RUBS | Ratio Utility Billing Systems by Oates Energy
Reduce Utility Costs Without a Significant Investment!
Ratio utility billing is often used by apartment and condominium communities, mobile home parks that do not have utility submetering systems in place or where the cost of installing utility submetering is not financially justifiable. A ratio utility billing system allows multifamily communities with one main utility master meter to distribute their utility costs to residents fairly, based on a logical formula.
RUBS formulas are usually based on a number of different factors that take into account state and local laws. For example, some states allow a small percentage to be added to each residence to recover administrative costs. Some allow “common area” water, electric and gas costs to be included. A substantial markup of the actual cost of the utility for profit is universally not allowed. Oates Energy has extensive experience with ratio utility billing systems in all of the states we operate in and can help compose a RUBS formula that is fair to residents, will give them more control over their utility costs, will reduce overall water usage, and will help increase revenue.
RUBS | Ratio Utility Billing Systems by Oates Energy
Reduce Utility Costs Without a Significant Investment!
Ratio utility billing is often used by apartment and condominium communities, mobile home parks that do not have utility submetering systems in place or where the cost of installing utility submetering is not financially justifiable. A ratio utility billing system allows multifamily communities with one main utility master meter to distribute their utility costs to residents fairly, based on a logical formula.
RUBS formulas are usually based on a number of different factors that take into account state and local laws. For example, some states allow a small percentage to be added to each residence to recover administrative costs. Some allow “common area” water, electric and gas costs to be included. A substantial markup of the actual cost of the utility for profit is universally not allowed. Oates Energy has extensive experience with ratio utility billing systems in all of the states we operate in and can help compose a RUBS formula that is fair to residents, will give them more control over their utility costs, will reduce overall water usage, and will help increase revenue.
What is a Ratio Utility Billing System Formula Based On?
A ratio utility billing system formula can be comprised of a number of different factors depending on your preferences and your state and local laws. Below are a few of the factors that we have used to customize RUBS formulas for other multifamily communities and commercial properties:
A RUBS formula that factors in the number of resident occupants, the square footage of the residence and other factors offer multifamily communities a fair and reasonable way to logically allocate utility usage costs among the members of the community.
A ratio utility billing system formula can be comprised of a number of different factors depending on your preferences and your state and local laws. Below are a few of the factors that we have used to customize RUBS formulas for other multifamily communities and commercial properties:
A RUBS formula that factors in the number of resident occupants, the square footage of the residence and other factors offer multifamily communities a fair and reasonable way to logically allocate utility usage costs among the members of the community.
Does RUBS Promote Conservation?
In a word… YES. According to studies by the National Apartment Associations and National Multi-Housing Council, any billing system that allows residents to have an effect on their utility expenses will positively affect, (reduce) usage for everyone.
While individually submetering utility usage allows individual residences and tenants to manage and control their own individual utility costs, a Ratio Utility Billing System also motivates residents and tenants to practice conservation in order to reduce their share of the overall utility cost. In fact, in scenarios where fixed utility charges included with rent were replaced by a Ratio Utility Billing System, the studies referenced above showed that overall water costs fell by between 6% and 27%. Best of all, the implementation of RUBS does not require a substantial capital investment.
If you are currently recovering your community or property’s utility costs with a fixed monthly fee or as a portion of rental fees, contact us to learn more about how our Ratio utility Billing System solutions can accurately and fairly recover your property’s actual utility costs. Call (800) 717-9811 or use our contact form to schedule a free review of your utility cost and how an Oates Energy RUBS solution can help you reduce utility costs and improve operational efficiency!
In a word… YES. According to studies by the National Apartment Associations and National Multi-Housing Council, any billing system that allows residents to have an effect on their utility expenses will positively affect, (reduce) usage for everyone.
While individually submetering utility usage allows individual residences and tenants to manage and control their own individual utility costs, a Ratio Utility Billing System also motivates residents and tenants to practice conservation in order to reduce their share of the overall utility cost. In fact, in scenarios where fixed utility charges included with rent were replaced by a Ratio Utility Billing System, the studies referenced above showed that overall water costs fell by between 6% and 27%. Best of all, the implementation of RUBS does not require a substantial capital investment.
If you are currently recovering your community or property’s utility costs with a fixed monthly fee or as a portion of rental fees, contact us to learn more about how our Ratio utility Billing System solutions can accurately and fairly recover your property’s actual utility costs. Call (800) 717-9811 or use our contact form to schedule a free review of your utility cost and how an Oates Energy RUBS solution can help you reduce utility costs and improve operational efficiency!
Is A Ratio Utility Billing System Right for Our Community?
If your community is currently including utility costs with rent or charging residents a monthly fixed utility fee, Oates Energy can help in a number of ways. RUBS almost always reduces overall usage and promotes conservation that lowers overall utility costs. A RUBS formula will also more fairly allocate utility costs among residents. A single rental tenant would no longer pay the same amount as a family of four for water and sewer. And our utility billing solutions will also eliminate the huge monthly tasks associated to utility billing. And if you like, we can even provide billing customer care for your residents using your unique policies and guidelines. Speak with us about a customized utility billing solution for your community or property. We can be reached at (800) 717-9811 or feel free to use the form at the bottom of this page.
If your community is currently including utility costs with rent or charging residents a monthly fixed utility fee, Oates Energy can help in a number of ways. RUBS almost always reduces overall usage and promotes conservation that lowers overall utility costs. A RUBS formula will also more fairly allocate utility costs among residents. A single rental tenant would no longer pay the same amount as a family of four for water and sewer. And our utility billing solutions will also eliminate the huge monthly tasks associated to utility billing. And if you like, we can even provide billing customer care for your residents using your unique policies and guidelines. Speak with us about a customized utility billing solution for your community or property. We can be reached at (800) 717-9811 or feel free to use the form at the bottom of this page.
Which Utilities Can We Help You With?
Select “Billing” or “Submetering” under a Utility to Learn More about Our Customizable Solutions
Providing Water, Electric and Gas Utility Billing and Submetering in 46 States
Oates Energy provides water, electric and gas utility submetering and billing solutions across the United States in 46 states. Contact us to learn how our flexible submetering and billing solutions can help your properties operate more efficiently and increase your bottom line.
Select your state to learn more!
Oates Energy provides water, electric and gas utility submetering and billing solutions across the United States in 46 states. Contact us to learn how our flexible submetering and billing solutions can help your properties operate more efficiently and increase your bottom line.
Select your state to learn more!
Alabama
Arizona
Arkansas
Colorado
Connecticut
Delaware
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
West Virginia
Wisconsin
Wyoming
Request A Quote
If you manage or own any type of multifamily or condominium community or building, mobile home park or commercial property and would like to recover more of your utility costs, we can certainly help!
(800) 717-9811
Or, use this form to request a quote and we’ll contact you in 24 to 48 hours.
Request A Quote
If you manage or own any type of multifamily or condominium community or building, mobile home park or commercial property and would like to recover more of your utility costs, we can certainly help!
(800) 717-9811
Or, use this form to request a quote and we’ll contact you in 24 to 48 hours.