Split Utility Bills Fairly & Automatically
Stop guessing how to divide utility costs between tenants. UtilityIOU uses smart meter data to calculate exact, transparent splits based on actual consumption.
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Sound familiar?
When landlords and tenants share a single electric meter, someone always ends up paying more than their fair share — and nobody can prove it.
- Monthly arguments over who used how much electricity
- Manual spreadsheet calculations that take hours and still feel unfair
- Flat-rate splits that penalize low-consumption tenants
- No paper trail — tenants can't verify how their charges were calculated
Trusted by property owners across California
Everything You Need to Manage Utility Splits
From bill extraction to tenant reports, we handle the complexity so you don't have to.
AI Bill Extraction
Upload your utility bill PDF and our AI automatically extracts all the important details - no manual data entry required.
Smart Meter Integration
Import hourly consumption data from Emporia, Sense, or other smart meters to calculate exact usage per tenant.
Time-of-Use Rates
Automatically apply complex time-of-use rates, tiered pricing, and seasonal adjustments to each tenant's usage.
Tenant Portals
Share secure access codes with tenants so they can view their portion breakdown and download reports anytime.
Transparent & Fair
Every calculation is fully auditable with hourly breakdowns, so tenants can see exactly how their charges were calculated.
Save Hours Monthly
What used to take hours of spreadsheet work now takes minutes. Process bills in under 5 minutes.
Bill Splitting in 4 Simple Steps
Upload Bill
Upload your utility bill PDF and our AI extracts all the details.
Import Meter Data
Upload CSV exports from your smart meters for each tenant unit.
Calculate Splits
We apply the correct rates and calculate each tenant's fair share.
Share Reports
Generate PDF reports and share secure links with your tenants.
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SplitWatt is our precision billing engine — built from the ground up to handle time-of-use rates, tiered pricing, and tenant-level cost allocation with fully auditable accuracy.