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The Advantages And Drawbacks Of Apartments With Utilities Included In Fishers

February 22, 2023
A woman adjusting a thermostat

“Utilities included” may seem like a great deal when trying to find an apartment in Fishers. You won’t need to budget for gas and electricity or set a reminder to submit payment for those monthly costs. On the other hand, you may be charged a more expensive rent to balance out the price of your utilities, and you’ll never know if you’re dishing out more money than you would if utilities were paid separately. So in advance of you signing on the dotted line, let’s examine the benefits and disadvantages of apartments with utilities included in Fishers.

The Benefits Of Apartments With Utilities Included In Fishers

The fireplace and bar counter in the common room at Ivy Flats Apartments.

As well as their amenities, lots of Fishers apartments will make it known that rent comes with utilities such as electricity, water, and gas. This is a convenient perk. When you have those fees rolled into your rent payment, you won’t need to account for utilities or remember to submit those monthly bills. All you need to do is cover your rent, and you’ll be good to go! You also will forgo the inconvenience of setting up accounts with the separate utility providers after you sign the lease.

Choosing a utilities-included apartment in Fishers could make sense from a financial standpoint as well. If you operate the A/C or furnace at full force throughout the year, you will avoid more expensive energy costs in the summer or wintertime. You’ll always pay the agreed-upon price irregardless of your HVAC usage, without exception. Having the utilities included might turn out well for people who spend a lot of time at home or when you live in a spacious apartment. If you stay home frequently with appliances and the heater or A/C on throughout the day or need to heat a large interior, paying for energy with your monthly rent could cost you less in the long run.

The Drawbacks Of Utilities Included Apartments In Fishers

Staying in an apartment with utilities included doesn’t work for every tenant. To cover the cost of those utilities, your property’s management may demand a steeper rent. For individuals who burn a lot of gas or electricity throughout the year, that expenditure may be similar to or not as much as covering the utilities on your own. But if you don’t run your furnace or air conditioner much, you may burn less energy than what you’re being charged for in rent. You may even spend more than your fair amount on combined rent and utilities monthly to offset other occupants’ more excessive utility consumption, and you wouldn’t be aware of it.

When utilities are tied to your rent, you also won’t have the option to decrease your energy use to cut costs. You might power down your apartment’s comfort system and use less electricity, but your rent won’t change. As other people will enjoy curtailed utility expenses during mild weather, you’ll have to deal with the same monthly rate, without exception.

Discover Your New Home At State at Fishers

At The State, you’ll discover spacious apartments and luxury amenities that make you feel right at home. Our leasing specialists will help you to locate the perfect apartment for your needs. Reach out to 463-240-1709 or arrange a tour to find out what makes us the best place to live in Fishers!