UMS Blog
Minnesota’s New Utility Billing Law: What SF 4579 Changed for Landlords
Minnesota Senate File 4579 became law in 2024 as Chapter 107 and now sits in statute as Minn. Stat. 504B.216. It took effect January 1, 2025 for leases entered into or renewed on or after that date, and it rewrote how owners of shared-metered residential...
Illinois Submetering and Ratio Utility Billing Laws
Illinois, like many other states, has specific regulations in place to govern utility billing methods in multi-unit properties. Two common approaches are submetering and ratio utility billing systems (RUBS). In this blog post, we will explore the intricacies...
What is an RBC and Why Should I use one?
RBC is an acronym for a Read, Bill, Collect company and derived from the process of the third party reading the meters, billing the tenants, and collecting the payments; though in practice, the property may decide to collect the payments and the RBC may...
What Is a Ratio Utility Billing System (RUBS)? How It Works and Where It’s Allowed
Ratio Utility Billing Systems (RUBS) and submetering are two different methods used by property owners or managers to allocate utility costs among multiple tenants in a building. The need for submetering or RUBS is often determined during the construction of...