If you own rental property in Richmond, Kentucky, water submetering stops you from paying for water you never used and bills each unit for what it did. Eastern Kentucky University drives the rental market here, and the housing around campus is largely small, individually owned multifamily: duplexes, fourplexes, and older houses leased to students. When water is bundled into one rent check, no single tenant owns the waste, so nobody curbs it, and the long showers and ignored leaks land on the owner instead, year after year as the building re-leases. True Submeter gives Richmond owners an affordable way to put an individual water meter on each unit, so every tenant is billed for exactly what they use. Usage drops, billing disputes disappear, and your net operating income climbs, with most owners recovering their full investment within six months. In a market this tied to EKU, your water billing should reset every fall right alongside your leases.
