Ratio Utility Billing System Calculator
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.
Ratio utility billing system calculator. Review recent master utility bills and add them to your billing system. An automatic move out calculator allows the final utility balance to be settled before you and the resident part ways. This article includes two videos that explain how to calculate a rubs water sewer bill for up to ten 10 apartment units. 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. Unit square footage occupancy occupancy factor or number of bath rooms. Is it cost effective for smaller units. Rubs stands for ratio utility billing system.
A portion of the cost of the total utility bill for the property is distributed to each resident based on this formula. Automated move out calculator to deter delinquencies. Many apartment owners and property managers are curious about how ratio utility billing systems rubs are used to calculate resident water and sewer bills. Rubs is a method of allocating utility costs in apartments condominiums offices shopping centers and other multi unit properties.
An online seminar is conducted to train you and your personnel on how easily our united utilitytrakr system works. 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. Ratio utility billing system rubs apartment utility billing services for over 33 years. Rubs billing is a method that calculates a resident s utility bill based on a pre calculated formula.
Verify that the billing system generates the right utility bills according to the ratios you ve chosen. Include a start date for the new system. Copies of the relevant master utility bills are obtained analyzed and added to the system. There are several mathematical formulas that can be used most are based on one or more of the following.
Whas anyone use rubs ratio utility billing system on a small multifamily property say 10 units or less. In the file bank you can download a complimentary spreadsheet used t. Tracking down former residents to pay their final utility bill is a challenge and is often unsuccessful. The formula is determined based on several variables including.
Has anyone use rubs ratio utility billing system on a small multifamily property say 10 units or less. 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.