RUBS for Multifamily Real Estate
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Can RUBS be utilized with my multifamily community?
In most cases, yes! Some states, counties, and municipalities have restrictions with RUBS so it’s important that you partner with a RUBS company that stays up to date with these regulations.
What utilities can be recovered with RUBS?
Every major utility can be divided by RUBS if the local laws permit.
How much does RUBS cost to implement?
RUBS costs almost nothing to set up and can be done quickly when partnering with a large company like NES. Your property will see results in the first month since residents conserve more when they are directly responsible for the costs.
A few other benefits:
• Common area utilities can be billed to residents (not available in certain states)
• RUBS can increase the value of your apartment complex due to increased cash flow
• NES also offers vacant recovery services which results in increased utility savings
Does RUBS have regulations?
Yes. RUBS can have a variety of regulations, depending on the location. The laws and regulations regarding RUBS for multi-family properties change frequently and vary greatly per state and county. If you plan on implementing RUBS without NES (National Exemption Service), we highly recommend staying up to date with the latest regulations.
Can National Exemption Service handle my large property?
National Exemption Service (www.Submeter.com) is one of the largest Submetering and RUBS companies in the USA. We currently provide Submetering and RUBS services in over 40 states with a focus on properties with more than 100 multifamily units.
Our dedicated compliance team actively verifies state and county regulations, in-house customer phone and email support team provide friendly assistance and the President & Owner actively manages the entire team. Protect yourself from the liability and let NES handle your real estate.
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.
Do you own or manage a multifamily property with 100 or more units?
Get a FREE quote and learn how much you could save by implementing RUBS.
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