Free tool

RV Park Sub-Metering Payback Calculator

If your monthly guests' electric is baked into the rent, you're paying their power bill. See what it costs you, what meters cost, and how fast they pay back.

RV Park Sub-Metering Payback Calculator

How much electric you're paying for your monthly guests, what meters would cost, and how fast they pay back. Guests are billed at your cost, no markup. Nothing you type is saved or sent anywhere.

What you pay now
Monthly and seasonal sites only
From a test meter, or your bill's kWh in a mostly-monthly month divided by occupied sites
Your bill's total $ divided by its total kWh. Example: $1,300 / 10,000 kWh = 0.13
0 if electric is fully included
What metering costs
Get a quote. One vendor's case study lists $150 per meter, before installation.
0 if you'll read meters by hand
Optional, to soften the change for current guests

Electric you absorb for these guests ($/yr)–
New costs after metering ($/yr)–
NOI added per year–
Upfront cost–
Payback–
Park value added at your cap rate–
Value added minus upfront cost–

Ask about funding the meters

We fund and install sub-metering as part of a Value-Add Partnership. The calculator doesn't send us your numbers.

The leak nobody sees on the rent roll

A monthly guest pays the same rent in April and January. Their heat pump doesn't run the same. If power is included, the coldest and hottest months are when your best long-term guests cost you the most. It doesn't show up as a line on the P&L. It shows up as a utility bill that keeps climbing while revenue stays flat.

A buyer sees it right away. Utilities are one of the two biggest expense lines in an RV park, and an underwriter will compare yours to the benchmark. See where your utilities stand.

How the calculator works

NOI added = electric you absorb − new metering costs
  • What you absorb now: sites × months occupied × (kWh per site × your cost per kWh − any flat electric fee you already collect).
  • After metering: guests pay for their own kWh at your cost. No markup, because in at least some states, including Florida, a markup isn't allowed.
  • New costs: software or billing fees per meter, and any rent reduction you offer to make the switch easier.
  • Value: NOI added divided by the cap rate. At 9%, every $1,000 of NOI is about $11,100 of park value.

Getting your inputs right

Cost per kWh: take your electric bill's total dollars and divide by total kWh. That catches demand charges and fees that the posted rate leaves out.

kWh per site: the best number comes from a test meter on two or three monthly sites for a full month. Do it in winter or mid-summer, when usage peaks. Using an annual average will understate the problem in the months that hurt most.

Meter cost: get a real quote that includes the electrician. Pedestal condition matters. Old pedestals may need replacing anyway, which changes the math.

Check the rules first

Whether and how you can bill guests for electricity is set by your state utility commission and your utility's tariff. Florida's rule caps what an owner collects at the actual cost of electricity, and late fees and the owner's own billing costs don't count as cost. We haven't confirmed the rules for North Carolina, South Carolina, Georgia or Tennessee. Call your utility and ask for its sub-metering policy before you send the first bill.

Sub-metering is one of the projects we fund in a Value-Add Partnership: our capital, our contractor, you keep the park.

Questions owners ask

Can an RV park charge guests for electricity?

Usually yes for long-term sites, but the rules are set by each state's utility commission and your utility's tariff. Florida's rule, for example, generally requires individual utility meters at RV parks outside overnight areas; where master metering is allowed, it lets the owner apportion or sub-meter costs but caps what you collect at your actual cost of electricity, with no markup and no billing fees. Check your state's rule and your utility before you bill anyone.

Can I mark up the electricity I resell?

Assume no. In Florida it's explicitly capped at your actual cost. That's why this calculator bills guests at your cost. The money comes from no longer paying for their usage, not from profit on power.

How do I find kWh per site if I don't have meters yet?

Two ways. Put a meter on two or three monthly sites for a month and average them. Or take a month when the park was mostly monthly guests, divide the kWh on your bill by the number of occupied sites, and treat it as a rough ceiling since it includes your bathhouse and office.

Should I meter nightly sites too?

Usually not. Nightly guests expect power in the rate, and billing a two-night stay for kWh costs more in hassle than it recovers. Metering pays on sites where the same guest stays for weeks or months.

Will monthly guests leave if I start billing electric?

Some may push back, especially in winter. One option is a small rent reduction when metering starts so the guest's total stays close to what it was for average use. Enter that concession and the calculator shows whether it still pays.

Keep going

Sources: Fla. Admin. Code R. 25-6.049 (sub-metering allowed where individual metering isn't required; recovery capped at actual cost). Wild Energy St. Pete RV Park case study ($150 per meter, vendor figure). Newmark V&A North American Market Survey, 1Q 2026 (cap rates). Estimates only, not legal advice.

Confidential

Get a straight answer on your park

Tell us about your park. We'll look at the numbers and tell you what it's worth today, what it could be worth, and whether we're the right fit. No listing agreement, no pressure.

Prefer to talk? Call 404-433-9186 or email Brian@zmichventures.com.

Everything you send stays between us. We don't share park details with brokers or buyers.


We reply within one business day.