Submetering and Ratio Utility Billing Systems (RUBS) Regulations
Submetering and RUBS in Chicago, IL
Chicago has a population of 2.7 million people.
The average 2 bedroom apartment rents for $1,320 per month.
Harsh winters and hot summers result in high utility bills.
Multifamily owners concerned about their net operating income have some choices to make about how utilities are allocated to their multifamily properties and should be aware of local utility regulations.
Gas
Ratio Utility Billing Systems (RUBS) – Law is Silent
Submetering – Not Allowed
Electric
Ratio Utility Billing Systems (RUBS) is allowed per State
Submetering – Law is Silent
Important Note
Information on this page was current at the time of publishing and is offered without warranty. Additional regulations and restrictions may apply. Our regulatory experts will provide the latest information free of charge.