The owner of a Shopping Mall wants to reduce nominal rentals to increase the competitiveness of the Mall. Unbundling Gas, Electricity, and Water charges can mean a significant decrease in nominal rentals. Further, tenants feel better about paying for the exact usage they incur, rather than feeling they are helping to subsidise larger users who would otherwise gain the advantage from an averaged and bundled approach. Furthermore, the tenant can be armed with the smart data that can used to implement green conservation strategies.
The same applies for other property developments like condominiums, industrial parks, and airports – all of which have multiple tenants and all of which are in competitive markets.
IoT-Billing – Your Sub-Metering Partner of choice
When Sub-Metering is called for, a new kind of Customer relationship is envisaged. The Utility Company no longer deals with the end Customer – the Sub-Meterers do. Further, they have to manage the Billing and Customer Service for their new Customers, and they probably have other services they would like to bill as well. IoT Billing can bill almost any “thing” alongside the utility consumption on a convergent bill.
IoT Billing engine, powered by Selcomm
ioT-Billing.com provides a sophisticated, world leading Business and Operational Support application powered by Selcomm, catering for the end-to-end functional needs of providers of meter services. With “Out-of-the-Box” interfaces, ioT-Billing.com supports an unlimited number of smart meters and billable transactions.
The IoT Smart Meter Billing engine is fully integrated with other IoT components, such as IoT CRM, allowing customer service representatives a complete view of meter billing transactions, as well as full life cycle management of utility customer services.