Ratio Utility Billing System Formula

We send a letter of introduction to your tenants explaining how the new ratio utility billing program works.

Ratio utility billing system formula.

The rental agreement shall contain a disclosure that lists the utility services that are charged separately and shall specify the amount of any administrative fee that is associated with submetering or the use of a ratio utility billing system ariz. A ratio utility billing system is a method of calculating the utility consumption of a tenant based on factors such as unit square footage occupancy or number of bedrooms. Relying on rubs is how they claim they are fairly. A portion of the cost of the total utility bill for the property is distributed to each resident based on this formula.

Factors in the formula can include one or a combination of the following. There are several mathematical formulas that can be used most are based on one or more of the following. The actual utility bill for the property is distributed to each resident based on an allocation formula. The formula is determined based on several variables including.

This article includes two videos that explain how to calculate a rubs water sewer bill for up to ten 10 apartment units. Unit square footage occupancy occupancy factor or number of bath rooms. Rubs considers the total cost of multifamily or commercial property s utilities including water sewer waste trash electric and gas and calculates individual resident s utility bills based upon a pre determined formula. The landlord shall not impose any additional charges.

In the file bank you can download a complimentary spreadsheet used t. Many apartment owners and property managers are curious about how ratio utility billing systems rubs are used to calculate resident water and sewer bills. Ratio utility billing is where the property will take the overall bill and divide that bill based on the attributes of your property or rental unit. Copies of the relevant master utility bills are obtained analyzed and added to the system.

Ratio utility billing system rubs apartment utility billing services for over 33 years. Ratio utility billing system or rubs is a cost effective alternative for buildings unequipped to use submeters. Residents are then billed on a monthly basis based on their calculated utility consumption. Many landlords utilize a landlord created mythical formula for this called rubs which stands for resident or ratio utility billing system.

An online seminar is conducted to train you and your personnel on how easily our united utilitytrakr system works.