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IMD (Individual metering and billing)

Quick info:
  1. What is IMD?
    – Pay for your actual consumption.
    (Electricity and or hot water).
  2. How does it work?
    – Standard amount adjusted after consumption.
  3. Why IMD?
    – Fair, environmental friendly and flexible.
  4. What does it cost?
    – Example of cost for electricity and hot water.

 

1. IMD (Individual metering and billing)

Some of you tenants pay for household electricity and hot water outside of the base rent. For this reason, we have a system called IMD (Individual Measurement and Billing). It is a system for reading individual consumption for each apartment. In buildings where such system is not available, or when the reading system is not functioning, an average base rate is charged, which is then adjusted in the rent based on your actual consumption. Smart and fair, right?

2. How does it work?

Individual Measurement and Billing means that as a tenant, you only pay for the household electricity and/or hot water you have used. This is accounted for two months in arrears, ensuring everything is accurate. The base rate in the rent is a fixed cost, an average calculation based on what is usually consumed depending on the size of your apartment.

The rent notice for a month comes around the 10th-15th of the previous month, and if you have consumed less than the base rate, it is deducted from the rent. If you have consumed more than the base rate, it is added to the rent instead. For household electricity and hot water, a 25% VAT is added, and this is billed from the same month the measurement starts. Keep in mind that the rent is paid one month in advance, which means the rent for the next month is to be paid at the end of the previous month. Just as it usually is.

 

3. What’s good about IMD?

You have the opportunity to influence your consumption and thus your fixed costs. This usually leads to reduced energy usage, saving both your wallet and the environment. Below are image examples of how it works when you move into the apartment for the first time or when we first start IMD in a property.

 

Payment slip for October

Notified in September

Standard amount
-“Electricity-Calculated” and/or “Hot water-Calculated is written on the payment slip for the first time

Payment slip for November

Notified in October
(IMD) starts

Standard amount
-Measurements are collected October 1-31

Payment slip for December

Notified in November

Settlement is made
-Settlement is made for what you used in October (2 months afterwards).
-Additional usage “Electricity” and/or Additional usage “Hot water”, is written on the payment slip.
If you have used less than the standard it will be deducted from the rent. If you have used more than the standard it will be added to your rent.

 

4.What does it cost?

*The council of trustees negotiatied that the prices for 2024 wourld be the same as for 2023. The average base rate for electricity is 160 SEK per month and for hot water it is 97 SEK (2025).

 

Cost example
Below is an example of consumption and cost for one month for electricity and hot water.  Note this is only an example and your cost depends on your consumption.
 

Electricity

Hot water
Consumption kwh Consumption m3
60 2,5
Price SEK/Kwh Price SEK/m3
1,78 89,05
Kwh*Cost m3*Cost
60*1,78 2,5*89,05
Cost  ex. VAT Cost ex. VAT
107 223
VAT 25% VAT 25%
27 (107*0,25) 56 (223*0,25)
Cost including VAT Cost including VAT
134 kr (107+27) 279 kr (223+56)