Latest stories on ratio-utility-billing

Sustainability and Utility Billing: Strategies for Promoting Conservation

Posted by Livable Content Team on May 2, 2024 2:00:00 PM

5 Ways Utility Billing Systems Streamline Operations for Housing Providers

Posted by Livable Content Team on Apr 4, 2024 4:00:00 PM

Ratio Utility Billing Systems offer Housing Providers a comprehensive solution to streamline utility consumption tracking and billing processes while maximizing their bottom line. Housing providers often face the challenge of managing utility consumption, billing and administrative tasks while ensuring accurate and timely billing for Residents. This is where Ratio Utility Billing Systems (RUBS) step in to streamline operations and alleviate the burden Housing Providers face of calculating and figuring every month. These systems leverage technology to automate processes, enhance accuracy, provide transparency and improve overall efficiency. Check out these 5 key ways Ratio Utility Billing Systems streamline operations for Housing Providers:

Fair & Easy: Debunking Common Myths About RUBS

Posted by Livable Content Team on Mar 1, 2024 2:39:20 PM

In the rental industry,  utility billing is full of misconceptions, especially among Residents. Master-billed utility costs are often simply divided equally among units, or included with rent, regardless of each Resident’s consumption. But with the emergence of Utility Billing Systems, there is a better option for Property Owners, one that is accurate, transparent and fair.  Even so, Ratio Utility Billing (RUBS) at times faces pushback from Residents due to misunderstandings of purpose, calculation complexity and perceived unfairness.  

The unwarranted pushback leads to hesitation on the part of Property Owners and Managers to utilize the benefits of Ratio Utility Billing Systems. Clarity and understanding of how Ratio Utility Billing Systems work is essential to eliminate pushback on RUBS and enhance its positive impact on conservation - and Housing Provider revenue. 

Unlocking Efficiency: The Role of Ratio Billing for Accessory Dwelling Units

Posted by Livable Content Team on Feb 7, 2024 12:46:27 PM

As the demand for housing intensifies and urban spaces become more constrained, innovative housing solutions are gaining traction. Accessory Dwelling Units (ADUs) have emerged as a practical and sustainable approach to address housing challenges while making the most of available space to create small, affordable housing opportunities. But with the inclusion of ADUs on a property comes the challenge of fairly recovering utility costs. Ratio Utility Billing is the answer!  Read on to learn more about how you can make the most of this revenue-generating opportunity. 

The Unsustainable Squeeze: Reclaiming Control of Utility Costs in an Era of Rising Prices

Posted by Livable Content Team on Jan 29, 2024 4:45:31 PM

For many Housing Providers, offering "utilities included" rent packages was once a competitive advantage, attracting Residents with the allure of predictable monthly costs. However, in today's economic climate, this seemingly convenient practice can quickly devolve into a financial tightrope walk. 

Nationwide, utility bills are soaring at an alarming rate, outpacing the ability of Housing Providers to adjust rents in accordance with these rising costs. That includes water, sewer and trash bills, especially in places affected by drought and aging water system infrastructure. This discrepancy is particularly acute in jurisdictions with rent control measures, leaving Housing Providers caught in a vice of escalating expenses and limited revenue streams. But there is a light at the end of that particular tunnel.

Have a Happier Financial New Year Through Conservation

Posted by Livable Content Team on Jan 5, 2023 10:02:55 AM

2023 is here! Whether or not you set resolutions, it's natural to look for ways to improve your business at the beginning of a new year. This is a great time to think about building and bettering your properties for the sake of your business growth and development. The health of your business is everything. You can't serve tenants without a healthy bottom line.

Maximize Your Multifamily Property’s NOI with Utility Billing Best Practices in 2023

Posted by Livable Content Team on May 18, 2022 11:32:08 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. 

4 Common Utility Billing Mistakes That Hurt Your Bottom Line

Posted by Livable Content Team on Apr 11, 2022 10:00:00 AM

In a world of softening rental markets and rising utilities, utility cost recovery is essential to your bottom line!  Even a simple mistake in your billing system can end up costing thousands. Avoid these four common utility billing errors to keep your investments healthy.


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.