What Submeter One does

SubMeter One is a privately held, Baton Rouge, Louisiana-based company founded in 2006 that provides submetering and billing services to the multifamily residential housing industry. Its offering covers the design, installation, and ongoing operation of utility submetering systems for apartment communities, enabling property managers to measure individual unit utility consumption and allocate or bill those costs to residents on a per-unit basis. Service is delivered through Starnik's utilityTrakr web platform, which provides separate manager and resident login portals for account access, payment, and consumption tracking; the company's own website (submeterone.com) is currently a WordPress "under construction" placeholder directing users to those portals.

The company has no public headquarters beyond a P.O. Box in Baton Rouge and lists a single 888 number and fax line as primary contact channels, indicating a small, locally organized operation. Its stated market is multifamily residential properties in Louisiana, with no disclosed expansion into additional states or verticals and no publicly identified property-management customers, ownership investors, or management team. Pricing is not publicly disclosed and appears to be quote-based; the revenue model is consistent with a per-unit or per-property service fee for hardware installation plus ongoing billing/administration, though no contract terms, unit counts, or pricing tiers are documented. As of the most recent source material, no funding rounds, M&A activity, leadership changes, regulatory actions, patents, or partnership announcements are on record, leaving the company's scale, growth, and capital structure effectively uncharacterized by public information.

Name

Submeter One

Legal name

SubMeter One

Website

https://submeterone.com

Company type

Private

Founded year

2006

Operating status

Operating

Short description

SubMeter One is a private, Louisiana-based company founded in 2006 that designs, installs, and operates utility submetering and resident billing services for multifamily apartment communities, delivered through the utilityTrakr web portal.

Ownership category

akta.pro rank

Product category

Utility Submetering and Billing Services

NAICS

Totalizing Fluid Meter and Counting Device Manufacturing (334514)

SIC

Services-To Dwellings & Other Buildings (7340), Totalizing Fluid Meters & Counting Devices (3824)

akta.pro primary industry

Submetering & Multi-Unit Property Billing (MUDs, submeters, RUBS, landlord/tenant billing) (EUANAIAK)

akta.pro secondary industry

Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance) (EUANAIAA)

Keywords

• Utility submetering services
• Multifamily billing services
• Submeter installation
• Utility cost allocation
• Resident utility billing

Headquarters

HQ city

Baton Rouge

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure

Distribution channels1 record

Core offering

Submeter One provides submetering design, installation, billing, and payment services to the multifamily housing industry, enabling property managers to track individual unit utility consumption and generate accurate resident billing.

Product overview

SubMeter One is a single, unified offering providing multifamily submetering and billing services. The product enables property managers to track utility consumption across residential units and generate accurate billing for residents.

Differentiator

Problem solved

Functional benefit

Products and services

• SubMeter One A unified multifamily submetering and billing service that enables property managers to track utility consumption across residential units and generate accurate billing for residents. Includes submetering design, installation, billing, and payment services for the housing industry.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights1 record

Broad incumbents

• Mueller Systems: Mueller Systems provides AMI/AMR metering hardware and submetering solutions for water and gas utilities serving residential and multifamily customers. It competes with Submeter One on the metering hardware side of the multifamily submetering stack and is far larger and more established.
• Itron: Itron is a global metering and smart-infrastructure vendor whose AMI/submetering hardware and managed services overlap with Submeter One's installation and metering offering. While Itron primarily serves utilities at scale, its submetering/smart-building portfolio competes for the same multifamily properties.
• RealPage Utility Management: RealPage is a major property-management software platform whose Utility Management module bundles submetering/billing into a broader proptech stack. It competes with Submeter One when apartment owners prefer to consolidate utility billing within a single property-management ecosystem.

Direct peers

• National Metering Services: National Metering Services is a regional submetering and billing provider serving apartment complexes and condominiums in the Gulf Coast/Southern U.S., making it one of the closest direct competitors to Submeter One's geographic and product positioning.
• Synergy Submetering Solutions: Synergy Submetering Solutions (formerly Synergy Utilities) provides multifamily submetering installation and billing services across multiple U.S. states. It is a directly comparable single-vendor submetering/billing provider competing for the same apartment-owner customer base.
• Conservice: Conservice is a national utility expense management and submetering/billing provider serving multifamily, commercial, and student housing owners. It is the most direct competitor to Submeter One, offering a comparable end-to-end design-install-bill-pay stack but at multi-state scale with proprietary technology, analytics, and ESG reporting capabilities.
• Resource Group / Submeter Management Services: Resource Group provides multi-family utility submetering, billing, and related energy-management services to property owners. It is a directly comparable regional submetering/billing competitor operating in adjacent Gulf Coast and Southern U.S. markets.
• Submeter Solutions: Submeter Solutions is a multifamily submetering company providing equipment installation, utility allocation, and resident billing services. It competes directly with Submeter One for apartment-community contracts across multiple U.S. regions.
• Utility Billing Services (UBS): UBS provides utility submetering and RUBS billing services for multifamily housing operators. It is a direct competitor offering a comparable single-vendor submetering and resident-billing solution for the apartment-owners segment.

Emerging players

• Enertiv: Enertiv offers submetering hardware, data analytics, and utility-billing software for multifamily and commercial real estate. It represents an emerging tech-enabled submetering player overlapping with Submeter One's value proposition but differentiated by a stronger data-analytics layer.

Market position

Strengths4 records

Weaknesses2 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Submeter One