Ratio Utility Billing System Spreadsheet

Rubs is a method of calculating a resident s utility bill based on occupancy apartment square footage number of beds or a combination of factors.

Ratio utility billing system spreadsheet. Unit square footage occupancy occupancy factor or number of bath rooms. An online seminar is conducted to train you and your personnel on how easily our united utilitytrakr system works. Many apartment owners and property managers are curious about how ratio utility billing systems rubs are used to calculate resident water and sewer bills. D ratio utility billing system means the allocation of water and sewer costs to tenants based on the square footage occupancy or other physical factors of a dwelling unit.

Once the proper notification time has elapsed and or as new residents move in individual utility bills are created on a monthly basis. Implementing a ratio utility billing system or rubs billing system is an excellent way to boost net operating income. Using rubs to bill residents for water gas and or electricity expenses has several advantages including. 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.

This allows for residents to then be billed monthly based on their calculated consumption. Utility bill invoices are sent directly to residents. Multifamily utility company has done an excellent job with our properties. There are several mathematical formulas that can be used most are based on one or more of the following.

Copies of recent master utility bills are obtained analyzed and added to the billing system. This article includes two videos that explain how to calculate a rubs water sewer bill for up to ten 10 apartment units. 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.

Using rubs throughout a property has a multiple advantages such as fast. Often landlords implement a ratio utility bill back system rubs. It s a method of calculating a resident s utility bill based on occupancy apartment square footage number of beds or some combination of factors. 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.

Residents are then billed on a monthly basis based on their calculated utility consumption. E rental agreement includes a fixed term lease.