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Explain the concept of submetering in full

Please answer each question in paragraph form with explanations in full!
Make sure that you follow theAPA citation as explained from the VPC website

1.Explain the concept of submetering in full. Why is it a good management practice? Give detailed examples. (minimum 250 words)
2.What is the best way to determine the energy budget? The labour portion of the POM budget? Full explanations and examples are required. (minimum 250 words)