Student Housing - Utilities

[Lois Stern]

I'm about to close in on my first purchase which will be intended for student housing at one of the local universities [that my son happens to be attending - and interested in living in a group house instead of an apartment ... so it seemed a good choice as a starter for me].

Here's my quandary:  As a mom paying the rent, I liked when my older son's residence included a utilities stipend [wording?] so that, for the most part, no extra fees would occur.  Yes, they often ran over the electricity and we got small charges [cold winter, more heat...], but they were small and manageable.  Therefore, I'd like to include the electric, water and internet as a courtesy.  Perhaps something like this:

UTILITIES:  Electricity, Water and Internet shall be paid by the tenants.  Owner agrees to carry all utilities based on a "budgeted plan payment" of $_______ per tenant each month.  A late fee of $5/day will be assessed for utilities in addition to late rental fee.  If adjustments are required, they will be addressed via email to all tenants.

SO - I'd like YOUR thoughts on whether I'm crazy to include the utilities... and if I'm not [well, if you knew me ... but we're talking specifically about utilities here] - does the above sound like a solid clause?