Challenges
Do your utility costs continue to increase? Over the past ten years, utility costs have outpaced inflation by 300% to 400%, yet increasing rents to cover these escalating costs can be difficult in tight markets.
Did you know utility consumption decreases by 25% to 35% when residents pay for their utilities directly? This decrease in consumption results in substantial money savings for property owners. If any portion of your resident's electric, gas, solid waste, or water and waste water costs is included in their rent, AUB has programs specifically tailored to reduce your utility expenses immediately, at no cost to you in most cases or where regulations allow.
Results
Our programs truly benefit everyone. Residents in multifamily communities, and tenants of commercial real estate developments cost of leasing generally decreases when utilities are billed and paid separate from rent. A direct correlation between utility consumption and the amount of the resident's and tenant's bills provides them direct control of their costs while incentivizing conservation.
Property owners benefit from lower overall operating costs and increased resident retention driven by separating uncontrollable utility expenses from rental costs. This certainly provides a marketing and pricing edge over properties that do not separate utilities from rent.
We all benefit from protecting our limited natural resources by the conservation efforts and results created by our programs.