The Ratio Utility Billing System, commonly shortened to RUBS, is a utility billing alternative to submetering wherein the total cost of a Multifamily Loans or Commercial Real Estate utilities (including water, sewage, electricity, trash collection, waste management and gas) is proportionally divided between each individual tenant based upon a predetermined formula.
RUBS, an acronym for Ratio Utility Billing System, is an alternative billing method to sub-metering in an income-producing property. Using RUBS, the total cost of a multifamily or commercial property’s utilities including (but not limited to) water, sewage, electricity, trash collection, waste management and gas are divided proportionally between each individual tenant based upon a predetermined formula.
Due to the rising popularity of the Ratio Utility Billing System, many utility providers have begun offering RUBS billing support. Some popular RUBS providers include:
Multifamily Utility Company
Guardian Water & Power
Oats Energy
Vitally Energy
National Exemption Service (NES)
Minol USA