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Making Sense of a Changing Utilities Landscape

Extreme weather events are becoming more frequent and severe, affecting communities worldwide. Property owners and managers are increasingly forced to adapt to unpredictable conditions, from heatwaves and hurricanes to prolonged droughts and heavy storms. As climate change accelerates, its impact on the housing industry and utility management is undeniable. Understanding these shifts and implementing resilience strategies is essential for maintaining sustainable, efficient, and cost-effective property management practices. In this article, we explore how changing weather patterns affect property operations and what can be done to prepare for an uncertain future.

Most apartment communities aren’t seeing the potential savings right in their own backyard. One of the ways apartment housing providers choose to manage their utility costs is through a Ratio Utility Billing System (RUBS). RUBS is a system that allows housing providers to share costs with residents by allocating billing amounts based on unit occupancy, square footage, or a similar metric. By dividing the cost between owner and residents, housing providers can increase their net operating income and encourage saving resources.