Collecting money from tenants for electricity usage can be complicated for landlords, property owners, body corporate and managing agents. Tenants regularly avoid paying their electricity bill and in some cases refuse to do so when they feel that they did not consume the amount they are being billed for. When these dispute arise, collection of arrears is normally a major problem for landlords and on top of that It is against the law to disconnect there electricity supply, so tenants continue to enjoy the benefits of electricity and build up arrears.
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Benefits of having a Prepaid meter:
- Improves your cash flow – Using Prepaid Meters there are no arrears to collect and the tenant can only afford to use as much as their budget allows.
- No need for Deposits - Using Prepaid Meters you don’t need to collect deposits for electricity from your tenants. Tenants pay for electricity and then they can SMS to redeem the credit.
- No need for Monthly Bills – Using Prepaid Meters there is no need to send monthly usage bills for electricity.
- No more disconnect and Reconnect Charges – Using Prepaid Meters the electricity is always paid so there is no need to disconnect and reconnect it.
- Tenants like prepaid meters – Using Prepaid Meters, tenants know exactly how much electricity they use and can easily monitor their usage to spend as much as they can afford. This helps them to control their cost of living. There are also no bill complaints on usage.
With prepaid electricity meters the landlord / property owner is in full control.
With our meters you have full control over your tenants utility. Our meters are here to stop tenants running high utility bills and not paying them.
With e-meters prepaid electricity meters you control everything from the comfort of your own home, you can upload credit for your tenant using the Internet or your cell phone. It's that easy.
Our meters are here to help landlord / property owner / developers with tenants that don't pay there electricity bills or simply to help them with a billing system.
- Stop tenants going into arrears. If your tenant doesn't pay for electricity, they don't have electricity. They can only buy electricity from you the landlord / owner / developer. You are not cutting off there electricity, so it's not against the law.
- You can pay your municipal account with confidence, knowing that the money is already in your bank account.
- Prepaid meters are the future.
Developments where there is a bulk meter.
In some developments there is a bulk meter installed and they receive one account from the municipality for all the units, with our prepaid meters each unit pays there own electricity. This way it makes it easier to control the amount of electricity each unit is consuming.
Estate agents who manage a complete development that has a bulk meter installed from the municipality, it is essential for them to install prepaid meters in each unit as this will help them collect the money from tenants. Not only money for electricity, but also rental income.
How much does it cost?
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Frequently Asked Questions:
Is it legal?
Yes, it is legal to install a secondary, prepaid electricity meter in your own property....
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