Submetering and Ratio Utility Billing Systems (RUBS) Regulations
Submetering and RUBS in Oklahoma City, OK
Oklahoma City has a population of 629,000 people.
The average 2 bedroom apartment rents for $958 per month.
Utilities are below the median US cost.
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) – Allowed with Restrictions
Submetering – Not Allowed
Electric
Ratio Utility Billing Systems (RUBS) – Allowed with Restrictions
Submetering – Allowed with Restrictions
Important Note
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