Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

378
Posts
306
Votes
Jim S.
  • Sterman, MI
306
Votes |
378
Posts

Electricity cost on a 4" well

Jim S.
  • Sterman, MI
Posted

I just closed on a duplex with separate meters, the 4" well is wired to the one tenant. The house has 6 adults and one 2 year old. Each unit has a dishwasher and washer/dryer. I reduced his monthly rent by $10 to compensate for the electricity he pays for the well. Is this even close? Under these circumstances would you expect the electricity usage for the well to be around $10 or $100. I know it's hard to say for sure but just trying to get any ideas from experienced people. 

Loading replies...