Most people have become cautious with their electricity usage. Getting into the habit of turning off light switches as you leave the room may be second nature however, what steps do you take to save money on your water bills?
At Silver Asset Services we have done the hard work for you and have put together some tips and tricks for you and your Body Corporate/Owners Corporation to reduce the costs of your water bills.
How to Save on your Water bills for Your Body Corporate
Bodies Corporate are always looking at ways to save money.
As the price of utilities continue to rise throughout Australia, the cost of water bills is becoming a focus.
Does Your Scheme Have Pool or Spa Facilities?
Use A Pool Cover – Significant amounts of money can be saved in heating costs by using a pool cover. Pool covers also reduce the evaporation rate which will help to reduce water costs. This tip is more for the winter months when the pool is not being used as regularly.
Does Your Scheme Have Centralised Hot Water Service?
Are you aware that in a building that sells heated water to their occupants, owners will pay for the water used by the hot water tanks in their levies? Imagine that, the greatest amount of water usage in the building not actually being user pays! Let SAS recover that money for your owners.
How to Save on your Water bills for Your Individual Bill
Did you know that on average 50% of water used in your home is used in the shower.
The simple answer would be to save money, take shorter showers. However, there are alternative approaches.
By installing a low-flow showerhead you could decrease the amount of water you use by 50%.
Don’t Hand Wash Your Dishes
Washing dishes isn’t exactly most people’s favorite thing to do. So, you will be pleased to find out that you actually use 1/6 less water by using a dishwasher.
You’d be surprised how much you can save by waiting until the washing machine is full before turning it on. Using cold water for your washing is also another game changer.
Metered Community Water
Depending on the age of your building, some Bodies Corporate pay for water based on contribution entitlement. This means that the water authority calculates the amount billable to each Lot according to the CMS and not by individual metered consumption. In this case, a family of five with sport loving teenagers will pay the same amount in water usage charges than the elderly couple who do their very best to conserve every drop.
Water used for irrigation, re-filling the pool, filling the centralised hot water tanks and other common area facilities, as well as the total water used by the Lots is billed on a calculated amount.
The concept of ‘metered community water means that the Body Corporate takes responsibly for the ‘Water Usage’ charges to the water authority and recovers the water usage according to individual metered consumption leaving a true common area amount which is levied by contribution entitlement.
The management of ‘metered community ’ water pin points areas of leakage, is a fairer method of billing for the water individuals use and enables investor lot owners to recover the cost of water supplied to their tenants because metered consumption is recoverable by that sector. If your scheme pays for water usage by contribution entitlement, we can help to retrofit the building and introduce the benefits of individual water billing.