our clients' sites. The meters have longer life-spans, they are easy to program and install, and if they are good enough for Con Edison, then they are good enough for our customers.
What do these numbers mean on my invoice?
Many customers see an invoice at home and then see an invoice at work and try and compare the two. Unfortunately, commercial and residential rates are not the same. Our experts can explain the components and how charges are calculated.
Many customers see an invoice at home and then see an invoice at work and try and compare the two. Unfortunately, commercial and residential rates are not the same. Our experts can explain the components and how charges are calculated.
What is an ERIF charge?
An ERIF charge is the Electric Rate Inclusion Factor. Although some leases imply it is the cost per square foot that a customer will pay for electric, it is actually a value that is utilized in a much more complex calculation. When a tenant exceeds their allowable wattage, the ERIF amount stated the lease is applied to the relevant exceeded kilowatts and kilowatt hours resulting in a much higher monthly electric usage charge.
An ERIF charge is the Electric Rate Inclusion Factor. Although some leases imply it is the cost per square foot that a customer will pay for electric, it is actually a value that is utilized in a much more complex calculation. When a tenant exceeds their allowable wattage, the ERIF amount stated the lease is applied to the relevant exceeded kilowatts and kilowatt hours resulting in a much higher monthly electric usage charge.