IMD Electricity for housing associations
IMD Electricity: cut the association's electricity cost by 15–25 %.
With shared electricity and individual metering, the association signs one electricity agreement for the whole building. The apartments' fixed charges disappear, while every household still pays for exactly its own use. All of the property's energy with one supplier.
Electricity network charges keep rising. With shared electricity metering, one subscription is enough for the whole building.
Today the association pays for one electricity subscription per apartment, each with its own fixed network and supply charges, month after month regardless of use. With shared electricity metering you sign a single agreement for the whole building instead: the many fixed charges become one, and as a large customer you negotiate a better price. Every household gets its own IMD electricity meter, a sub-meter per apartment, so usage is still measured exactly and the split stays fair.
Example: a housing association with 30 apartments.
See what the whole property could save
The calculator covers the property's whole energy system, not just this solution. Add more parts and see how much more you could save together.
How the switch happens, with no hassle for the board.
Five steps. Residents do not need to do anything, and work on the building is kept to a minimum.
General meeting decision and a shared electricity agreement
The general meeting approves the change and the association signs one shared network and supply agreement for the whole property.
Sub-meters are installed
A remotely read electricity meter is fitted per apartment, often in a shared meter cabinet, with as little work on the building as possible.
The old subscriptions are cancelled
We cancel each apartment's existing subscriptions with the network company and the electricity supplier. Residents do not need to do anything.
Meter data is collected automatically
The sub-meters are read wirelessly over LoRaWAN or via M-Bus, and consumption is gathered in a cloud service.
Billing on the monthly invoice
The readings go to your financial property manager, and each household pays for its own electricity use on the ordinary invoice. The price follows the association's own electricity agreement, not anything we set. We do the metering and produce the billing data.
Integrates with Sweden's major financial property managers
With Nordic Propeye, IMD Electricity is only the beginning.
We see your property as a single connected energy system and can connect everything that uses or stores energy: electricity, water and heat, but also solar panels, batteries, heat pumps and EV charging. IMD Electricity is where you begin.
When the parts are steered together we can cut peak demand and lower the cost for the whole system, not one part at a time.
Meter one part, save a little. Control the whole property, save much more.
Peak demand over a day
Frequently asked questions
Is IMD Electricity profitable for a housing association?
Yes. The electricity cost typically falls by 15–25 percent and the investment pays for itself in 1–2 years.
How much can our housing association save on shared electricity?
Around 1,500–3,500 kr per apartment per year, so 15–25 percent lower electricity costs for the whole association. Exactly how much your association saves depends on the property, and we are happy to work that out with you. We always produce a tailored savings calculation and a free quote for you, entirely without obligation.
What does it cost to introduce IMD Electricity?
Roughly 2,000 kr per apartment as a one-off investment for meters and installation. Because the apartments' fixed charges disappear, it normally pays for itself in 1–2 years. Before you decide we always produce a quote and a savings calculation for your specific property, at no cost and without obligation.
How does our housing association get started with IMD Electricity?
It starts with a decision at the general meeting. After that we handle the rest: the shared electricity agreement, installing the sub-meters, cancelling the old subscriptions and billing through your financial property manager. Residents do not need to do anything.
Is a general meeting decision required for IMD Electricity?
Yes, normally. IMD Electricity is voluntary in Sweden, so the decision rests with the association and is taken at an ordinary or extraordinary general meeting. The association's statutes should allow individual billing of electricity.
What happens with our financial property manager?
Nothing complicated. We send the billing data in the format your manager already uses, and the electricity cost lands on the ordinary monthly invoice. Nordic Propeye integrates with every major financial property manager.
An established partner for your property.
Nordic Propeye has been metering and cutting costs in Swedish properties since 2001, with roots in Home Solutions.
We'll send you a quote and a savings calculation, free of charge.
We produce a property-specific analysis of savings and rollout, at no cost and without obligation. If you want to read up first, see our complete guide to IMD Electricity.