Rubs billing is a method that calculates a resident s utility bill based on a pre calculated formula.
Ratio utility billing system calculator.
There are several mathematical formulas that can be used most are based on one or more of the following.
Update your billing system to confirm that you have all the facts you need to calculate the proper ratios.
How to implement a ratio utility billing system rubs ratio utility billing system or rubs is a great option for property owners to help manage their expenses by proportionately sharing utility costs with their residents in a fair and reasonable manner.
A portion of the cost of the total utility bill for the property is distributed to each resident based on this formula.
Unit square footage occupancy occupancy factor or number of bath rooms.
Has anyone use rubs ratio utility billing system on a small multifamily property say 10 units or less.
Is it cost effective for smaller units.
Automated move out calculator to deter delinquencies.
Review recent master utility bills and add them to your billing system.
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.
The actual utility bill for the property is distributed to each resident based on an.
We send a letter of introduction to your tenants explaining how the new ratio utility billing program works.
In the file bank you can download a complimentary spreadsheet used t.
Whas anyone use rubs ratio utility billing system on a small multifamily property say 10 units or less.
Ratio utility billing system rubs apartment utility billing services for over 33 years.
When it is not possible to install submeters due to building construction or the owner does not want to make a capital investment ratio utility billing systems rubs are a method of accurately and fairly charging residents for utility usage.
An added benefit is that because residents take on the financial responsibility for their usage they tend to conserve more and help.
Rubs stands for ratio utility billing system.
This article includes two videos that explain how to calculate a rubs water sewer bill for up to ten 10 apartment units.
Rubs is a method of allocating utility costs in apartments condominiums offices shopping centers and other multi unit properties.
The formula is determined based on several variables including.
Is it cost effective for smaller units.
An automatic move out calculator allows the final utility balance to be settled before you and the resident part ways.
Tracking down former residents to pay their final utility bill is a challenge and is often unsuccessful.
Verify that the billing system generates the right utility bills according to the ratios you ve chosen.
