For property managers, maintaining a building’s efficiency and safety while managing resources is an ongoing challenge. As buildings become more complex, and equipped with modern systems, the role of maintenance has evolved beyond reactive fixes. Today, smart analytics platforms offer a proactive approach, predicting and addressing maintenance issues before they escalate. This shift not only saves time and resources but also extends the lifespan of building assets enhances tenant satisfaction, and ultimately reduces operational costs. Here’s how proactive maintenance powered by smart analytics is transforming property management. 1. Minimising Unplanned Downtime Unexpected equipment failures can disrupt daily operations, frustrate tenants, and lead to costly repairs. Smart analytics platforms continuously monitor building systems—HVAC, lighting, elevators, security systems, and more—providing insights into performance metrics and early warning signs of wear and tear. By analysing these data patterns, property managers can predict potential issues and schedule timely repairs, effectively reducing unplanned downtime and keeping building operations running smoothly. For instance, monitoring HVAC systems through an analytics platform can reveal irregularities in energy consumption or temperature consistency, allowing maintenance teams to intervene before a complete breakdown occurs. This preventive approach ensures minimal interruption to tenant comfort and avoids emergency repair costs. 2. Optimising Resource Allocation and Cost Savings One of the greatest advantages of a proactive maintenance strategy is the optimisation of resources. With an analytics platform, property managers can allocate resources more effectively, prioritising high-risk areas rather than spending time on routine checks for all equipment. By receiving real-time alerts and predictive insights, maintenance teams can focus on components that require immediate attention, making maintenance schedules far more efficient. In addition to improving resource allocation, proactive maintenance also results in significant cost savings. Planned repairs and maintenance are often less expensive than emergency fixes, and by catching issues early, property managers can avoid high repair costs associated with major equipment failures. Furthermore, this approach prolongs the lifespan of building systems and assets, reducing the frequency of replacements and conserving the building’s budget over time. 3. Enhanced Tenant Satisfaction For property managers, tenant satisfaction is a top priority. Nothing erodes tenant trust faster than unresolved maintenance issues that affect comfort, safety, or productivity. With proactive maintenance enabled by smart analytics, property managers can address problems before tenants are even aware of them, creating a seamless experience that improves tenant relations and retention. For example, lighting issues that are identified and addressed proactively prevent tenants from experiencing dim or non-functioning lights in common areas or workspaces. Similarly, if the analytics platform detects irregularities in air quality or temperature control, maintenance teams can respond immediately to ensure tenant comfort. 4. Increasing Operational Efficiency with Real-Time Monitoring Real-time monitoring is a cornerstone of smart analytics platforms, providing property managers with a comprehensive view of all building systems at any given moment. With a proactive approach, property managers are no longer limited to reacting to maintenance requests; instead, they can stay a step ahead by continuously evaluating equipment conditions and building performance. The continuous data stream also provides actionable insights that help managers make data-driven decisions to improve operational efficiency. For example, real-time monitoring can identify opportunities to adjust system settings for optimal energy use, reducing utility costs while maintaining comfort and functionality. 5. Supporting Sustainability Goals Proactive maintenance through smart analytics also supports sustainability goals, a priority for many modern property managers. By ensuring that all building systems operate efficiently, energy wastage is minimised, reducing the building’s overall carbon footprint. Analytics platforms can provide data on energy usage patterns, enabling managers to make informed decisions about optimising energy consumption and decreasing emissions. Furthermore, by extending the lifespan of building equipment and systems, property managers reduce waste associated with premature replacements. This resource conservation aligns with sustainable building practices, which are in demand among environmentally conscious tenants and stakeholders. Proactive maintenance powered by smart analytics platforms offers property managers a powerful tool to enhance building operations, reduce costs, and improve tenant satisfaction. This approach enables property managers to stay ahead in an increasingly complex and competitive market by anticipating maintenance issues, optimising resource allocation, and supporting sustainability goals. Investing in a smart analytics platform is no longer just an upgrade—it’s a strategic move that elevates property management to a new level of efficiency, reliability, and tenant care.
