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We are in the process of a gut renovation of a brownstone building. We are creating two or three apartments. We want to be responsible and efficient and are looking to install high efficiency boilers in each apartment. Therefor the tenant will be responsible for their own heat and hot water usage and bill.

Has anybody done this and felt it was really worth the investment to savings ratio? IE: We don’t pay the heat and hot water but we have slightly more up front costs and better efficiency and control for our tenants.

Or do you suggest one centrally zoned unit and we continue to pay??

Thoughts?