Young America Blog » October 2013
How Do Inclusive Utilities Work?
How do inclusive utilities work at Young America Realty?
Young America offers the convenience of including a utility allowance into rent payments so tenants can avoid the hassle of paying separate bills every month! I've personally heard horror stories about roommates trying to collect money every first of the month for water, electric, internet, etc. What a nightmare!
What is ACTUALLY included?
Gas (if there is gas service to the building)
**And even Satellite Television at certain locations!!
For me, cable isn't really a "make it or break it" item because most of the time I usually just stream shows off the internet but having satellite TV included in my rent payment is an extra bonus!!
How much is the allowance?
The utility allowance is different for each unique apartment, and is simply a dollar amount set aside to be applied to your utility bills. It is hard to say whether you are likely or unlikely to exceed this amount, because so many factors apply (weather, utility rates, and your habits…). I would recommend being conscious of your usage, and turn electronics/water off when not in use! I've been a resident for a year now and I have never had any troubles going over my allowance!
What if I go over my year allowance?
Young America will not charge any overage fees. They will just ask that you simply pay the difference that is owed! YA sends out quarterly statements that remind you how much of your utilities you have been consuming. This is a very useful tool! Young America will send these out every few months to show how much allowance you've used up! It's nice to have a checkup every so often just to make sure you are on the right track!