Water submetering gives Chapel Hill, North Carolina landlords a clean way to bill tenants for exactly the water they use and stop covering the overage. Chapel Hill is a rental-driven market built around the University of North Carolina, and the off-campus housing is overwhelmingly student rentals owned by individual landlords. Most of it is converted houses and small apartment buildings. Students who never see a water bill have no reason to cut a long shower or flag a running toilet, and with new renters arriving each August, the waste resets along with the leases. True Submeter installs an individual water meter on each unit, so every tenant pays for exactly what they use and nothing more. Consumption drops, disputes over the water charge end, and your net operating income rises, with most owners earning back the full cost within about six months. In a town where your roster turns over on the UNC calendar, metered water billing is one line item you can stop absorbing.
