Coned account(s) in 2-family house

First post here but I have been reading for years. I am moving soon into the 2-family home that I bought. I will rent out one unit. Should I register both meters/accounts under my name with Coned or only register the meter/account attached to my unit and ask my tenant to register the second meter/account under his/her name? Are there pros and cons to either method?
Thanks so much!

arditopeter

in General Discussion 8 years and 3 months ago

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jmadison | 8 years and 3 months ago

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Also if it is under your name you are responsible for all charges. If tenant for whatever reason decides not to pay you will be liable

arditopeter | 8 years and 3 months ago

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Thank you snowman2 and daveinbedstuy! Very helpful!

daveinbedstuy | 8 years and 3 months ago

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If the tenant is to pay their own electricity their meter should be registered in their name. Presumably there is also a “common area” meter for hallways and the cellar (heating, etc) that will also be in your name (and billed under ‘commercial’ rates).

snowman2 | 8 years and 3 months ago

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tenant registers when they move in. I put it in my name between tenants because I do not want it turned off ever – fridge, lights, etc