How to Calculate Electricity Usage for Tenants in a Rental Property The Smart Way to Do It

Many property owners in Israel manage multiple housing units within the same property.

In many cases there is one electricity meter for the entire building or a division by units. This means the landlord needs to calculate every month:

• How much each tenant consumed
• The current price per kWh
• How to split the bill fairly

Doing this manually leads to calculation errors, disputes with tenants, and wasted time that could be spent on managing the investment itself.

Many landlords find themselves checking old bills every month, searching for the updated kWh price, and trying to figure out how much each tenant owes. Instead of manual calculations, there's a much simpler way.

The calculation is based on a very simple formula:

Current meter reading minus previous meter reading multiplied by price per kWh.

Numerical example:

Previous meter reading: 12,450
Current meter reading: 12,830
Consumption: 380 kWh

To calculate the cost, multiply 380 by the current kWh price.

As of 2025, the residential kWh price is approximately 0.64 NIS. The updated price can always be checked on the Israel Electric Corporation website.

In our example, the cost would be approximately 243 NIS for one month of consumption.

To help property owners perform accurate and quick calculations, Flamingo developed a simple calculator that automatically computes tenant electricity costs.

Instead of manual calculations every month, simply enter:

• Previous meter reading
• Current meter reading
• Price per kWh

The system will immediately calculate how much the tenant needs to pay. The calculator eliminates errors and ensures full transparency with tenants.

Many property owners perform inaccurate calculations, sometimes without even realizing it.

The most common mistakes are:

• Using an outdated kWh price, causing payment discrepancies
• Not recording meter readings on time, leading to estimates rather than actual data
• Incorrect division between housing units, especially with shared spaces
• Imprecise rounding that accumulates over time

When the tenant feels the calculation is unclear or the amount doesn't make sense, it can create distrust and unnecessary disputes that damage the landlord-tenant relationship.

Property owners managing multiple units need to perform meter offsets every month. This is a tedious process that requires precision.

To solve the problem at its root, Flamingo offers a digital meter service for property owners.

The meter enables precise measurement of each unit's electricity consumption without manual calculations.

Key benefits:

• Accurate measurement per individual unit
• Complete elimination of meter offsets
• Full transparency with tenants that prevents disputes
• Hours saved every month
• Automatic reports sent directly to the property owner

Flamingo provides property owners with a range of digital tools to manage properties smarter and more efficiently.

Tools available today include:

• Electricity consumption calculator
• Digital meter for housing units
• Payment and tenant management system
• Personal owner portal with full property overview
• Real estate investment calculator
• Purchase tax and capital gains tax calculators

The goal is to simplify property management and save owners time, money, and unnecessary hassle.

Many property owners start with self-management but over time discover the workload keeps growing.

Recurring tasks include:

• Rent collection and payment tracking
• Maintenance handling and coordinating professionals
• Contract renewals and tenant negotiations
• Electricity, water, and municipal tax calculations
• Property inspections and ongoing maintenance

When the property is managed by a professional company, all these tasks are handled systematically. The owner receives regular reports and can focus on the investment itself rather than day-to-day operations.

Flamingo is a property management company operating across Israel, managing hundreds of properties for apartment owners and investors.

The company combines a professional management team with advanced technology for complete property control.

Property owners have access to a secure personal portal with real-time visibility into:

• Rent payment status
• Current tenant information
• Maintenance history
• Full financial overview
• Documents and contracts

The portal is accessible from anywhere and gives property owners complete peace of mind.

If you're a property owner looking for smarter, more efficient, and transparent property management:

• Use Flamingo's electricity calculator for accurate and fast calculations
• Sign up for the personal portal and get a complete overview of your property
• Contact our team for a no-obligation consultation

Flamingo will take care of everything related to managing your property, so you can focus on what truly matters.