RUBS Billing
RUBS (Ratio Utility Billing System) is a nifty method where utility costs are divvied up among tenants based on a set ratio. Think of it as splitting the bill at a restaurant but for your utilities. This ratio can be based on the number of occupants, square footage of the unit, or other clever criteria. It’s a fair way to share the cost pie when individual meters aren’t an option.
Why RUBS Billing Matters
RUBS billing is like having a fair referee for your utility bills. Instead of everyone paying the same regardless of usage, tenants contribute based on their habits or unit size. No more guessing games or unfair flat rates – just a clear, predictable share of the utility costs.
Benefits of RUBS Billing
RUBS billing isn’t just a win for tenants; landlords and parent organizations get some sweet benefits too. Here’s the scoop:
- Fair Cost Distribution:
- Utility costs are split fairly, like a well-cut pizza. No more disputes, just harmonious sharing.
- Increased Property Value:
- A fair billing system can make your property as appealing as a beachfront villa in the summer.
- Efficient Resource Management:
- Tenants become utility-conscious, leading to less waste. It’s like turning everyone into a utility superhero.
- Simple and Scalable:
- VITALITY’s RUBS billing system is as easy to scale as your favorite playlist. Perfect for properties big and small.
VITALITY Utility Billing Software Solutions
Metered Billing
RUBS Billing
Consumption Tracking
Historical Utility Spend
Custom Reports & Charge Files
Move Outs & Single Bills
Enterprise-Grade Security
Property Management API Integrations
Student Billing
Vacant Unit Cost Recovery
Experience the VITALITY Advantage
With VITALITY Utility Billing Software, RUBS billing is a breeze. Our advanced tools ensure fair and transparent cost distribution, making utility management as smooth as a perfectly brewed cup of coffee. Ready to simplify your utility billing? Dive into the VITALITY experience today.
Ratio Utility Billing with VITALITY
Reduce Operating Expenses
If you’re seeking a streamlined and cost-effective approach to managing utility costs, look no further than our cutting-edge Ratio Utility Billing (RUBs) solutions. Our RUBs system is designed to transform the way you handle utility expenses, offering a transparent, efficient, and cost-effective method that is tailored to the unique needs of property managers, landlords, and housing associations.
Improving Ratio Utility Billing (RUBs) with Detailed Accuracy
Ratio utility billing is a popular method for distributing utility expenses. It takes a number of factors and uses them to determine the percentage of the bill that each tenant is responsible for.
This method uses factors like the number of occupants, the size of the building, each tenant’s square footage, and the type of business occupying the space to determine the distribution of the utility costs.
Are you missing out on these benefits?
- Increased Profitability
- Transparent Billing Methods
- Equitable Cost Distribution
- Scalability for Growth
- Automated Processes
Ratio Billing Using Occupancy
Ratio Billing Using Sq/ft
Ratio Billing Using Both
Occupancy ratio billing bases the percentage charges off the number of occupants in a location. For instance, if Unit A has 1 tenant and Unit B has 3 tenants; Unit A would be charged 25% of the total consumption while Unit B would be charged 75% of the total bill.
Square footage ratio billing charges tenants based off the proportionate square footage of a unit. For example, if Unit A is 1000 sq/ft and Unit B has 1500 sq/ft; Unit A would be charged 40% of the total bill, with Unit B being charged the rest
The VITALITY platform allows for users to combine a percentage of square footage and occupancy to allow for accurate billing and measuring.
