RUBS Billing Method – Apartments in Miami
RUBS stands for Ratio Utility Billing System and is the best solution for dividing water usage. RUBS Billing is prohibited in Miami-Dade County. If you manage real estate outside of Miami-Dade County, RUBS billing is allowed.
If you are struggling with managing increasing expenses, Submetering would be the recommended solution if your property is in Miami-Dade County.
What is Submetering?
Submetering in Miami involves the installation of equipment to measure and bill each unit’s water/sewer, gas, and electric use. Submetering has been used since it was invented in the early 1920s.
What are the benefits of Submetering?
When a property takes advantage of water submetering, it raises consumer awareness, users work harder to conserve, therefore reducing overall consumption dramatically. We typically see 15-30% water savings and submetering is also instrumental in detecting leaks. The real estate owner is able to save money since the tenants pay for the water they used. Common area water usage can be accurately measured and billed accordingly. The return on the investment is usually seen within 12 months.
What type of real estate other than apartments can be Submetered?
All types of real estate can be submetered. We serve both new construction and existing properties, those with equipment in place and those requiring equipment. Properties types include apartment communities, mobile home parks, townhomes, and condominiums. Due to the size and skill of our team, we specialize in properties with 100+ multifamily units.
How important are Submetering regulations in Miami?
Submetering regulations are very important. The laws and regulations regarding submetering multi-family properties change frequently. If you plan on Submetering your own real estate, we highly recommend staying up to date with the latest regulations.
National Exemption Service (www.Submeter.com) is one of the largest Submetering companies in the USA. We specialize in properties with 100+ multifamily units, we are uniquely suited to handle these large projects efficiently and professionally. NES has dedicated compliance staff to keep up with state regulations. This article is updated with the most recent regulations that Carmel real estate owners need to know. National Exemption Service (NES) President & Owner is also a voluntary board member of the Utility Management & Conservation Association which makes him privy to best practices in the industry.
Miami Submetering Billing Guidelines:
- Submetering is allowed in Miami
- Some restrictions apply including a registration process
- Late fees are also capped in Miami at 10% of the water bill
NES is American owned and operated by its founder since 1988. Submetering has changed dramatically since the 80’s, new meters are state of the art wireless devices that report usage back on a daily basis. NES can provide a warranty to landlords that cover all mechanical issues related to the meter. Unlike competitors, NES sells or leases the meters at cost which is unheard of in the submetering business. NES also offers leak detection services and utility expense management for an additional fee.
Do you manage a property with 100 units or more?
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