HAWAII - 23rd October 2020 – Ikehu Solutions offers quality condo and multifamily submetering services and solutions to recover utility costs. Ikehu designs, implements and maintains new and retrofit submetering systems throughout Hawaii. An accurate submetering system helps the community monitor utility consumption and generate utility bills. Submeters can be implemented for electricity, gas, sewer, and water with a low monthly service fee and have a long life-span.
Ikehu’s innovative property management software integration allows remote posting of payments in the same way they would be done on-site. Ikehu handles payment processing & collection on behalf of the community who are using multifamily and condo submetering services. An internal collections team recovers late payments on behalf of the community.
“Ikehu Utility Solutions has done an excellent job with our properties. They are very professional and have seamlessly transitioned many of our apartment buildings to the Ratio Utility Billing program, as well as setting up online automated meter reading and billing with our newer properties. I would recommend them to small and large properties alike”, says a happy community member who has used the condo and multifamily submetering system by Ikehu.
Ratio Utility Billing Systems, commonly known as a RUBS program, is a method for allocating master billed utility expenses to the multifamily unit residents. It is not a fixed rate model where the overall bill is divided by the number of units. RUBS calculations are based on several factors relevant to the utility. Ikehu Utility Solutions works with the property owners to customize the RUBS program accurately. “Ikehu Utility Solutions has done an excellent job with our properties. They are very professional and have seamlessly transitioned many of our apartment buildings to the Ratio Utility Billing Program, as well as setting up online automated meter reading and billing with our newer properties. I would recommend them to small and large property owners alike”, says a happy client from San Diego, CA.
Their Utility Expense Management solution helps larger portfolios avoid late fees, misbills, and improper rate calculations on their master utility bills. It can cost as much as $20 per invoice to pay a master utility bill, and errors are common. The company’s UEM services are powered by Cass, a member of the Federal Reserve, and a leader in utility expense management.
To learn more about multifamily and condo submetering and Ratio Utility Billing Systems visit https://ikehusolutions.com/services/submetering-solution/
About Ikehu Utility Solutions
Ikehu Utility Solutions headquartered in Hawaii offers comprehensive and customized utility expense management and billing services. Property management software integration, in-house collection, resident payment processing, utility expense management, and regulatory support are some of the innovative services offered.
Ikehu Utility Solutions
Address: 1001 Bishop Street, Suite 2817, Honolulu, Hawaii 96813
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