Submetering electric power for small building
I have a 5,000 sq/ft commercial building. It will have four tenants. One of the tenants will take up nearly have the space. The space was occupied by a single tenant prior to this, so only one meter exists.

How are utilities like Electric, Gas, Water, Sewer handled in a multi-tenant situation like this? Is sub metering a good option (don't know much about it)? Can I simply pass through pro-rated costs based on square footage?

Any advice?
[{"id": "cllk056", "text": "The cheapest way is to do it by square footage.  Some tenants may find it unfair depending on what each tenant does for business. (An office environment vs running a bunch of servers or something along those lines).  Submetering would be more accurate per tenant, but the cost and additional billing etc might be a hassel for you.  Maybe contact your utility company and see if they offer a cost effective solution.  At a minimum you would probably want seperate breaker panels for each meter/tenant so that might get spendy to have an electrician set all that up.", "replies": [{"id": "clm5m4i", "text": "A good middle ground is to separate electric, but keep gas, water, sewer in CTI. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "cllrmii", "text": "I'm not sure about the expense of splitting the meters up, but if your property is going to be tenanted by local, mom and pop type tenants, they may actually prefer a gross lease. I see this 90% of the time on smaller centers - small retailers, etc. just want a flat rental rate and operate their business. As a result, you typically charge a small premium over the nets - i.e. if you were going to charge $12/SF NNN and the nets are $5, maybe you charge $18 and call it gross.", "replies": [{"id": "cllrogh", "text": "Also, you typically have to charge a little more than the sum of the base rate and the expenses, because of course with local tenancies you will have more collection loss.", "replies": [], "depth": 2}], "depth": 1}]