A utility cap, also known as a Green Cap, is the amount of money your property is going to cover per month of your utilities. This is our way of monitoring our Earth’s resources for a more sustainable tomorrow. Once that limit is reached, the rest of the bill will be added to your rent for you to pay. 

Let’s say you pay $800 dollars a month in rent and that includes all of your utilities. This includes a utility cap of $75 per person (our standard setting).  Considering a house with 5 people means:

5 People X $75 per person = $375 cap to the month’s utilities bills. 

Now in this example, you decide to run the air in your apartment at 64 degrees every day for a month as well as not notify maintenance of a water leak in the house. Naturally, this spikes up your electricity and water bill and causes it to be $90 instead of the $75  monthly allocation. Now you will have to pay that extra $15.

Our goal is to stay under the cap at all times, thus the reason we typically place the cap 20% higher than the rolling 12 month’s statement’s for a property.  This gives you peace of mind that you don’t have to be stingy with resources, however helps ensure the house has a combined effort to use the same resources wisely and efficiently.