1.
Conservation
If your residents are not paying for their utilities, they have no incentive
for conservation. By passing through all or part of these costs, your
residents will take an active roll in lowering overall consumption.
2. Limit Your Exposure
As an owner or managing agent, you are vulnerable to short and long term
spikes (that may and do occur) in utility costs. If you are allocating
this expense, an increase in utilities will not hurt your bottom line.
3. Evolving Marketplace
Twenty years ago, owners paid for many of the bills residents pay today.
In most markets, utility allocation is starting to become the norm.
If your neighboring communities are not billing for water today, tomorrow
they will be.
4. It is a Legal Method of Utility
Billing
RUBS and Submetering programs not only assist in utility conservation
but also are LEGAL methods of utility billing accepted in nearly every
state. State Legislatures, Municipalities, and Environmental Organizations
have recognized the necessity of these programs in promoting conservation.
5. Improved Bottom Line
Passing through your utility costs to the resident can greatly impact
the bottom line and increase the value of your community.
6. Increase the Value of Your
Community
Add up approximately 75% of last year’s bills you plan to allocate
and multiply that number by ten to give your owners an idea of what it
can do to the value of their investment.
7. Conservation
It is so important, we had to mention it twice. When your community begins
an allocation program, you will almost always see immediate savings
in your utility bills. Residents not only use less, but they report
leaks, stop running toilets, and become a partner in lowering your
community’s energy costs.
For
more information
Contact Sierra Utility Billing Services
512-837-3446 or toll free 888-376-3354
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