Fair Utility Billing in Multifamily Properties: How Submetering and RUBS Boost Savings and Tenant Trust
9 minutes read
Utility costs such as water, sewer, gas, electric, and trash are among the largest and least predictable operating expenses for multifamily property owners. How you allocate these expenses directly affects Net Operating Income (NOI), tenant relationships, and compliance. Get it wrong, and you risk financial losses, disputes, or even legal issues. Get it right, and you deliver fairness, transparency, and long-term sustainability.
Drawing from my own experiences, I want to share proven...