Glossary · Finance

What is Shared utility bill?

Also known as Bil utiliti kongsi

A shared utility bill is a house's electricity, water or internet bill split between several tenants. Common ways to split it are equally, by the number of nights each tenant stayed in the billing period, or by separate meter readings for each room's air conditioner, as agreed in the tenancy agreement.

State how the bill is split in the agreement before tenants move in. Our shared utility bill calculator splits one bill by nights or equally, down to the sen.

Related

  • Shared roomA shared room is a room let by the bed, where several tenants or guests who do not know ea
  • Utility depositA utility deposit is money paid by the tenant on moving in to cover electricity, water or
  • Monthly rentalA monthly rental is the letting of a house, room or bed for a month or longer at a fixed r

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