Submetering and Ratio Utility Billing Systems (RUBS) Regulations
Submetering and RUBS in Seattle, WA
Seattle has a population of 688,000 people.
The average 2 bedroom apartment rents for $2108 per month.
Utilities are lower than the median US.
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.
Ratio Utility Billing Systems (RUBS) – Law is Silent
Submetering – Allowed
Ratio Utility Billing Systems (RUBS) – Allowed
Submetering – Not Allowed
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