Large Residential Portfolios Management with Smart Metering Systems
As the demand for more efficient and sustainable property management increases, large residential portfolios adopt innovative technologies to streamline operations and enhance tenant satisfaction. Halo Smart IoT, with its advanced smart metering systems, is transforming how property managers monitor and control utility usage across their estates. This IoT solution is proving to be a game-changer in achieving energy efficiency, reducing costs, and improving overall property management. The Need for Smart Metering in Large Residential Portfolios Managing utilities across multiple properties can be a complex and expensive task for property managers. Traditional methods of utility management often involve manual meter readings, delayed usage data, and reactive maintenance, all of which contribute to inefficiency and increased costs. This is where smart metering systems, integrated with IoT technology, come into play. Smart metering provides real-time data on energy, water, and gas consumption, enabling property managers to monitor utility usage at both the individual unit and portfolio-wide levels. With the Halo Smart IoT platform, property managers gain immediate insights into how resources are being used, allowing them to identify inefficiencies and take proactive measures to optimise energy use and reduce waste. Key Features of Halo Smart IoT for Smart Metering The Benefits of Smart Metering for Residential Portfolio Management Case Study: Success in Large Residential Portfolio Management A large residential property management company recently implemented Halo Smart IoT’s smart metering system across its portfolio of over 1,000 units. Before adopting the platform, the company faced challenges with utility management, including high energy costs, inaccurate billing, and slow response times for maintenance issues. After integrating Halo Smart IoT, the company saw immediate benefits. Real-time monitoring allowed them to identify areas of excessive energy use, particularly in common areas and unoccupied units. By adjusting HVAC settings and automating lighting systems, the company reduced energy consumption by 20% within the first six months, resulting in substantial cost savings. In addition, the platform’s proactive maintenance alerts helped the company address potential water leaks and equipment failures before they impacted tenants, reducing repair costs and improving tenant satisfaction. The smart metering system also streamlined the billing process, ensuring tenants received accurate utility bills based on actual use, improving transparency and reducing billing disputes. As large residential portfolios continue to grow and evolve, the need for efficient utility management becomes increasingly critical. Halo Smart IoT’s smart metering systems offer a powerful solution for property managers looking to optimise energy use, reduce costs, and improve tenant satisfaction. By providing real-time data, automating key processes, and delivering actionable insights, Halo Smart IoT is transforming residential portfolio management, paving the way for more sustainable and efficient property operations.
The Future of Estate Monitoring: Leveraging Cloud-Based Analytics Platforms
Traditionally, estate monitoring has relied on desktop-based solutions, requiring a physical presence, manual data handling, and often complex infrastructure. However, the rise of cloud-based analytics platforms is revolutionising the landscape, offering numerous advantages that reshape how estate managers oversee and optimise their properties. This article is about looking at cloud-based platforms surpassing traditional desktop-based solutions and what this shift means for the future of estate management. Enhanced Accessibility and Flexibility One of the most significant advantages of cloud-based analytics platforms is their accessibility. Unlike desktop-based systems, which limit users to specific locations, cloud-based solutions can be accessed from anywhere with an internet connection. This flexibility is invaluable for estate managers who need to oversee multiple properties or manage operations remotely. It ensures that critical data and insights are always available, facilitating real-time decision-making and responsiveness. Real-Time Data and Centralised Management Cloud-based platforms offer real-time data collection and analysis, providing estate managers with up-to-date insights into property performance. This real-time capability is crucial for promptly addressing issues, such as equipment malfunctions or security breaches, thereby minimising downtime and enhancing operational efficiency. In contrast, desktop-based solutions often suffer from delays in data synchronisation and have limited real-time capabilities. Furthermore, cloud-based systems centralise data management, aggregating information from various sources into a unified platform. This centralisation simplifies the management process, making it easier to monitor electricity, and heating or water across multiple properties. Desktop-based solutions, on the other hand, often require manual consolidation of data, which can be time-consuming and not very accurate. Scalability and Cost Efficiency Scalability is another key benefit of cloud-based platforms. As estates expand or as the needs of a property portfolio change, cloud solutions can easily scale up or down without significant additional investment. This scalability contrasts sharply with desktop-based systems, which often require costly upgrades and infrastructure changes to accommodate growth. In terms of cost efficiency, cloud-based platforms typically operate on a subscription or pay-as-you-go model, which can be more cost-effective than the significant upfront costs associated with desktop-based software and hardware. Additionally, cloud solutions reduce the need for in-house IT support and maintenance, further lowering operational costs. Enhanced Security and Compliance Security is a paramount concern in estate management, and cloud-based platforms often provide superior security features compared to desktop-based systems. These platforms typically include advanced encryption, regular updates, and comprehensive security protocols to protect sensitive data. Moreover, cloud providers are often subject to stringent compliance standards, ensuring that data management practises meet industry regulations. Desktop-based solutions, while potentially secure, require continuous maintenance and updates to stay protected against evolving threats. This need for constant vigilance can be a burden for estate managers and IT teams, diverting attention from core management tasks. Sustainability and Environmental Impact In addition to operational benefits, cloud-based platforms contribute to sustainability efforts. By optimising energy use and reducing the need for physical infrastructure, these systems help lower the carbon footprint of estate operations. This sustainability aspect is increasingly important as estate managers and tenants alike seek to reduce their environmental impact. How can your estate become smart with Halo Smart IoT? Our cloud-based platform seamlessly integrates data from Halo Smart IoT devices, as well as other systems like metering platforms and weather services. This comprehensive approach provides powerful insights that enable your team to make well-informed decisions, optimising the operations of your real estate portfolio. Conclusion The transition from desktop-based solutions to cloud-based analytics platforms marks a significant evolution in estate monitoring. The advantages of cloud-based systems will become even more pronounced, setting new standards for efficiency, sustainability, and tenant satisfaction in the property management industry. For estate managers, these types of solutions offer them the opportunity to stay one step ahead of the curve.
