Submetering and Ratio Utility Billing Systems (RUBS) Regulations
Submetering and RUBS in Tampa, FL
Tampa has a population of 368,000 people.
The average 2 bedroom apartment rents for $1253 per month.
Utilities are on par with 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.
Ratio Utility Billing Systems (RUBS) – Law is Silent
Submetering – Not Allowed
Ratio Utility Billing Systems (RUBS) – Allowed with Restrictions
Submetering – Allowed with Restrictions
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