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How does Quadlogic sub-metering work?

quadlogic sub-metering
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How does Quadlogic sub-metering work?

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Sub-metering permits the measurement of electric use in individual units via a building-owned meter that is installed for each tenant. The building continues to purchase its electricity on the less expensive commercial or bulk rate basis, but now the owner is able to bill electricity to individual tenants on an actual consumption basis. The relationship between the building and utility remains exactly the same as before. The building continues to receive one bill from the utility and the owner allocates the utility costs based on the usage recorded by the unit sub-meters.

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