How to Effectively Monitor Damp and Mould for Property Managers
“Every person across the UK deserves to live in a home that is safe, warm, and dry.” – gov.uk The tragic death of Awaab Ishak, who passed away from a severe respiratory condition caused by prolonged exposure to mould in a poorly ventilated home, underscores the critical importance of addressing damp and mould issues. In response, the UK government has issued guidance for landlords to adopt best practices to mitigate these risks. Current Situation Damp and mould are widespread issues in the UK, with estimates suggesting that between 4% and 27% of homes in England are affected. This equates to between 962,000 and 6.5 million households. “Those living in private or social rented housing are more likely to encounter damp and mould than owner-occupiers.” – English Housing Survey 2021 to 2022 Local councils are responsible for enforcing standards in the private rented sector and social housing owned by housing associations and other private registered providers. They must take enforcement action under the Housing Act 2004 for Category 1 damp and mould hazards and have the power to act on Category 2 hazards. Additionally, councils can intervene under the Environmental Protection Act 1990 if they identify dampness and mould as a statutory nuisance. Landlords face severe penalties for non-compliance, including prosecution and potentially unlimited fines set by the Magistrates’ Court. Local councils can also impose financial penalties of up to £30,000. Health Risks Damp and mould primarily affect the airways and lungs, causing severe illnesses and, in extreme cases, death. Awaab Ishak’s case illustrates these dangers vividly. Damp and mould can also harm mental health, causing anxiety about health impacts, unpleasant living conditions, and property damage. Vulnerable groups, including those with preexisting health conditions, children, and older adults, are at higher risk. In 2019, dampness and mould in English residences were linked to approximately 5,000 cases of asthma and 8,500 lower respiratory infections. They also contributed to 1-2% of new allergic rhinitis cases. Identifying Root Causes of Damp and Mould with Smart IoT Sensors Identifying the root causes of dampness and mould is essential for effective remediation. Landlords should seek guidance from qualified professionals to diagnose the sources of dampness and mould accurately. Internal and external checks can help identify problems, but professional advice ensures accurate identification and appropriate remediation. In line with government guidance, landlords should implement automated processes to monitor damp and mould in their properties. Smart IoT (Internet of Things) sensors offer an effective solution for continuous and accurate monitoring. These sensors continuously monitor moisture levels and temperature changes in your properties, providing real-time data and alerts if conditions indicate the potential for mould growth. This proactive approach means they can address problems before they escalate, reducing the risk of extensive damage and costly repairs. With accurate data at their fingertips, they can confidently ensure that their tenants are living in a safe and healthy environment. Integrating IoT sensors can streamline the inspection process. Instead of scheduling frequent physical checks, landlords can receive automatic alerts that notify them when an inspection or maintenance visit is necessary. Tenant Benefits Health and Peace of Mind: State-of-the-art IoT sensors ensure indoor conditions are monitored and potential health hazards are prevented. No Financial Burden: Tenants do not bear any financial burden for the monitoring solution. Privacy Protection: The solution prioritises tenant confidentiality and adheres to strict data protection protocols. Proactive Approaches to Reducing Damp and Mould To effectively manage dampness and mould, landlords need to adopt proactive strategies that address the root causes and prevent issues before they arise. Key Strategies for Landlords Clear Processes for Reporting and Managing Damp and Mould: Implement robust systems to document, manage, and act on damp and mould reports, identifying common issues and trends in housing stock. Preventative Maintenance: Regularly assess the condition of properties to identify and address potential damp and mould issues before they arise. Intervene with necessary improvements to ventilation, energy efficiency, and building structures. Utilise Smart IoT Sensors: Implement smart IoT (Internet of Things) sensors for continuous monitoring of moisture levels and environmental conditions. Support for Tenants: Understand that some homes are harder to heat and support tenants by providing resources or directing them to assistance