Collecting money from tenants for electricity usage can be complicated for landlords, property owners, body corporates 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. Landlords have no choice but to pay on behalf of the tenant or face disconnection and reconnection fees. In some cases matters may remain unresolved for an extended period of time. While the landlord tries to collect the arrears from a tenant, the utility company tries to collect arrears from the landlord and so a domino-effect of legal proceedings ensues.
For property owners, landlords, body corporates and managing agents, the solution to the problem is to install a secondary, Prepaid Electricity Meter. The secondary Prepaid Electricity Meter is owned by the (landlord, property owner) and provides a cost-effective solution with benefits for both the tenant and landlord.
Landlords and Property Owners/Managers are protected from:
- Tenants running high electricity bills and not paying.
- Tenants disputing their bills after consumption.
- Legal complications between owner and tenant.
Tenants are protected from:
- Landlords charging them more for electricity.
- Not knowing what there level of electricity consumption is.
- Not being able to monitor their consumption.
Landlords and Property Owners/Managers are able to:
- Ensure that tenants pay for electricity before consuming it.
- Protect themselves from unpaid utility bills at the end of a lease period.
- Solve disputes on the amount of electricity consumed.
- Use the sale of recharge vouchers as a bargaining tool for unpaid rent.
Tenants are able to:
- Monitor their consumption by checking the meter monitor use electricity sparingly.
- Budget so that there are no unexpected bills at the end of the month.
- Know the exact amount they are paying for electricity.
When considering all the costs involved, cost of aggravation, disconnection and reconnection fees, legal costs as a result of tenant arrears, it all ads up. The protection and services received with the use of privately owned, secondary Prepaid Electricity Meters far outweighs the costs of purchase and installation. Privately owned Prepaid Electricity Meters enables property owners/ managers to receive payment before usage and provide tenants with a incentive to pay on time.
We offer a broad range of Prepaid Electricity Meters, both single and three-phase, to suite any situations from individual rental units and Granny flats to large buildings and complexes.
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