How to control the utility bill for mid-term guests

[Leon Lee]

Hi, Fellow BPers

So, I was doing a little happy dance because we finally got stable mid-term guests in about 30% of our units. But then, bam! I get hit with this nearly $400 power bill for a 1200 sqft townhouse for last month (It was cold, but not that cold in Atlanta). Yeah, not so happy anymore. I'm thinking of tweaking the rental agreements for the future. Like, putting a cap where I'll cover up to $200 for electricity, water, or gas, and if it goes over, that's on the tenant. Does that sound fair?

I'm curious, how do you guys keep a lid on utility bills with your mid-term guests? And any tips on handling this with guests who've already signed the contract?

Thanks a bunch!

Lee