Encouraging Sustainability Through Submetering Technology
Our innovative submetering project at The Well was featured in UrbanToronto.
Sustainability remains an ongoing challenge and a guiding principle for many companies active in Toronto’s real estate scene. Wyse Meter Solutions is playing its part through submetering technology for utility management. Submetering involves the installation of smart meters that connect directly to the utility lines within a building’s service rooms or individual suites. These meters measure individual consumption in each suite, enabling precise billing based on actual usage rather than estimations.
Wyse Meter Solutions, founded in 2006, carved its niche in the Canadian utility industry by offering an enhanced submetering experience to building developers, owners, managers, and residents. Recognizing early on the need to integrate advanced technology into its operations, Wyse has transformed its market position to become a leader in the industry. UrbanToronto recently spoke with Peter Mills, their CEO, to dive deeper into how this technology plays an important role in sustainable, mixed-income urban communities.