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Property Managers

Prepaid meters for property managers

Overview

Our solution is ideal for property managers and estate agents who are managing rental properties on behalf of their clients. Using our solutions, they can reduce overhead costs associated with executing their rental management mandates and improve their profitability.

Use of our prepaid meters system ensures that 100% of revenues for utilities are collected 100% of the time. Prepayment for utilities by tenants results in a significant reduction in the administrative overhead associated with account reconciliation and billing. read more...

Installation

The prepaid meter installation can be done in both existing buildings and new buildings. The prepaid submeters are installed before the supply reaches the distribution board of the property.

  • The council bulk meter will supply the prepaid meters in each of the units
  • In existing buildings, where submeters are already present, they can be either left or removed

Mouse over the thumbnail below to view an example of a possible meter layout:

Prepaid meter installation layoutPrepaid meter installation layout

Cost

There is a minimal cost payable for the meter and installation starting from R700.
This includes:

  • The prepaid meter
  • Installation at the premises
  • Maintenance / service for the duration of the agreement

Meters

The meters are manufactured by a renowned international manufacturer, who is also a recognised supplier of Eskom, and are easy to use. The calibration of the meters is as prescribed by specifications set in place by Eskom. All meters come with tamper proof measures to ensure that there is no means of bypassing the system.

You can view details of the different types of meters by clicking here.

Additional System Features and Services

When you sign up we will provide the following additional system features and services:

  • Online reporting facility using the latest technology
  • 24hr customer service & support
  • 1 year warranty
  • 24/7 365 days a year rechargeable vending options:
    • Online reporting
    • Any mobile phone
    • Universal Pin
    • Credit cards
    • Direct deposit or EFT
    • Nedbank ATM
  • Auto debit order recharge
  • Rechargeable at the largest network of retailers
  • Arrears collection
  • Active tamper watch
  • Protection against unpaid bills

Getting Started

If your body corporate would like further information about prepaid meter solutions, simply contact us or request a quote for your sectional title property.

 

Additional Info Regarding Property Managers

Use of our prepaid meters system ensures that 100% of revenues for utilities are collected 100% of the time. Prepayment for utilities by tenants results in a significant reduction in the administrative overhead associated with account reconciliation and billing. Since the utility is prepaid meters, it means there also no need to take additional deposit from tenants in order to protect against non-payment.

The use of prepaid meters and prepaid metering systems by property managers and estate agents in not far removed from the situations and challenges faced by buy to let property investors, with the exception that the estate agent is managing the property on behalf of the landlord. As a result factors such as risk and cash flow management are desirable services for customers.

Property Managers and Estate Agents may charge a utilities collection management fee to clients if desired. Since the prepaid meter system is privately owned and privately managed, the prepaid meters may be sold outright to clients or installed simply for the duration of the agreement.

If you would like further information about prepaid meter solutions, simply contact us or request a quote.

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