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7 Energy Saving Tips To Help You Save During The Summer Months

Posted by Livable Content Team on Jun 6, 2022 6:00:00 AM

In the last few years, the United States and Canada have experienced some of the hottest summers on record. The ten warmest years on record are 2019, 2016, 2015, 2017, 2018, 2014, 2010, 2013, 2005, 2009, and 1998. 

Maximize Your Multifamily Properties NOI: Utility Billing Best Practices

Posted by Livable Content Team on May 18, 2022 8:32:08 AM

Utility cost recovery is critical to maximizing a multifamily property’s NOI. Non-payments (and late payments) impact cash flow and the homeowner or property manager’s ability to properly budget. 

5 Utility Billing Mistakes That Are Hurting Your Cost Recovery

Posted by Livable Content Team on Apr 11, 2022 7:00:00 AM

Utility cost-recovery is essential to a property owner’s bottom line, even a simple mistake in your billing system can end up costing thousands. Here are the five most common utility billing errors owners make and how to fix them.

 

1. USING THE WRONG SUBMETER SUPPLIER

Submeters work by sending out pulses that represent the amount of utility consumed. You must obtain the raw read from the meter in order to determine the true consumption of a unit. To acquire genuine gallon amounts, multiply by the pulse multipliers.

Leasing: What A Property Manager Needs To Know About Rent Control

Posted by Livable Content Team on Mar 9, 2022 9:37:07 AM

Rent control refers to legislation restricting rental rates in a city or state. The maximum rent that can be charged for a unit and the amount that the rent can be increased per year varies per municipality. Cities use rent control laws to regulate the housing market.

Save Money On Utility Bills With This Internet-enabled device

Posted by Livable Content Team on Feb 6, 2022 9:00:00 AM

What is a Ratio Utility Billing System? (RUBS)

Simply put, RUBS divides utility bills among residents of a property based on predetermined criteria. A cost-effective solution for property owners to recoup expenditures while also proportionately sharing conservation responsibility with residents in a fair and acceptable manner. Beyond the financial benefits, conserving the Earth's natural resources is in our collective interest. 

Is Ratio Billing Right for Your Rental Property?

Posted by Livable Content Team on Dec 2, 2021 9:15:00 AM

“Energy costs are getting higher, and the cheapest energy is the energy you don’t use" ~ Paul Pettipas - Thrice Energy Solutions

What is conservation and how can you help?

Posted by Livable Content Team on Nov 2, 2021 10:15:00 AM

The benefits of consuming less and conserving more

At Livable, we know that energy conservation contributes to our goal of saving the environment and saving apartment owners money.

Utility Billing: The Country’s Most and Least Expensive Cities

Posted by Livable Content Team on Sep 2, 2021 9:00:00 AM

“At Livable, our goal has always been to help save the environment while also saving apartment owners money by making residents responsible for their utility usage. We have seen that making tenants more aware of their usage can create significant savings. But just how much those savings might be can vary greatly by location, depending on local utility rates. With that in mind, read on to find out where your city ranks in the below list of most and least expensive utility costs”  - Daniel Sharabi - CEO

 

Water 

Apartment List showed in 2021 Honolulu in the top spot with an average of just under $90, with second-place Oxnard, California coming in at $83. The West Coast dominates the list of the most expensive average water bills in the U.S. as of 2021 - San Diego took the third-most-expensive spot with $79. San Jose, Sacramento, Seattle, San Francisco, Stockton and Portland all made it into the top ten as well. In the tenth position, with an average water bill of $63 per month, Virginia Beach was the only East Coast city to break into the top ten.

 

The East Coast tended to be among the cheapest places for water bills, with Upstate New York leading the way. Albany had the least-expensive average water bill at just over $20 a month, but Syracuse, Rochester and Buffalo all had water bills under $30 a month as well.

 

Gas 

Honolulu also took first for the most-expensive gas bill and was the only city in the survey to break $90 a month for this utility. Other than that, most of the other most-expensive gas cities were in colder cities since gas bills are often an indication of high heating costs. Detroit, Buffalo, Omaha, Chicago and Boston all had average gas bills above $80 a month. 

 

Electric

Electricity was by far the biggest single bill in all markets and the only utility that didn’t seem to follow a particular geographic pattern. Birmingham, Alabama took the top spot with an average electric bill close to $200 a month. Augusta, Georgia and Memphis, Tennessee all had bills that came in around $180 a month, which we can assume is due in part to higher cooling costs in the south. Connecticut also had several cities in the top ten, because electrical transmission rates are higher in the Northeast, as are land costs for building power plants. Boise, Idaho had the lowest total average utility bill at $186.

 

Due in large part to its $184 a month average electric bill, Bridgeport, Connecticut has the highest total utility cost of any city in the U.S., coming in at a whopping $353 per month for residents there.

 

Whether you're on the West Coast, East Coast, and everywhere in between, it's always smart to separate rent from utilities! Don’t let high energy usage take you by surprise, Livable’s user-friendly Property Manager Dashboard makes it easy to see what’s happening at your building and immediately increases the value of your asset. Book a call with a Livable team member today to start saving! 

 

Come save with us!

 


 


An easy and simple change you can make in your space is to switch to energy-efficient light bulbs such as LEDs that help reduce your bills. Regular incandescent bulbs use heat instead of light to release most of their energy. The modern LED style bulbs save a lot of electricity and money over time as they are energy efficient and last ten times longer compared to regular bulbs.

Monthly-tip

Smart saver tip of the month

Insulating water pipes is a quick and inexpensive way to lower water-heating costs. The easy upgrade reduces heat loss and allows you to lower your buildings’ water temperature setting by two to four degrees. Plus, since water doesn’t take as long to heat up, less of this precious resource is wasted waiting for faucets and showers to get to the appropriate temperature.

On smaller buildings, this is a definite DIY job that should take less than a day to complete. Check out the U.S. Department of Energy’s website for a comprehensive shopping list and step-by-step instructions.