programmes. Tenant Education: Educate tenants on how they can help reduce dampness and mould while ensuring this is not a substitute for addressing underlying issues. Collaboration with Health and Social Care Professionals: Build relationships with frontline professionals to ensure every opportunity to identify tenants living in damp and mouldy conditions is utilised. Staff Training: Ensure that staff and contractors are aware of the health risks of dampness and mould, the importance of addressing root causes, and the processes for reporting and dealing with these issues. Tenant Relationships: Foster a positive relationship with tenants, encouraging them to report damp and mould issues without fear of repercussions. Looking forward The current situation regarding dampness and mould in rental properties across the UK underscores a critical need for vigilant monitoring and proactive management. With a significant number of homes affected and potential health risks posed to tenants, landlords face both regulatory requirements and moral imperatives to address these issues effectively. Looking ahead, the future holds promise with advancements in technology, such as Halo Smart IoT sensors, offering landlords unprecedented capabilities to monitor and mitigate dampness and mould. These tools enable real-time data collection, early detection of moisture issues, and swift intervention, thereby enhancing tenant safety and property maintenance practices.
How Smart Housing Estate Management Transforms Resident Experience
Smart housing estate management How Smart Housing Estate Management Transforms Resident Experience The smart home market is experiencing rapid growth, with its value estimated at USD 101.7 billion in 2023. This figure is anticipated to reach USD 163.7 billion by 2028, growing at a compound annual growth rate (CAGR) of 10.0% from 2023 to 2028. This surge is driven by increasing consumer demand for convenience, security, and energy efficiency. The Growing Market for Smart Home Technology The smart home market is experiencing rapid growth, with its value estimated at USD 101.7 billion in 2023. This figure is anticipated to reach USD 163.7 billion by 2028, growing at a compound annual growth rate (CAGR) of 10.0% from 2023 to 2028. This surge is driven by increasing consumer demand for convenience, security, and energy efficiency. Financial Benefits of Smart Home Technology According to Entrepreneur, integrating IoT sensors and smart meters can reduce maintenance expenses by preventing costly repairs, saving between 10% to 40%. For instance, the average cost of remediating a multi-unit leak is $12,000, and Rently property manager surveys report an average of 4-5 such leaks per year. By simply adding water leak sensors to a property, managers can save up to $60,000 annually and potentially reduce all water damage repair costs by 70-90%. “Millennials, who pay 60% of all rent in the UK, are willing to pay up to 20% more for smart home integrations.” Attracting and Retaining Tenants Millennials, who pay 60% of all rent in the UK, are willing to pay up to 20% more for smart home integrations. Additionally, Gen Z in the United Kingdom are 1.4 times more likely to pay higher prices for eco-friendly products. This willingness to invest in smart technology translates to higher rental rates and increased property values.Surveys also show renters are willing to pay more in rental rates for smart amenities. Furthermore, smart home technology can achieve a 3-5% increase in property value, with an average 30% ROI. This makes it one of the best ways to achieve leasing success and ensure tenant satisfaction. Enhancing the Resident Experience The implementation of smart housing management solutions offers numerous benefits that directly enhance the resident experience, including: Convenience: Automation of daily tasks, like adjusting thermostats and managing home security, adds convenience to tenants’ lives. Privacy Protection: There’s no invasion of privacy with smart home technologies. Monitoring systems focus solely on environmental conditions and do not compromise personal data or activities. Cost-Free Operation: Residents benefit from enhanced health standards without incurring additional operational costs. Smart technologies optimise resource usage, leading to potential savings on utility bills. Real-time Monitoring: Continuous monitoring of home systems can detect and address issues before they escalate, preventing costly repairs. Improved Health and Well-being: CO2 and humidity controls contribute to a healthier living environment.No invasion of tenants’ privacy: Smart IoT solutions that don’t interfere with tenants’ day-to-day life Operational Efficiency for Property Managers For property managers, smart IoT technology is an