Sometimes the existing plumbing or electrical wiring configuration does not lend itself to the installation of submeters. RUBS allows the landlord to allocate the utility expense using a method based on one or more of the following:
- Square footage
- Number of occupants
- Number of rooms
- Number of fixtures
The master metered invoice from the serving utility is allocated based on our client’s choice of the above referenced parameters. The most typical formula is based 50% on square footage and 50% on number of occupants. Each ratio also considers the number of days a unit is under lease and residents are obligated to pay for utility costs. We simply allocate the consumption and utility costs based on a chosen formula, send the monthly invoices and receive payments on behalf of the community.
Residents can reduce their own utility costs by simply following the Conservation Tips found here and on the backside of their monthly invoice. To simplify the utility payment process, residents are provided Account Access to view their accounts and make online credit card payments.
Does RUBS sound like a good fit for your properties?
Submit a Proposal Request.