Water metering system

G - Physics – 01 – D

Patent

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Details

G01D 4/00 (2006.01) G06Q 30/00 (2006.01) G07F 15/00 (2006.01)

Patent

CA 2452667

A method of monitoring the use of a resource such as water, gas, electricity or energy embedded in a fluid in a unit of a multi-tenant building occupied by a tenant or other consuming entity from the building management entity or owner, the use of the resource being monitored with monitoring technology having a substantial cost and installed by a resource servicing company. An agreement is established between the tenant or other consuming entity and the building management entity or owner including billing terms for the monitored resource(s). An agreement is established between the building management entity or owner and the resource servicing company whereby the resource servicing company will install, operate and service the monitoring technology in the unit, compute and deliver periodic bills to the tenant or other entity for the use of the monitored resources and collect the bills and share the proceeds with the building management entity or owner. And an agreement is established between the resource servicing company and a financing entity whereby the monitoring technology is sold from the resource services company to the financing entity and rented back from the financing entity.

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