effective solution for eliminating expenses, attracting new tenants, and maintaining properties efficiently. The immediate benefits of deploying cost-saving smart home technology are clear. Reducing utility, and other recurring operating expenses leads to increased net operating income (NOI) and noticeable bottom-line improvements. Key benefits include: Cost Savings: Automation and real-time monitoring reduce the need for frequent manual inspections and maintenance. Increased Tenant Retention: Enhanced resident experience through smart technology encourages tenants to stay longer. Simplified Management: IoT for property management simplifies the execution of leases and maintenance tasks. Risk Mitigation: Early detection of health risks such as poor air quality or dampness reduces the likelihood of tenant complaints and property damage. Property managers can address issues promptly, maintaining tenant satisfaction and reducing turnover. Conclusion From a landlord’s perspective, smart housing estate management is a game-changer. Integrating advanced monitoring technologies such as CO2 metrics, dampness detection, and energy optimization translates into proactive maintenance, reduced costs, and improved portfolio performance. Real-time data insights enable prompt issue resolution and support sustainability efforts, enhancing overall property value.For tenants, smart house estate management ensures a higher quality of living through enhanced health and comfort. Continuous monitoring of indoor air quality and efficient energy systems not only promotes a healthier environment but also lowers utility expenses. Make your property management smart with Halo Smart IoT. You can schedule a call with our colleagues here
2023 Highlights
2023 Highlights & achievements In the dynamic landscape of technology and innovation, 2023 marked a remarkable year for Halo Smart IoT, with a series of outstanding achievements and notable highlights that underscored the company’s commitment to excellence. From pioneering developments in smart connectivity to forging strategic partnerships, the year unfolded as a testament to Halo Smart IoT’s unwavering dedication to pushing the boundaries of possibility. Our New Website is Live! Explore a fresh and user-friendly interface designed with you in mind. Navigate seamlessly through our pages to discover Smart IoT Solutions, ways our solutions shape the future of residential property management, industry insights, tips, and company updates. Karen Mack has joined Halo Smart IoT team as Director of Customer Engagement. Karen brings a wealth of experience to our team, with a robust background in energy procurement, energy management, IoT, and Smart Building technologies. Her expertise extends to account and business management, making her a valuable addition to our Halo Smart IoT team. Halo Smart IoT took part in the Greater Manchester Green Summit 2023, where delegates met and networked with others determined to drive change and help the city-region meet its ambitious goals for the environment, with panels, workshops networking and exhibition stands showcasing challenges, solutions and opportunities. The Net Zero Nations Projects Conference London serves as a pivotal platform for global stakeholders to converge and discuss strategies for achieving net-zero emissions by 2050. This conference promises to showcase innovative case studies and projects from various countries, underscoring the importance of collaborative efforts in the fight against climate change. With a focus on new technologies and sustainable innovations, the event aims to accelerate the global transition to a greener and more sustainable future. Halo Smart IoT proudly stands as a Silver sponsor of the Net Zero Nations Project Conference, affirming its commitment to driving sustainable solutions and fostering meaningful dialogue around achieving net-zero goals. Halo Smart IoT has forged a strategic partnership with Vector Homes, establishing a collaborative involvement in monitoring the performance of Energy House 2.0. This alliance signifies a synergistic effort to leverage innovative IoT solutions for comprehensive and effective house performance monitoring. Procurex Wales connects buyers and suppliers from across Wales’ public procurement sector worth more than £8.3bn annually. It’s a unique event that enables all stakeholders to learn about the latest developments shaping the future of this area – featuring extensive skills development, networking, collaboration and product showcase opportunities for public sector buyers and private sector organisations alike. Halo Smart IoT sponsored Procurex Wales 2023 and the Excellence In Public Procurement Gala Awards Ceremony Personality of the Year award, recognising notable contributions to the field.
