Meter Submeter
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I have two tenants on one electric meter. They each need to pay their own electric. How should I fix this?
I have a property that I plan to keep for 5-7 more years and then the buyers are going to destroy the buildings and rebuild new homes. The tenant in the big house gets the electric bill but there is a tiny house next door that uses some of the electricity. They are friends, but that may not always be the case. I was thinking that I would have a "submeter" if there is such a thing installed on the small house. Then the two tenants could divide the electric bill. Can I buy one of these things and do I need an electrician to install it? There isn't a lot of electricity going into the small house as there are only two 15 amp fuses.
Where do I buy this, at home depot or at an electrical store? About how much do they cost? If I had the electric company add a meter and limit the current meter to the one house, would that be a possible solution. Wouldn't that cost a lot?
You will need to remove the wiring from the main house to the smaller home. Then you have to install a breaker panel, meter base, and the wiring from the meter base to the new panel.
A meter base will cost you about $100. A small Home Line electrical panel with a few breakers is also about $100. Add 4 hours plus electricians labor and that will give you your cost.
The electric company is responsible for the wiring and labor to run from their transformer to your meter. You are responsible for the meter base and the wiring into the house.
The house wiring will have to be inspected, but your electrician can help you set that up. You will have to contact the power company to coordinate the hookup to your new meter. Most electricians will help with this.
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