Ratio Utility Billing System Formula

Factors in the formula can include one or a combination of the following.

Ratio utility billing system formula.

Unit square footage occupancy occupancy factor or number of bath rooms. 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. 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.

There are several mathematical formulas that can be used most are based on one or more of the following. The formula is determined based on several variables including. An online seminar is conducted to train you and your personnel on how easily our united utilitytrakr system works. The rubs ratio utility billing system uses an allocation formula that divides a property s water bill among its residents based on square footage number of occupants or other quantitative measures.

Many apartment owners and property managers are curious about how ratio utility billing systems rubs are used to calculate resident water and sewer bills. Copies of the relevant master utility bills are obtained analyzed and added to the system. Relying on rubs is how they claim they are fairly. Ratio utility billing system rubs apartment utility billing services for over 33 years.

The landlord shall not impose any additional charges. It allows the owner to recover a substantial portion of the water and sewer costs by proportionately allocating the costs amongst the tenants. Rubs billing is a method that calculates a resident s utility bill based on a pre calculated formula. Many landlords utilize a landlord created mythical formula for this called rubs which stands for resident or ratio utility billing system.

The actual utility bill for the property is distributed to each resident based on an allocation formula. A portion of the cost of the total utility bill for the property is distributed to each resident based on this 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. 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.

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.