CO2 monitoring in schools
Case study Enhancing Classroom Safety: CO2 Monitoring in North West England Schools 20 October 2023 The presence of high levels of carbon dioxide (CO2) in school classrooms has been linked to various adverse effects on students, such as headaches, fatigue, and difficulties concentrating, ultimately impacting their academic performance A group of 12 schools in North West England implemented Halo Smart IoT CO2, temperature, and humidity sensors with displays, in all their classrooms. These sensors are connected to the Halo Smart IoT Gateway, which updates the Analytics Platform with real-time readings and alerts. The schools can now monitor CO2 levels and room temperatures, ensuring proper ventilation and maintaining an optimal learning environment. The system not only provides visible displays within the classrooms but also sends alerts to the platform, enabling timely interventions to prevent CO2 levels from reaching harmful concentrations. The schools can save on energy costs by efficiently controlling classroom temperatures throughout the year. The Halo Smart Gateway can seamlessly connect up to 32 devices, making it suitable for larger buildings that require multiple sensors. This comprehensive solution allows for effective monitoring and control of classroom environments to ensure the well-being and academic performance of students.
Smart IoT Solution for Fridge / Freezer Monitoring
Case study Smart IoT Solution for Fridge / Freezer Monitoring 20 October 2023 Implement monitoring solutions to prevent the loss of over £26,000 worth of stock due to temperature deviations in their fridges One of the Sewell Petrol Stations had recently lost over £26,000 of stock from its fridges due to the temperatures rising above the levels for safe food storage due to a fault with the fridge. Fridge and freezer monitoring is an essential part of refrigeration systems. It helps to maintain the temperature of the fridge or freezer, prevent food spoilage, and avoid other issues such as flooding. In response to the issue, Halo Smart IoT provided a comprehensive monitoring solution. They equipped all 13 petrol stations with Halo Smart IoT Fridge and Freezer monitors, connected to their IoT app via Halo Smart IoT Gateways. Halo Smart IoT Fridge/Freezer Sensors are used to monitor fridges and freezers, providing real-time temperature readings and alerts when temperatures exceed certain thresholds. Temperature alarms can be set to alert users when temperatures rise too high or drop too low. Additionally, our flood control systems can be installed in fridges and freezers to detect any leaks or water damage that may occur. Keeping a precise fridge temperature can be invaluable for a range of uses. Alarm system can be used to signal the temperatures dropping too low and posing a risk to the biological material inside. By monitoring fridges and freezers with Halo Smart IoT devices, businesses can ensure that their products are stored at optimal temperatures for maximum freshness and safety. This helps them save money on energy costs while also providing customers with quality products every time. Additionally, they adopted Halo Smart IoT Plugs to optimise electricity usage and reduce their carbon footprint. These plugs are now used to set timers on all electrical equipment in the stores – so that they can be switched off completely when they aren’t being used. This is now saving on the electricity usage and reducing the company’s carbon footprint. This success story showcases the benefits of IoT monitoring and control in the retail industry.
Smart IoT Energy Meter
TEST Case study Smart IoT Energy Meter 20 October 2023 Tyrrell Systems is thrilled to exhibit at Smart Building Show 2023 in ExCel, London on 18-19 October 2023, offering you the opportunity to explore firsthand how our expertise in Master System Integration (MSI) seamlessly unifies a wide array of building systems. In 2021, we were contacted by an elderly couple residing in a retirement village in Oxford. They owned an electric vehicle and required a reliable and straightforward solution for charging it using the retirement village’s electricity supply. The catch was that they wanted to accurately monitor and calculate the associated costs, with the intention of not burdening their fellow residents with the additional electricity expenses. Understanding the need for a versatile solution that could be tailored to fit individual houses or an entire retirement village, we offered a perfect fix. We equipped them with a Halo Smart IoT Gateway and a Halo Smart IoT Energy Meter. The Energy Meter, designed to work seamlessly with their electric car charger, was easy to install by a professional electrician, ensuring that it could accommodate various setups and applications. The Halo Smart IoT Gateway further enhanced the system by wirelessly connecting the Energy Meter to the internet, thus enabling convenient and real-time tracking of energy consumption through our user-friendly Halo Smart IoT App. This versatility allowed the elderly couple to monitor their energy usage and related costs with ease, whether for a single home or a broader property portfolio. The result was an efficient and cost-effective solution that not only satisfied the specific requirements of the couple but also paved the way for future scalability. In the end, they could charge their electric vehicle without concerns about electricity costs, and the data collected allowed them to calculate and allocate expenses accurately without affecting their fellow residents.